171 Cullen Drive – Property Summary
Key Characteristics & Buyer Profile
This 1970-built home sits on a 6,294 sqft lot with 1,072 sqft of living space. Its standout feature is assessed value: at $378,000, it ranks in the top 8% on Cullen Drive and top 11% in Westdale, significantly above the street average of $331,100 and the neighborhood average of $307,400. The land area is also a strong point—above average both within the neighborhood (top 23%) and citywide (top 26%).
The living area is around average for the street and neighbourhood, but slightly below the citywide average for comparable homes. The year built (1970) is broadly in line with nearby properties. In short, the value here isn't in generous square footage or a newer build—it's in the lot size and the assessed valuation relative to its peers.
Who this suits: Buyers who prioritize a solid lot and long-term value over a large floor plan. It may appeal to someone willing to invest in renovations or an addition, given the land provides room to expand. It’s less suited to those seeking a move-in-ready, spacious interior or a newer build. The above-average assessment could also signal strong resale potential or desirable location factors that aren't captured by square footage alone.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It's well above average. The assessed value of $378,000 ranks 8th out of 97 homes on Cullen Drive and 154th out of 1,460 in Westdale. The typical home on the street is assessed at about $331,000, and in the wider neighborhood, about $307,000.
2. Is the living space considered small for the area?
It's about average for the street and neighbourhood, but below the citywide average of 1,342 sqft for comparable homes. At 1,072 sqft, it's consistent with many properties built in the early 1970s in this part of Winnipeg.
3. How large is the lot, and is that unusual?
The lot is 6,294 sqft, which is above average locally and citywide. It ranks in the top 26% across Winnipeg, so it's notably bigger than many comparable properties—especially within Westdale, where the average lot is about 5,168 sqft.
4. When was the home built, and does that affect its ranking?
Built in 1970, which is around average for both the street and neighbourhood (most similar homes date to 1971). Citywide, it falls in the middle of the pack. Not a drawback, but not a selling point either.
5. What does the "Top 8%" ranking mean for resale?
It suggests the home is already valued significantly higher than most of its immediate competition on Cullen Drive. That could reflect a well-maintained property, a desirable location within the street, or lot characteristics. For resale, it means the asking price has a strong baseline—but also that future appreciation may depend more on broader market trends than on being undervalued relative to neighbours.