Property Overview: 37 Westgrove Way
Key Characteristics & Buyer Profile
This is a 1968-built home with 1,080 sqft of living space and an assessed value of $209,000. On its street, it’s the oldest property but also the most affordable—ranked 1st in age (Top 25%) and 3rd in value (Top 75%). Compared to the neighbourhood average of 984 sqft, the home is slightly roomier, though its assessed value sits below Westdale’s typical $246,500.
Where the appeal lies: The main draw is entry-level price point in a mature, well-established area. You’re getting more interior space than many nearby homes, and the lower valuation relative to the neighbourhood suggests potential for gradual equity build—especially if comparable homes trend upward. The property’s age means it likely has original features (plaster walls, solid wood trim, deeper lot proportions) that newer infill builds lack.
Who it suits: First-time buyers who prioritize location over turnkey condition. Also buyers looking for a renovation project in a stable, older Winnipeg neighbourhood where surrounding homes have higher average values—this gap can work in your favour if you improve the property. Less suited for someone wanting modern finishes or a newly built layout without work.
Frequently Asked Questions
1. How does the living area compare to other homes in Westdale?
It’s slightly above the neighbourhood median. Westdale averages 984 sqft for comparable homes, while this property is 1,080 sqft—ranking in the top third of the area. You’re getting more square footage than most nearby houses.
2. Why is the assessed value lower than the neighbourhood average?
The home is older (1968 vs. Westdale’s average of 2008), and age typically lowers assessed value unless significant upgrades have been made. It also ranks lower on the street, where the average assessment is $221,300. This likely reflects original or minimally updated condition.
3. What does “ranked #1 on the street for year built” actually mean?
It means this is the oldest house among the four comparable homes on Westgrove Way. All four were built in 1968, so the ranking is a tie-breaker based on the assessment system—but practically, it confirms the entire street was developed around the same time.
4. Is this a good candidate for a renovation?
Potentially yes. The lower assessed value relative to the neighbourhood suggests room to increase equity through targeted updates. However, because it’s already older than 90% of city-wide homes, major systems (roof, electrical, plumbing) may need attention sooner than a newer property.
5. How does the property rank city-wide?
It sits in the top 39% for living area (larger than average), top 58% for assessed value (around the middle), and bottom 15% for age (older than most). In plain terms: it’s a bigger, cheaper, older home relative to the rest of Winnipeg.