41 Thetford Place – Property Summary

Key Characteristics & Buyer Profile

This is a 1974-built home with 1,256 sq ft of living space on a 6,995 sq ft lot, located in Winnipeg’s Westdale neighbourhood. Its strongest asset is its living space relative to the immediate area—it ranks 1st out of 10 homes on Thetford Place and sits in the top 7% within Westdale, where the average home is significantly smaller at 1,029 sq ft. On the street, it’s also the newest build (tied with others from 1974), and its assessed value of $402,000 is on par with the street average but well above the community norm of $307,000, reflecting the home’s above-average size and condition within the neighbourhood.

The appeal here is subtle but practical. Buyers get a home that stands out within a stable, established street without being overbuilt for the block—lot size is slightly below the street average but well above the neighbourhood and city medians. It’s not a showpiece, but it offers genuine comparative value: more space and newer construction than most homes in Westdale, at a price that aligns with other homes on the same street. That makes it a good fit for buyers who want a solid, mid-sized home in a walkable, mature neighbourhood, without paying a premium for a top-of-market property. It would particularly suit families or professionals who value square footage and a newer build over a larger lot or a more central city location.

Frequently Asked Questions

1. How does this home compare to others on Thetford Place?
It’s the largest in terms of living space and tied for the newest, but its lot size and assessed value are close to the street average—so it’s not an outlier, just the strongest option for interior space on the block.

2. Is Westdale generally more expensive than other Winnipeg neighbourhoods?
Not necessarily. This home’s assessed value is about 30% higher than the Westdale average, which suggests it’s an above-average property within the area. Westdale overall has lower average values than the city as a whole, so this home is a relative standout there.

3. Does a higher assessed value mean higher property taxes?
Generally yes, but assessment reflects market value, not a fixed tax rate. The property’s city-wide rank (top 38%) suggests taxes would be moderately above average, but not dramatically so for a home of this size.

4. How does the lot size affect usability?
At nearly 7,000 sq ft, the lot is generous by Westdale and city standards. It offers decent outdoor space without the maintenance of a larger property, and it’s placed well within the top 20% city-wide for lot size.

5. What’s the neighbourhood like for resale value?
Westdale is an established community with stable demand. Homes here tend to sell near their assessed value, and properties that rank well on living space and condition—like this one—typically hold their value better than older or smaller homes in the same area.