123 Barron Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1,014 sqft single-family home built in 1965 on a 5,122 sqft lot in Winnipeg’s Westwood neighbourhood. The assessed value is $340,000.
Its main appeal is accessibility. The price sits noticeably below both the neighbourhood average ($392,100) and the citywide average for comparable homes ($390,100). For buyers looking to get into Westwood—a stable, established area—this property represents one of the more affordable entry points on the street and in the immediate area. The house itself is modest in size, and the lot is smaller than most nearby properties, which partly explains the lower price.
The home would best suit a buyer who prioritizes location and value over square footage or a large yard. First-time buyers, small families, or investors looking for a below-market entry in a middle-tier city block could find it practical. That said, the living area ranks near the bottom on Barron Drive (51 out of 54 homes), and the lot is among the smallest in the wider Westwood area (top 93% meaning it trails most neighbours). This isn't a home for someone who wants the largest floor plan or lot on the block—but if those trade-offs don't matter, the price may be worth a closer look.
Frequently Asked Questions
1. How does this home compare to others in Westwood?
It's below average in living area, lot size, and assessed value compared to nearby homes. The year built is in line with the neighbourhood average (1965–1966). In short: a smaller, more affordable property within an average-age housing stock.
2. Why is the assessed value lower than the city average?
Mainly because the living area (1,014 sqft) and land area (5,122 sqft) are both below the typical comparable home in Winnipeg, which averages about 1,342 sqft and 6,570 sqft respectively. Smaller homes on smaller lots generally carry lower assessments.
3. Is the house itself decent for its age?
The original build year is 1965, which is typical for the area. No condition or renovation details are included here, so an inspection would be essential. Many homes of this vintage in Westwood have been updated over the years, but that can't be assumed without a viewing.
4. What does "ranked 51 out of 54" on the street really mean?
It means this is one of the smaller homes on Barron Drive. There are only three homes on the street with less living area. For context, the street average is 1,232 sqft, so this property is about 18% smaller than the typical neighbour's home.
5. Is this a good option for a first-time buyer?
Potentially, yes. The asking assessment is below the citywide median for comparable homes, and Westwood is a long-established neighbourhood with decent access to amenities. The trade-off is a smaller-than-average home and lot—so it offers affordability without much room to grow unless you plan to renovate or build upward (subject to zoning).