This is a 1,170-square-foot home built in 1970 on a 3,150-square-foot lot in Winnipeg’s Westdale neighborhood. Its standout feature is the living area: at 1,170 sqft, it ranks in the top 13% on its street and top 16% in the neighborhood—meaning it offers more interior space than most nearby homes. The assessed value is $253,000, which sits around average for the street but well below both the neighborhood average ($307,400) and citywide average ($390,100). The land area is modest for the area: smaller than 87% of neighborhood properties and 86% citywide.
The appeal here is balance: you get a home with above-average living space at a below-average price point for the neighborhood. It’s not a fixer-upper nor a premium property—it’s a solid middle-ground house in a decent location. This would suit a buyer who values interior square footage over lot size and is comfortable with a home that’s not the newest or most expensive on the block. It might be a good fit for someone downsizing, a first-time buyer looking for a practical price-to-space ratio, or an investor seeking a rental with attractive interior dimensions in an established area.
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The assessed value is below the neighborhood average—does that mean the house is in poor condition?
Not necessarily. Assessed value reflects market trends for the area, and this home is smaller on land and possibly older than many Westdale properties. It could be in fine shape but simply lacks the large lot or higher-end finishes that push neighboring values up. A home inspection would give a clearer picture.
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The land area is much smaller than typical for Westdale. Is that a drawback?
It depends on your priorities. If you want a big yard for gardening or kids, this lot may feel tight. But smaller lots often mean less maintenance and lower property taxes. The trade-off is more living space inside—which is above average for the street.
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How reliable are these rankings and averages?
They’re based on comparable homes in the same scope (street, neighborhood, city). They use a rough median benchmark, so they give a general sense of where this property stands, not an exact market appraisal. They’re useful for comparison but shouldn’t replace a professional valuation.
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Is this a good investment property?
Possibly. The living area is strong relative to the assessed value, which could appeal to tenants looking for space without a high rent. But the smaller lot and below-average assessed value in a higher-value neighborhood mean you’re not betting on major land appreciation. It’s more of a steady, cash-flow play than a flip.
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How does the 1970 build hold up compared to newer homes?
It’s older than the citywide average (1966) but newer than most on its street. A 1970s home is likely to have solid construction but may need updates to insulation, windows, or mechanicals. The ranking is around average for the neighborhood and city, so it’s not unusually dated—just not brand new.