Property Summary: 195 Crestwood Crescent

Key Characteristics & Buyer Profile

This is a 1962-built detached home with 1,144 sqft of living space on a 6,602 sqft lot in Windsor Park. Its appeal lies in consistent above-average rankings within both its immediate street and broader neighbourhood. On Crestwood Crescent, it sits in the top 15% for living area and top 13% for assessed value. At $379,000 (assessed), it's priced above the neighbourhood average of $354,000 but still below the citywide median of $390,000—meaning buyers get stronger value locally without overextending relative to the wider market.

The lot is a standout. At 6,602 sqft, it’s larger than the citywide average (6,570 sqft) and ranks in the top 21% across Winnipeg. That’s uncommon for a home of this era, where land has often been subdivided. This property likely suits buyers who want more outdoor space—gardening, storage, or future expansion potential—without paying a premium for a newer build. Its age (slightly newer than neighbours on the street, slightly older than the city average) also suggests it may have been maintained or updated in phases, which can appeal to buyers who prefer character and established landscaping over turnkey cookie-cutter finishes.

The property would best suit a buyer who values neighbourhood standing and a good-sized lot over absolute square footage. It’s less ideal for someone who needs maximum interior space or a brand-new build. The comparative metrics suggest this is a stable, well-positioned home in a middle-tier city context, not a speculative flip.

Five Possible FAQs

1. How does this home’s size compare to others in Windsor Park?
It’s above average. The typical home in this neighbourhood has about 1,091 sqft of living space, so this one offers roughly 5% more. The lot is also above average for the area (6,602 sqft vs. 6,030 sqft).

2. Is the assessed value of $379,000 a realistic market indicator?
It’s a baseline. Within the neighbourhood, this home is valued higher than 79% of properties, but citywide it falls near the midpoint. In practice, final sale price depends on condition, updates, and current demand. The assessment suggests it’s not overpriced relative to its rankings.

3. Why is the lot size a bigger selling point than the living area?
Because it ranks higher in a wider comparison. The lot is in the top 21% citywide, while the living area is only in the top 56%. A larger lot offers more flexibility—additions, sheds, gardens, or privacy buffers—especially in a 1960s neighbourhood where standard lots tend to be smaller.

4. How does a 1962 build affect maintenance expectations?
Homes from this era typically have solid framing but may need updated mechanicals, windows, or insulation. Being slightly newer than the street average (1960) may indicate it avoided some of the earliest infrastructure issues. Worth inspecting the roof, furnace, and foundation carefully.

5. What does “close to average” citywide mean for resale?
It suggests the property isn’t an outlier, which can be a good thing. Extreme values—very small or very large—can limit buyer pools. This home’s mid-range city ranking means it’s likely to appeal to a broader cross-section of buyers if you sell later.