175 Hammond Road – Property Summary
Key Characteristics & Buyer Profile
This is a 968 sqft home built in 1968, sitting on a 5,995 sqft lot in Winnipeg’s Westdale neighbourhood. The assessed value is $310,000.
Where the appeal lies: The lot is the standout feature here. It’s slightly above average for the neighbourhood and ranks in the top third city-wide, which is uncommon for a home of this size. The house itself is smaller than most in the area—both on the street and city-wide—but the land gives it room to breathe. Buyers who value outdoor space or see potential for future expansion will find that combination interesting. The year built and assessed value are both fairly middle-of-the-road for Winnipeg as a whole, meaning there are no major red flags from a valuation standpoint, but also no standout premiums.
Who it suits: This property is best suited for someone who wants a functional, unremarkable home with a generous yard in a stable older neighbourhood. It’s not a “turnkey” candidate for most buyers who expect a larger living area, but it could appeal to:
- A first-time buyer willing to renovate or add square footage later.
- A downsizer who prioritizes outdoor gardening or workshop space over interior square footage.
- An investor or flipper who sees the land value as the primary asset, especially if the neighbourhood continues to see infill development.
The home’s age (1968) means it likely has original or older mechanicals and finishes; it’s not a recent build. That could be a plus for someone who likes mid-century character, or a drawback for someone expecting modern efficiency.
Five FAQs
1. How does the living area compare to typical homes in Westdale?
It’s about 60 sqft smaller than the neighbourhood average. That’s noticeable but not extreme—many homes in Westdale from the late 1960s are closer to 1,000–1,100 sqft. City-wide, it’s well below average.
2. Is the assessed value fair?
The $310k assessment is slightly below the street average ($337k) but on par with the neighbourhood average ($307k). City-wide, it’s below the $390k average. Given the smaller living area, the value seems tied more to the lot than the house itself.
3. What condition might a 1968 home typically be in?
Without an inspection, it’s impossible to say exactly, but a house of this age often has original roofing, windows, or HVAC systems unless they’ve been updated. Buyers should budget for potential updates to insulation, wiring, or plumbing.
4. How does the lot size affect usability?
At nearly 6,000 sqft, the lot offers more space than most city-wide. That’s enough for a large garden, a shed or workshop, and possibly a future garage addition. It’s not oversized enough to subdivide, but it’s comfortable.
5. What’s the resale potential in this area?
Westdale is a stable, older neighbourhood with decent demand. The land value provides a floor, meaning even if the house needs work, the lot retains value. The key risk is that smaller homes on larger lots don’t always appeal to the widest buyer pool, so resale may take longer than a more updated, average-sized home.