15 Browning Boulevard – Property Summary
Key Characteristics & Buyer Fit
This is a 1,221 sqft home built in 1964 on a 5,665 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $389,000.
What stands out here is not the property itself, but how it sits relative to its immediate street. On Browning Boulevard, this home ranks in the top 14% for assessed value and top 25% for age (newer than average), yet its living area is merely average and its lot size is below average for the street. This suggests the value is being driven by something other than square footage or land—likely updates, condition, or interior quality that aren’t captured in the raw data.
The appeal is more about relative positioning than absolute specs. A buyer gets a home that is more valuable than most of its direct neighbours, which can be a good sign for resale if the street itself is stable or improving. It’s not a standout in the wider neighbourhood or city—it ranks around the middle in both living area and assessed value at those levels.
This property would suit a buyer who values a solid, mid-range home in a decent location and is less concerned with a large yard or extra interior space. It might also appeal to someone who wants to be on a street where their home is one of the better-valued properties, rather than one that needs catching up. Investors or flippers might notice the value gap between the street and neighbourhood rankings—there could be room to increase value further if the home is not already updated.
Frequently Asked Questions
1. Why is the assessed value high for the street but only average for the neighbourhood?
The home ranks in the top 14% on Browning Boulevard, where the average assessed value is $359K. But in the broader Westwood neighbourhood, the average is $392K—so this home is closer to the neighbourhood norm. That means it’s a stronger property relative to its immediate street, but not exceptional for the area overall.
2. The lot is smaller than average. Is that a problem?
It depends on your needs. At 5,665 sqft, it’s smaller than the street average (6,026 sqft) and well below the city average (6,570 sqft). If you want a large yard, this isn’t it. But if you prefer lower maintenance and aren’t planning additions that require more land, it’s fine. The smaller lot may also be one reason the home is more affordable than larger-lot neighbours.
3. Is this a good investment property?
Possibly, but not obviously. The assessed value is already above street average, so the easy gains from being the worst house on a good street may not apply. However, if the home is dated and can be updated, the neighbourhood average of $392K suggests there’s some headroom. Check the actual condition before assuming.
4. How does the 1964 build hold up compared to newer homes?
It’s older than the neighbourhood average (1966) and city average (1966), but on its own street, it’s newer than many neighbours (average 1963). A 1964 build is typical for Westwood—many homes from that era are solid but may need updates to mechanicals, windows, or insulation. It’s not unusually old, but don’t expect modern energy efficiency without checking.
5. What does “around average” actually mean in these rankings?
The data compares this home to a pool of “comparable homes” within each scope. “Around average” means it falls in the middle 40–60% range. For example, citywide it ranks in the top 48% for living area—so it’s slightly above the middle, but not meaningfully different from the typical home. The bar charts show how many peers it outperforms, not raw percentiles. Always look at the actual averages provided for context.