Key Characteristics & Buyer Profile
This is a 1965-built single-family home with 1,259 square feet of living space on a 7,349-square-foot lot. The standout feature is the lot size: it ranks 3rd out of 19 homes on its street, and in the top 15% for both the Westwood neighbourhood and Winnipeg overall. That’s a genuinely generous piece of land for the area, which gives it more flexibility than many comparable properties.
The living area is close to the average for its street, neighbourhood, and city. It’s not large by current standards, but consistent with many mid-century homes in established Winnipeg neighbourhoods. The property’s assessed value of $419,000 sits slightly above the local average and in the top third of the city. That points to a property that holds its own relative to its surroundings.
The appeal here isn't a fully renovated showpiece. It’s the combination of a good-sized lot, a solid 1960s build that holds its own against comparable homes, and a location in a stable, middle-ranked neighbourhood. This would suit buyers who prioritize outdoor space over a large interior, or who are open to updating a home that’s structurally sound but maybe not turnkey. It’s also a good fit for someone who values long-term potential—site coverage, garage additions, or garden space are all plausible here.
Five Possible FAQs
1. How does the property compare to others in Westwood?
It sits in the middle of the pack for living area and construction year, but well above average for lot size and assessed value. In a neighbourhood of roughly 2,500 homes, it ranks in the top 15–23% for lot and valuation, while the living space is just under the midpoint.
2. Is the assessed value of $419,000 a reliable indicator of market price?
Assessments are based on municipal valuations, not current market conditions, so they can lag behind or lead depending on the area. Here, the property is above average for its street and neighbourhood, but buyers should still compare recent sale prices in Westwood for a clearer picture.
3. Why is the lot size more noteworthy than the living area?
The lot ranks in the top 3 on this street and the top 14% citywide, while the living area is basically average. For buyers who value yard space, privacy, or room for expansion, the lot is the asset to focus on. For those who need maximum interior square footage, this is less of a standout.
4. What does “1965” mean in terms of build quality and updates?
The year alone doesn’t tell you about renovations. Many 1960s homes have been substantially updated; some haven’t. The listing doesn’t specify, so a buyer should confirm whether mechanicals, roof, windows, and insulation have been addressed. The build year is average for the neighbourhood, meaning it’s not unusually old or new for the area.
5. Who would this home not suit?
It’s probably not ideal for someone wanting a large open-plan interior with modern finishes from the start, or for a buyer seeking a small, low-maintenance lot. The land is sizable, so upkeep is a factor. If interior square footage is the top priority, there are better options nearby.