47 Acorn Place – Property Summary
Key Characteristics & Appeal
This is a 1973-built home with 859 sq. ft. of living space on a 3,188 sq. ft. lot in the Westdale neighbourhood of Winnipeg. Its standout feature is the year built: it ranks #1 on Acorn Place (top 4%), meaning it’s the newest or most recently constructed home on the street. The assessed value of $278,000 is also notably strong for the immediate area, ranking in the top 14% on the street—suggesting the home holds its value well relative to its neighbours.
That said, the property is smaller than average in almost every broader comparison. The living area is below the neighbourhood and citywide averages, and the lot size is well below typical for both the street and the city. This isn’t a home that competes on square footage or yard space. Its appeal lies in being a well-positioned, newer-build option on a street where most homes are older, with a solid assessment that reflects good value retention. It would suit a buyer who prioritizes a compact, lower-maintenance home in an established area and is less concerned with having a large lot or expansive living space—someone like a first-time buyer, a downsizer, or an investor looking for a property with strong street-level value indicators.
Frequently Asked Questions
1. How does the living space compare to other homes nearby?
On Acorn Place itself, 859 sq. ft. is around average, ranking in the middle third. But compared to the broader Westdale neighbourhood and Winnipeg overall, it’s below average. If you need more interior room, you’d likely look at other streets in the area.
2. Is the assessed value of $278,000 a good sign for resale?
On this street, yes. It’s ranked #4 out of 28—well above the street average of $263k. That suggests the home is valued more highly than most of its immediate neighbours, which can be a positive if you're thinking about future resale or equity. However, it’s still below the citywide average for comparable homes.
3. Why is the lot size so much smaller than average?
The 3,188 sq. ft. lot places this home in the bottom 20% on Acorn Place and the bottom 15% citywide. This is fairly typical for newer infill homes or properties on smaller, older street layouts. You’re trading yard space for a newer build in an established location.
4. What kind of buyer usually goes for a home like this?
It tends to appeal to buyers who want a newer home without moving to a new development on the outskirts. That includes young couples, retirees, or anyone looking for something efficient and low-maintenance. It’s less suited to families needing large bedrooms or a big backyard.
5. Should I be concerned that it's ranked lower in the neighbourhood overall?
Not necessarily. The neighbourhood-level rankings reflect the entire Westdale area, which includes many larger, older homes with bigger lots. This property is a different product: a smaller, newer house on a compact lot. The strong street-level assessment and top-tier year build show it does well within its immediate context. If your priorities align with what this home offers, the broader neighbourhood rankings are less relevant.