149 Raquette Street – Property Summary
Key Characteristics & Buyer Profile
This 1,482 sq ft home, built in 1965, sits on a 5,122 sq ft lot in Winnipeg’s Westwood neighbourhood. Its standout feature is living space: on its own street, it ranks in the top 6% for size, well above the street average of 1,197 sq ft. That’s a genuine advantage over neighbouring properties. Citywide, it’s roughly average for living area, so you’re getting more interior room than many homes on the same block without exceeding typical city norms.
Where the property doesn’t shine is land. The lot is below average for both the street and neighbourhood—ranking in the bottom quarter locally and bottom 10% for Westwood. The assessed value of $337k is around the street average but sits notably below the neighbourhood average of $392k, which suggests the home is priced more modestly than many nearby houses. The year built (1965) is slightly newer than the street average but in line with the neighbourhood and city.
The appeal here is practical rather than flashy. A buyer gets a larger-than-usual interior on a smaller lot—meaning less yard maintenance, more living space inside. That trade-off suits someone who prioritises interior comfort over outdoor space. The lower assessed value relative to the neighbourhood could also appeal to buyers looking for a more affordable entry into Westwood, especially if they’re willing to update or personalise. It’s less suited for someone wanting a big garden, a garage workshop, or a lot that stands out.
Who it suits: First-time buyers or downsizers who want a solid, above-average interior without paying a premium for land. Also practical for investors looking for a modest lot with a larger-than-average floor plan in an established area.
Frequently Asked Questions
1. How does the living area compare to other homes in Westwood?
Above average. The home ranks 724th out of 2,523 properties in the neighbourhood (top 29%), with the average Westwood home being 1,372 sq ft. So this house has about 110 more square feet than the typical neighbour.
2. Why is the assessed value lower than the neighbourhood average?
Assessed value reflects market conditions and property characteristics. At $337k, it’s about $55k below the Westwood average of $392k. This likely relates to the smaller lot size and possibly fewer updates compared to nearby homes. It’s not a sign of poor quality—just a different balance of features.
3. What’s the lot actually like?
At 5,122 sq ft, it’s smaller than most. It ranks 2,359th out of 2,523 in Westwood (bottom 10%). If you want a big backyard for kids or gardening, this lot will feel tight. But for low-maintenance outdoor space, it’s manageable.
4. Is the house old or in need of updates?
Built in 1965, so it’s nearly 60 years old. That’s typical for the neighbourhood (average build year is 1966). Without a current inspection, you should expect systems (roof, furnace, windows) may be original or approaching replacement. The value suggests it’s not a fully renovated property, but it’s also not unusually old for the area.
5. How does this home compare to others on Raquette Street specifically?
Very favourable for living area (top 6%) and slightly newer than average (built 1965 vs. street average of 1963). Land is below average (76th percentile), and assessed value is around the street median. So you get more interior space than most neighbours, but on a smaller lot and at a similar price point.