147 Rouge Road – Property Summary
Section 1: Key Characteristics & Buyer Profile
This is a 1969-built home with 1,115 sqft of living space on a 5,980 sqft lot. The key point here is context: the property is just below average in size compared to others on its own street and within the Westwood neighbourhood, but its lot is notably larger than most homes on Rouge Road—ranking in the top 19% locally. The assessed value sits at $338,000, which is close to the street average but significantly below the neighbourhood and city medians.
The appeal is practical rather than flashy. You’re getting a home that’s newer than many others in the area (built in 1969, which ranks in the top 8% of Westwood) with a generous yard. The living space is modest by local standards, which makes the property feel more “honest” than overstated—no wasted square footage, but also not cramped. The price reflects that: it’s priced below neighbourhood norms, which could be a good fit for a buyer who values outdoor space and a newer build over interior size.
This property suits buyers who are willing to trade a bit of living area for a better lot and a more recent construction year. It would work well for someone looking to get into Westwood without stretching too far budget-wise, or for a buyer who might consider a small addition or renovation to bring the interior size up to par with the lot. It’s less ideal for someone who needs maximum square footage or expects a home that’s already “move-in perfect” in terms of space.
Section 2: Five Possible FAQs
1. How does the living space compare to other homes nearby?
It’s smaller than average. On Rouge Road, it’s in the bottom quarter of homes (ranked 93rd out of 125), and in Westwood it’s in the bottom 21%. The city-wide average is 1,342 sqft, so this home is about 17% smaller than a typical Winnipeg house.
2. Is the lot size a strong selling point?
Yes, especially relative to the street. The lot is 5,980 sqft, which puts it in the top 19% of Rouge Road properties and above the street average of 5,481 sqft. It’s close to the neighbourhood average overall, meaning you get a better-than-usual yard for the street but not an unusually large lot for Westwood.
3. Why is the assessed value lower than the neighbourhood average?
The assessment reflects the combination of a smaller living area and a lot that’s only average for the community. The home is worth $338,000, which is below the Westwood average of $392,000. Buyers often view this as an opportunity to get into the area at a lower price point, but it also signals that the home may need updates or lacks the square footage that typically commands higher values nearby.
4. What’s the significance of the 1969 construction date?
It’s newer than most homes in the area—ranked 6th on the street and in the top 8% of Westwood. For a neighbourhood where the average build year is 1966, a 1969 home is a marginal but real advantage. It might mean slightly better construction standards, fewer major system replacements needed, or simply a more modern layout. It’s not a brand-new home, but it’s newer than the vast majority of its neighbours.
5. Is this home a good investment?
That depends on your goals. If you’re looking for a home that’s already at the top of its market, this isn’t it. But if you see value in a property with a strong lot, a relatively recent build, and a price that’s below neighbourhood averages, there’s room for appreciation—especially if you’re able to improve the interior or add square footage. It’s a solid entry point into Westwood without competing at the higher end.