34 Hammond Road – Property Summary
Key Characteristics & Buyer Profile
This 1,134 sqft bungalow, built in 1967, sits on a 5,699 sqft lot in Winnipeg’s Westdale neighbourhood. Its assessed value is $314,000.
The property’s standout feature is its living area. At 1,134 sqft, it is noticeably larger than the average home on Hammond Road (1,050 sqft) and also above the Westdale neighbourhood average (1,029 sqft). Citywide, it falls near the middle of the pack. In terms of land, the lot is slightly smaller than average for the street (5,699 vs. 6,075 sqft) but sits comfortably in the middle range for the neighbourhood and city.
The year built and assessed value tell a different story. The home is older than most in Westdale (1967 vs. 1971 neighbourhood average) and its assessed value is below the street average ($314K vs. $337K). However, the low assessed value suggests potential for below-market entry pricing or future upside, especially when combined with the above-average living area.
This property would suit a buyer who prioritizes interior space over lot size or a pristine move-in condition. It appeals to those comfortable with an older home’s character (and potential maintenance) who want more square footage than typical for the street, without paying a premium tied to a newer build. It could also attract an investor or DIY owner looking for a solidly sized house in an established neighbourhood, where the low assessed value relative to the area average might offer value now or after renovations.
Five Possible FAQs
1. How does the living area compare to other homes in Westdale?
The home’s 1,134 sqft is above the neighbourhood average of 1,029 sqft. It ranks in the top 24% of comparable homes in Westdale, so it offers more interior space than most nearby properties.
2. Why is the assessed value lower than other homes on the same street?
The assessed value of $314,000 is below the Hammond Road average of $337,100. This could reflect factors like the home’s age (built in 1967, older than many on the street) or its slightly smaller land area. It’s not necessarily a sign of poor condition, but it may indicate the property has not been updated as recently as neighbours.
3. Is a house built in 1967 considered old for this area?
Yes, relative to Westdale. The average home in the neighbourhood was built in 1971. This home is older than roughly 93% of comparable properties in the area. Citywide, it’s right around the median. Buyers should factor this into their inspection and renovation planning.
4. How does the lot size affect the property’s value or usability?
At 5,699 sqft, the land is smaller than the street average (6,075 sqft) but still reasonable for a single-family lot. It is actually slightly larger than the Westdale neighbourhood average (5,168 sqft). For most buyers, the lot is functional for a yard, garden, or small expansion, but it won’t offer the roominess of larger lots on the street.
5. What does “ranking” mean in the data provided?
Each ranking compares this property to a set of comparable homes in a given area (street, neighbourhood, or city). A lower rank number means a better position. For example, a rank of #22 out of 100 on the street means the home outperforms 78% of comparable homes on Hammond Road in that category. “Top 22%” means it falls in the 22nd percentile—better than average.