8 Mosswood Place – Property Summary
Section 1: Key Characteristics & Ideal Buyer Profile
This is a 1975-built home with 770 square feet of living space on a 3,153-square-foot lot, located in Winnipeg’s Westdale neighborhood. The assessed value is $267,000.
The property’s main appeal lies in the age and character of the home itself, relative to its immediate surroundings. While the living area, lot size, and assessed value rank below average on its street, in its neighborhood, and citywide, the year built is a standout factor. On Mosswood Place, the average home was built in 1976—this one is comparable. But within the broader Westdale neighborhood, this property ranks in the top 3% for newer construction, meaning many surrounding homes are older. For a buyer who values a solidly built 1970s home over a larger or more expensive property, this offers a chance to own a relatively recent house in an established, older area.
This property would best suit a buyer who prioritizes location and manageable upkeep over square footage or a big yard. It’s not a fixer-upper opportunity for maximum space or a sprawling lot. Instead, it’s a practical, modest home for someone who wants to be in Westdale without paying a premium for a larger house. It could also appeal to a downsizer or a first-time buyer looking for a home with a decent build year that doesn’t require major structural updates right away.
Section 2: Five Possible FAQs
1. How does the size compare to other homes nearby?
Both the living area (770 sqft) and lot size (3,153 sqft) are well below the averages for this street, neighborhood, and city. On Mosswood Place, the average living area is 949 sqft, and the average lot is 5,360 sqft. This home is noticeably smaller in both respects than most of its immediate neighbors.
2. Is this property priced competitively for the area?
The assessed value of $267,000 is below the street average ($287k), below the neighborhood average ($307k), and significantly below the citywide average ($390k). It’s a budget-friendly option for homebuyers in Westdale, though the price reflects the smaller size and lot.
3. How old is the home, and is that considered good?
Built in 1975, it’s slightly newer than the street average (1976) and much newer than the typical Westdale home (mostly from 1971). Citywide, it’s roughly average for its category. It’s a solid age—well past major settling risks but not so old that it’s likely to have outdated foundations or wiring without having been updated.
4. What’s the neighborhood like, and does the ranking matter?
Westdale is an established neighborhood with older housing stock. The property’s rank for year built (top 3% in the neighborhood) is its strongest feature, meaning you’re buying a newer home within a classic area. However, its ranks for lot size and living space are low, so if you value a big yard or extra rooms, this might feel cramped compared to nearby houses.
5. Would this be a good investment for rental or resale?
Given its smaller size and lot, this property is unlikely to appreciate as quickly as larger homes in the same neighborhood. But its above-average build year in an older area could make it appealing to renters or buyers who want a move-in-ready home without the maintenance of a 1950s or 1960s house. It’s a conservative, low-risk choice rather than a high-gain flip.