117 Wordsworth Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1,078 sqft bungalow built in 1963, sitting on a 5,875 sqft lot in Winnipeg’s Westwood neighbourhood. What stands out most is the lot size: it’s slightly smaller than the street and neighbourhood average, but in the broader city context, it ranks in the top 35% – meaning you’re getting more ground than many comparable Winnipeg homes. The assessed value of $356,000 is below both the street ($371,100) and neighbourhood ($392,100) averages, which is a practical entry point for the area. The home’s age (1963) puts it among the older houses on the street (top 12%), but it’s right in line with the neighbourhood and city averages. The living area is noticeably tighter than the street and neighbourhood norms – roughly 200 sqft less – so anyone used to newer, more spacious layouts should pay attention to the floor plan’s actual flow rather than just the square footage.
The appeal here is pragmatic, not flashy. It’s a solid, value-conscious option for someone who values lot size over interior square footage, or who sees potential in updating a home that’s priced below area benchmarks. The property would suit a buyer looking for a single-family house in a well-established Winnipeg neighbourhood without paying a premium for the most modern finishes. It’s also a candidate for someone willing to invest in renovations to bring the living space up to par with the land’s potential. On the flip side, it’s less suited for anyone who expects move-in-ready spaciousness or who prioritizes a newer build without compromise.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
The home’s $356,000 assessed value is below the street average of $371,100 and the neighbourhood average of $392,100. It’s around the citywide median for comparable properties. That means you’re paying less than many nearby homes, but it also reflects the smaller living area.
2. Is the lot size unusual for this property?
Not especially for the street – it’s ranked 97th out of 138, so slightly below average there. But citywide, it’s in the top third for lot size relative to similar homes. So it’s a decent-sized lot for a Winnipeg bungalow, just not oversized for Westwood specifically.
3. Why is the living area below average if the house is from 1963?
Many homes from that era on Wordsworth Way were built with similar or slightly larger footprints. The 1,078 sqft is on the smaller end for this street, which might mean it’s a more compact bungalow design. It could still feel larger than the number suggests if the layout is efficient, so visiting in person is worthwhile.
4. What does the age of the home (1963) mean for maintenance?
At over 60 years old, you’re looking at typical older-home considerations: possibly original mechanicals, windows, or roofing. But because it’s older than most on the street, it might also have had more updates over the decades. The age rank (top 12% oldest on the street) suggests it’s one of the original builds in this block.
5. Is this property a good fit for a first-time buyer?
Potentially, especially if the budget is tight for this neighbourhood. The lower assessed value and smaller interior keep the price accessible. But first-time buyers should factor in possible renovation costs, since the living space is below average and the age suggests some updates may be needed sooner than later.