225 Hammond Road – Property Summary
Key Characteristics & Profile
This 1969 bungalow offers 1,284 square feet of living space on a 6,301-square-foot lot in Winnipeg’s Westdale neighbourhood. What stands out is not just the size, but the value. On its own street, the property ranks #1 out of 100 for assessed value—well above the street average of $337K—while the living area sits in the top 12% of Hammond Road homes. The lot is generous for the neighbourhood (top 18%), and the year built places it among the older homes in Westdale, though it's close to the citywide median.
The appeal here is a mix of space and relative affordability. The assessed value of $415K is high for the street and neighbourhood, but only around average citywide, suggesting you’re getting a home that punches above its weight in local context. For someone who values a larger-than-average floor plan and lot in an established area, without paying a premium that stretches beyond the local market, this property offers a solid balance.
It would suit buyers who want room to grow—families, or those looking for a home with renovation potential in a stable, older neighbourhood. The home isn’t new, but it’s not unusually old for Winnipeg, and the lot size offers outdoor space that’s becoming harder to find. It’s less suited for someone seeking a turnkey, modern interior or a compact, low-maintenance footprint.
Frequently Asked Questions
1. How does this home compare to others on Hammond Road specifically?
It ranks #1 for assessed value and #12 for living area out of 100 homes. That means it’s both the most valuable property on the street and one of the largest in terms of floor space.
2. Is the assessed value of $415K close to the asking price?
We don’t have the asking price here, but the assessed value is well above the street average ($337K) and neighbourhood average ($307K), while sitting just above the citywide average ($390K). It suggests the home is seen as high-value locally but not out of step with the broader market.
3. How old is the home, and is that a concern?
Built in 1969, it’s older than most homes in Westdale (where the average is 1971) but newer than the citywide average (1966). It’s not a heritage property, but a typical mid-century build. Buyers should budget for updates depending on the condition of mechanicals, windows, and insulation.
4. What kind of lot does this property have?
The lot is 6,301 square feet, which is larger than both the street average (6,075 sqft) and the neighbourhood average (5,168 sqft). It ranks in the top 16% on the street and top 18% in the area, so you’re getting above-average outdoor space for Westdale.
5. How does this home perform compared to Winnipeg as a whole?
It’s around average citywide for living area, assessed value, and year built. The one standout is land area, which ranks in the top 25% of the city. So while it’s not exceptional by citywide standards in every metric, the lot size and local rankings give it a distinct advantage in its immediate context.