113 Wordsworth Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1,258 sqft home built in 1963, sitting on a 5,665 sqft lot. The assessed value is $352,000.
What stands out here is the balance across key metrics. The living area is essentially average for the street, neighbourhood (Westwood), and city of Winnipeg. The year built is slightly above average for the street—ranked in the top 12%—but sits right around the neighbourhood and city norm. The assessed value is below the street, neighbourhood, and city averages, which could reflect a property that hasn’t been updated as recently as some neighbours, or simply a more modest finish relative to the area.
The lot is the one clear trade-off. At 5,665 sqft, it’s below average for Wordsworth Way (ranked in the bottom 81%), though it sits closer to the neighbourhood and city medians. That means less yard maintenance but also less outdoor space compared to many homes on the same block.
This property would suit a buyer who wants an established, middle-of-the-road home in a settled neighbourhood—someone who isn’t looking for a standout feature but values predictability and a reasonable entry point relative to the street. It may also appeal to someone who prioritizes location over lot size, or who prefers a manageable yard. Buyers planning renovations could see upside if the lower assessed value reflects cosmetic rather than structural age.
Frequently Asked Questions
1. How does this property compare to others on Wordsworth Way?
It’s in the middle of the pack for living area and assessed value, and slightly older than most homes on the street (though by only a year or two). The lot is smaller than average for the street. In short, it’s a fairly typical home for the area, with the main difference being a more compact yard.
2. Is the assessed value low because the home needs work?
Not necessarily. The assessed value sits below the street, neighbourhood, and city averages, but the home is also older and on a smaller lot—both factors that lower assessed value. It could reflect a home that’s been maintained but not upgraded, but there’s no indication here of structural issues. A home inspection would clarify.
3. What is the lot size like in practical terms?
At 5,665 sqft, it’s a standard city lot in Winnipeg, though smaller than many on Wordsworth Way. You’ll have a modest backyard, likely suitable for a garden, small play structure, or patio, but not for a large lawn or expansion. If you want space for a workshop, large shed, or extensive landscaping, this lot may feel tight.
4. Is the neighbourhood (Westwood) desirable?
Westwood is an established, primarily residential area with a mix of post-war and newer homes. It’s not a trendy or up-and-coming neighbourhood, but it’s stable, with decent access to amenities. The home’s ranking in the middle of the neighbourhood for living area and value suggests it fits squarely into the local market without standing out as either a bargain or a premium property.
5. How does the year built (1963) affect maintenance expectations?
A home from 1963 is now over 60 years old. You should expect aging systems: likely original or replaced plumbing, electrical, and HVAC depending on prior updates. The structure itself is from a solid era of construction, but windows, insulation, and roofing are common replacement items. If you’re not familiar with older homes, budget for a thorough inspection and potential near-term upgrades.