160 Westgrove Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1971-built home with 878 square feet of living space on a 1,380-square-foot lot. Its most distinctive feature is the construction year: on Westgrove Way, it ranks in the top 5% for newness, meaning most homes on this street are older. That said, relative to the broader Westdale neighbourhood and Winnipeg as a whole, the year built is close to average.
The property sits below neighbourhood and city benchmarks in both living area and assessed value. The assessed value of $194,000 is noticeably lower than the Westdale average of $307,400 and well below the citywide comparable average of $390,100. Lot size is also on the smaller side—significantly below the street, neighbourhood, and city averages.
Where this home appeals is not in size or prestige, but in relative affordability and a newer build within its immediate street context. It would likely suit a first-time buyer or someone looking for a lower-entry price point in Westdale, a neighbourhood where many properties carry higher valuations. It may also attract buyers who prioritize a more recent construction over a larger footprint, especially if they’re willing to trade lot size for a home that may require fewer immediate updates than older stock on the same street.
Five Possible FAQs
1. How does the assessed value compare to other homes in the area?
The assessed value of $194,000 is below the average for Westgrove Way ($230,800), well below the Westdale neighbourhood average ($307,400), and significantly below the citywide average for comparable homes ($390,100). It ranks in the bottom 3% within the neighbourhood.
2. Is the living space considered small for this area?
Yes. At 878 square feet, the home is slightly below the street average (935 sq ft) and notably below the Westdale neighbourhood average (1,029 sq ft) and citywide average (1,342 sq ft). It ranks in the bottom 27% within the neighbourhood for living area.
3. How old is the property, and is that typical for the street?
The home was built in 1971, which places it in the top 5% for newer construction on Westgrove Way—most homes on the street are older. However, within Westdale and citywide, 1971 is close to average.
4. What is the lot size, and how does it compare?
The lot is 1,380 square feet, which is well below the Westgrove Way average (2,961 sq ft), the Westdale average (5,168 sq ft), and the citywide average (6,570 sq ft). It ranks in the bottom 2% within the neighbourhood and near the very bottom citywide.
5. Would this property be a good investment for a first-time buyer?
Potentially, depending on priorities. The lower assessed value and smaller size make it more accessible price-wise than many homes in Westdale. The newer build relative to the street could also mean fewer major repairs compared to older neighbouring properties. However, the small lot and below-average living area may limit resale appeal if buyers in the area typically expect more space.