Key Characteristics & Buyer Profile
This 1,076 sqft home sits on a 6,295 sqft lot in Westdale, Winnipeg. It was built in 1970. Compared to other homes on Rannock Avenue, the property is on the smaller side both in terms of living space and land—the street average for lot size is 9,690 sqft. However, when measured against the broader Westdale neighbourhood, the lot is well above average (top 22%), and the living space is slightly above the community average of 1,029 sqft.
The assessed value of $347,000 is below the street average but above the neighbourhood average. That spread is worth noting: you're getting more house and land than typical for the area, but at a tax assessment that reflects a price point closer to the community norm rather than the higher street average. This suggests the property may offer relative tax value compared to nearby homes.
The home would suit buyers who want a larger yard than most houses on this street offer, while still being in a neighbourhood where lot sizes overall are generous. It's a practical choice for someone who values outdoor space over a huge interior, or who sees potential to update a 1970s home in a solid, established area. It's less suited for buyers looking for a recently built, move-in-ready property with premium finishes.
Frequently Asked Questions
How does this home's size compare to other homes in Westdale?
The living area is slightly above the neighbourhood average, and the lot is significantly larger—among the top quarter of properties in the community. So it offers more land than most nearby homes.
Is the assessed value lower than what I'd expect for a home this size?
Relative to the street, yes. But compared to the broader Westdale area, the assessment is above average. The home seems to sit at a middle point: more affordable than many homes directly on Rannock Avenue, yet valued higher than the typical Westdale property.
Does the 1970 build date mean major updates are needed?
Not necessarily, but it's something to look into. A home built in that era often has original systems (furnace, wiring, plumbing) or older windows and insulation. The home's age is typical for the neighbourhood, so don't assume it's outdated, but do check what's been updated.
What does the "average" ranking actually mean?
Each ranking compares this property to others in the same category. For example, the lot size is in the top 22% for Westdale, which means most homes in the neighbourhood have smaller yards. The progress bars show how this home stacks up as "better than" or "worse than" the typical property in that category.
Would this be a good investment property?
Potentially, if you're focused on land value. The lot is generous for the street, and Westdale is an established area. The assessed value is reasonable relative to the community, which may allow for equity growth. But the home's smaller interior and age may limit rental or resale appeal without some updates.