11 Coleridge Park Drive – Property Summary
Key Characteristics & Ideal Buyer
This is a 2,114 sqft home built in 1970, sitting on an 8,531 sqft lot in Winnipeg’s Westwood neighbourhood. Its appeal lies in being notably larger than neighbouring homes and most citywide comparables—the living area ranks in the top 4% of its neighbourhood and top 8% citywide. The lot also sits in the top 10% citywide, so you’re getting genuinely above-average indoor and outdoor space.
The assessed value is $493,000. This is higher than the neighbourhood average ($392,100) and citywide average ($390,100), but lower than the average on Coleridge Park Drive itself ($580,400). So while the property is priced above typical homes in the area, it isn’t the most expensive on its street. That creates a quieter value proposition: you get premium space without the top-tier price tag relative to immediate neighbours.
The home is slightly older than others on the street (1970 vs. a 1972 average) but newer than much of Westwood (neighbourhood average is 1966). This suggests a solid, established build in a mature area, not a fixer-upper nor a brand-new construction.
This property would suit buyers who want physical room—both indoors and outdoors—and are willing to pay above the local median to get it. It’s less suited for someone looking for a bargain at neighbourhood entry-level pricing, or someone who prioritizes being the newest or most modern home on the block. It’s a good fit for families wanting extra square footage in a well-ranked Winnipeg school catchment (Westwood is known for its schools), or for a buyer who values a large lot for gardening, additions, or simply breathing room.
Five Possible FAQs
1. How does the lot size compare to other homes in the area?
The lot is 8,531 sqft. That’s larger than the Westwood neighbourhood average of 6,491 sqft (top 8%) and bigger than 90% of comparable citywide lots. On Coleridge Park Drive specifically, it’s about average—the street average is 9,143 sqft. So you’re getting a lot that stands out in the broader neighbourhood but fits in on its street.
2. Is the assessed value high for what you get?
It’s $493,000. That’s above the neighbourhood average of $392,100 and the city average of $390,100, but below the street average of $580,400. So you’re paying more than most houses in Westwood, but significantly less than many houses on this road. The value is in the size—you’re getting a top-4% living area and top-8% lot without paying the street’s top price.
3. Why is the house ranked high for living area but only “around average” on its street?
Because Coleridge Park Drive itself has many larger-than-normal homes. Your 2,114 sqft is very large compared to Westwood’s typical 1,372 sqft, but on this street, some homes are even bigger (average is 1,990 sqft). So you rank strongly against the city and neighbourhood, but blend in a bit more on your own block. This isn’t a flaw—it means the street generally has premium properties.
4. How old is the house, and does that affect its ranking?
Built in 1970, it’s two years younger than the street average (1972) and four years newer than the neighbourhood average (1966). Citywide, it’s right at the median. So it’s not old by Westwood standards, but it’s also not the newest home on the street. You’d want to budget for typical 1970s-era maintenance (roof, windows, mechanicals) if those haven’t been updated.
5. What’s the neighbourhood like in terms of property values?
Westwood shows strong, consistent value. Home assessments here rank in the top 9% citywide, meaning prices are generally higher than most Winnipeg neighbourhoods. The street itself is more varied—this home is in the lower two-thirds of Coleridge Park Drive by value. That can be a plus: you benefit from the area’s desirability without being one of the most expensive listings, which can make resale easier. The neighbourhood is known for being family-oriented, with good park access and a reputation for stable property growth.