8 Chiltern Place – Property Summary
Key Characteristics & Buyer Fit
This property stands out for its generous proportions on all fronts—both inside and out. The living area of 1,408 sqft places it in the top 8% on its street and top 3% within the Westdale neighbourhood, while the land size of 17,059 sqft ranks in the top 2% citywide. That combination of space is uncommon in a mature, established area like Westdale, where average lots are roughly a third the size.
The assessed value of $499,000 reflects its premium positioning, though it's worth noting that assessment does not always track market value linearly. The home was built in 1970, which places it slightly newer than the city average but typical for the immediate street. The overall picture is of a home that offers rare breathing room—both in terms of square footage and land—within a neighbourhood where most comparable properties are significantly smaller.
Appeal lies in the scarcity of large lots and top-tier living space within Westdale, combined with the stability of a well-established residential area. The property would suit buyers who value space over turnkey finishes—those willing to invest in updates or renovations to unlock the full potential of a large footprint. It may appeal less to someone looking for a modern, low-maintenance home in a newer subdivision, and more to someone who sees value in a solid 1970s structure on an exceptional piece of land.
Best suited for: families or individuals who want room to spread out, a deep garden or yard, and a location within a respected neighbourhood of Winnipeg. Also a strong candidate for anyone considering a long-term renovation project or a property with subdivision or development potential (subject to zoning review).
Five Possible FAQs
1. How does the assessed value compare to recent sale prices in Westdale?
The assessed value is a useful benchmark, but it's not a direct indicator of market price. In Westdale, homes with comparable land and living area are rare, so recent sales of similar-sized properties should be reviewed directly. It's worth consulting a local agent familiar with the area.
2. What is the condition of the home, given it was built in 1970?
No specific condition details are provided here, but a property of this age in Westdale may have original systems or finishes. A thorough home inspection is recommended to assess the roof, HVAC, windows, and plumbing. Buyers should budget for possible updates.
3. Does the large lot offer any development or subdivision potential?
The lot is well above average in size for the area, but whether it can be subdivided depends on current zoning, lot frontage, and city regulations. Buyers interested in this should check with Winnipeg's planning department before making any assumptions.
4. How do property taxes compare to similar homes in Winnipeg?
The assessed total of $499,000 places the property in the top 20% citywide, so taxes are above average. However, because this is a high-value lot with a relatively modest home for its land size, the ratio of tax to living area may differ from newer or more compact properties nearby.
5. Is this property a good fit for someone looking for a move-in-ready home?
Probably not, unless the buyer is comfortable with a 1970s-era home that likely requires some updating. The real strength of this property is its size and land—not necessarily its finishes. It's better suited to someone who sees long-term potential or has renovation experience.