6640 Rannock Avenue – Property Summary

Key Characteristics & Buyer Profile

This 1,000 sqft home sits on a notably large 7,226 sqft lot in Winnipeg's Westdale neighbourhood. Built in 1972, the property is assessed at $369,000. What stands out here is the land: the lot ranks in the top 15% citywide and top 10% within Westdale, meaning you're getting significantly more yard space than most comparable homes in the area. The house itself is below average in living area relative to the street and city, but it's essentially average for the neighbourhood—so if you're looking in Westdale, the size won't feel out of place.

The assessed value is above average for Westdale but around average citywide, reflecting the premium placed on the larger lot rather than the house. This is the kind of property that appeals to buyers who prioritize outdoor space, gardening, or room for additions over a large interior footprint. It would also suit someone willing to invest in a renovation or expansion, since the land gives you options that many homes in this price range don't. The year built is unremarkable for the area—right in line with the neighbourhood average—so no surprises there in terms of age.

Who it's for: Buyers who value land over square footage. People looking for a project or a home with expansion potential. Families who want a generous yard without leaving the city. Investors or homeowners who see long-term value in a large lot within a stable, above-average-value neighbourhood.

Frequently Asked Questions

1. How does the lot size compare to other homes nearby?
The lot is larger than most. On Rannock Avenue itself, it's below average (the street has several properties with over 9,000 sqft lots), but within Westdale it ranks in the top 10%, and citywide it's in the top 15%. So while it's not the biggest on its block, it's well above what's typical for the neighbourhood and the city.

2. Is the assessed value reasonable for this property?
The assessment of $369,000 is around average for the street (where the average is $409,500) and above average for Westdale (neighbourhood average is $307,400). Citywide, it's close to the $390,100 average. The value reflects the land more than the house, which is typical for properties with oversized lots in older established areas.

3. What are the possibilities for expanding the house?
With a 7,226 sqft lot, there's room for addition or redevelopment, subject to local zoning and setback rules. Many homes in this area with similar lot sizes have been expanded or renovated over time. The existing structure is 1,000 sqft, so there's potential to increase living space without sacrificing yard.

4. How does this home compare to others currently for sale in Westdale?
It's competitive for someone who wants land. Most homes in Westdale have lot sizes closer to 5,000 sqft, so this property stands out in that regard. The living area is modest for the area, but that also keeps the price accessible compared to larger homes on smaller lots. For a buyer looking to add value through renovation, it's a solid starting point.

5. Is the neighbourhood itself a good long-term bet?
Westdale shows above-average assessed values relative to the city, ranking in the top 14% of neighbourhoods. That suggests stable demand and perceived value. The area is established, with homes mostly built in the late 60s and early 70s, and the larger lots common in parts of Westdale give it a more spacious feel than some newer subdivisions.