About This Property – 114 Wordsworth Way
Key Characteristics & Who It Suits
This is a 1963-built home with 1,045 square feet of living space on a 5,563-square-foot lot. The living area is smaller than average compared to other homes on the same street, in the Westwood neighbourhood, and across Winnipeg—ranking in the bottom third locally. The lot is likewise on the smaller side for the street and area, though it lands closer to the norm city-wide. The assessed value sits near the median in all three comparisons, at $368,000, making it a fairly priced option relative to what’s around it. The home itself is slightly older than others on the street (ranking among the oldest 12% there), but in line with the broader neighbourhood and city averages.
The appeal here is less about standout square footage or a large yard and more about reliability and entry-level positioning. It’s a mid-century house with a value that’s “average” for its location, which often means fewer surprises come tax or resale time. The lower living area and smaller lot may put off buyers looking for space to grow into, but they also typically keep the purchase price and ongoing costs more manageable. This property would suit a first-time buyer, a small household, or an investor looking for a solid, unflashy asset in an established neighbourhood where comparisons with pricier neighbours won’t feel extreme. It’s not a home that “pops” on paper, but it’s also not overreaching—worth a look if stability matters more than bragging rights.
Five Possible FAQs
1. Why is the living area so much smaller than average for the street?
The home ranks 131st out of 138 on Wordsworth Way for square footage. That’s partly because the street includes a mix of larger mid-century and newer builds. This house is among the smaller original homes from the early 1960s, whereas some neighbours have been expanded or replaced with bigger structures. It’s not unusual for an older home on this street to be on the compact side.
2. Is a smaller lot a drawback or could it be a plus?
The lot is about 1,000 square feet smaller than the street average. For someone who doesn’t want a lot of yard maintenance, that’s a plus. But if gardening, outdoor entertaining, or future expansion plans matter, you’d want to check setback rules before committing. The lot is still more than half an acre in city terms—usable, just not generous.
3. How does the assessed value compare to what I might actually pay?
The assessed value of $368,000 is near the median for the street and slightly below the Westwood average. Assessed value isn’t the same as market price, but it gives a rough anchor. In a neighbourhood where homes often sell near their assessment, you’re unlikely to see wild overbidding here—but always check recent sale comparables on the same street.
4. The home was built in 1963—what should I watch for?
That’s typical for Westwood, but older than most on this particular street. Expect original or updated systems: wiring, plumbing, insulation, windows. The age rank (top 12% oldest on the street) means it may need more near-term upkeep than a 1990s house nearby. A thorough inspection is wise, especially for foundation and roof condition.
5. Who else tends to buy on this street?
Wordsworth Way has a mix of original owners, families, and some investors. Because the street has larger, newer homes mixed with older smaller ones, you get variety rather than a uniform block. This property specifically appeals to buyers who want to be in Westwood without paying a premium for a bigger house they don’t need.