Key Characteristics & Ideal Buyer Profile
This 1,100 sqft property sits on a roughly 3,360 sqft lot in the Westdale area of Winnipeg. Built in 1970, it’s one of the newer homes on its street, ranking in the top 3% locally. The living space is slightly above the neighborhood average of 1,029 sqft but below the citywide average of 1,342 sqft, putting it in the top 30% for the area. The assessed value is $267,000, which is close to the street average but notably below Westdale’s average of $307,000 and Winnipeg’s $390,000 average.
The main appeal here is value within a decently sized neighborhood. You get more living space than many nearby homes, and the property is newer than most on the block, without the premium price tag of the surrounding area. The trade-off is the lot size: it’s smaller than average for both the street and the neighborhood.
This would suit a buyer who wants a solid, well-measured home in an established area without overpaying for land they don’t need. It’s a practical fit for someone who values interior condition and a newer build over a large yard—possibly a first-time homeowner, a downsizer, or someone looking for a lower-maintenance property in a community where larger lots are more typical.
Five Frequently Asked Questions
1. How does the property’s size compare to others nearby?
The living area is slightly above the neighborhood average and well within the top third of Westdale homes. However, the land is about 30% smaller than the typical neighbor’s lot. If you’re comparing with other properties on this street, the home is close to average—similar to the median home down the block.
2. Why is the assessed value lower than the neighborhood average?
The assessment reflects the smaller lot size more than the home itself. While the house is competitively sized and one of the newer ones on the street, the lower land value brings the total assessment down compared to Westdale’s overall average. This is actually a plus for potential buyers, as it suggests lower property taxes relative to many neighboring homes.
3. Is the home considered older or newer compared to others?
It was built in 1970, which is about the same as the street’s average and similar to the citywide median. Within Westdale, it’s slightly newer than the average home. It’s not a new build by any means, but it’s well within the typical range for the area and avoids the older stock found in some parts of the city.
4. What are the pros and cons of the smaller lot?
The smaller lot means less yard maintenance—no huge lawn to mow or fence to maintain. It also keeps the purchase price and taxes lower. On the flip side, if you want a large garden, space for a workshop, or a bigger buffer between neighbors, this won’t offer that. It’s a trade-off between convenience and space.
5. How does this property hold its value against others on the same street?
Based on the ranking data, it sits right around the median for assessed value and home size on this block, and it’s a standout for being one of the newer homes. Because it’s not an outlier in price but is newer than many neighbors, it could hold value well for a buyer who maintains the interior—though the smaller lot does limit upside compared to larger properties in the same street.