Property Overview: 15 Westlund Way, Winnipeg
Key Characteristics & Appeal
This is a well-established, two-storey family home in the Eric Coy neighbourhood, built in 1975. It sits on a generous, mature lot of nearly 7,000 sqft, offering more outdoor space than most homes in the area. With 1,536 sqft of living space and a finished basement, it provides practical, multi-level living. The home’s standout feature is its strong relative value within Winnipeg, ranking in the top 18% of the city for lot size and the top 26% for living area. Its appeal lies in this combination of space, established community character, and a price point that is competitive for what it offers. It would suit buyers looking for a solid, no-fuss family home in a mature suburb, who prioritize lot size and interior space over a newer build, and who see value in a property that already has broad, long-term infrastructure in place.
A less obvious perspective is the home’s "settled" nature. Being over 50 years old, major systems and the neighbourhood's growth are largely complete, offering predictability. The rankings suggest it’s a notably spacious property for its price bracket in the wider city, making it a pragmatic choice for those seeking room without a premium new-build cost.
Frequently Asked Questions
1. What is the true significance of the provided rankings?
The rankings show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, ranking in the top 18% city-wide for lot size means it has a larger yard than 82% of Winnipeg homes, a key advantage.
2. Is the 1975 build year a concern?
While not new, the home is from an era of solid construction. The focus for a buyer should be on the condition and age of major updates (roof, windows, HVAC) and the finished basement, rather than the build year alone. It ranks as newer than 55% of Winnipeg homes.
3. How does the assessment value relate to the listing price?
The municipal assessment of $429,000 is for tax purposes and provides a baseline. The listing price is set by the market. The assessment shows it is valued higher than 71% of Winnipeg homes, indicating the city recognizes its above-average worth.
4. What does the ranking for "Assessment Total Price" tell us?
This ranking is unique—it shows the home’s municipal assessment value is relatively low compared to its neighbours on the street (top 91%), but higher than most in the city (top 29%). This can sometimes indicate a potential value opportunity on a street with higher-assessed homes.
5. Who is this home likely not suited for?
It may not suit buyers seeking a modern, open-concept layout without renovation work, or those wanting brand-new appliances and systems. The absence of a pool and the home’s era-specific design would also not match those seeking contemporary luxury or resort-style amenities.