26 Braewood Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1,080 sqft home built in 1977, sitting on a notably large 7,891 sqft lot in Winnipeg’s Westdale area. The property ranks well above average for land size—top 12% citywide and top 8% in the neighbourhood—which is its standout feature. The living area is slightly above the street average but essentially middle-of-the-pack across the city, and the assessed value of $270k is below the citywide median for comparable homes, though close to the street average.
The appeal here is mostly about the lot. Buyers who want outdoor space, gardening potential, or room for additions may find this property attractive, especially since large lots in established neighbourhoods like Westdale are becoming less common. The home itself is modest in size and value, so the purchase price likely reflects the land rather than the structure. It could suit buyers who are willing to invest in renovations or a rebuild, or those who simply want more yard than most city homes offer without leaving a mature, central neighbourhood. First-time buyers looking for something smaller with expansion potential might also be interested, though the 1977 build means systems and finishes may need updating.
Frequently Asked Questions
1. How does the lot size compare to other homes in Westdale?
It’s well above average. The property ranks 118th out of 1,460 homes in the neighbourhood (top 8%), and the average lot in the area is about 5,168 sqft—this one is nearly 2,700 sqft larger.
2. Is the assessed value in line with similar homes nearby?
It’s close to the street average of $281k but below the wider neighbourhood average of $307k. Citywide, it falls in the bottom quarter for value, which may reflect the smaller living area relative to newer or larger homes.
3. What is the condition of a 1977 home like this?
No condition details are provided in the data. Homes built in the late 1970s typically have original mechanicals, windows, or roofing that may need attention, but that would require a professional inspection. The year-built ranking (top 1% in the neighbourhood) only tells you it’s newer than most nearby homes—not its actual state.
4. Could this property be expanded or redeveloped?
The large lot suggests potential for an addition, laneway suite, or even a teardown and rebuild, depending on local zoning and setback rules. Westdale is a mature area, so any changes would need city approval. It’s worth checking with the planning department before assuming what’s possible.
5. Why is the living area ranking so much weaker than the land ranking?
The home is only 1,080 sqft, which is around the street median but well below the citywide average of 1,342 sqft for comparable homes. The lot, meanwhile, is unusually large for its price point. This mismatch is common in older neighbourhoods where land has appreciated faster than the structures on it.