16 Haultain Crescent – Property Summary
Key Characteristics & Buyer Profile
This 1964-built home in Winnipeg’s Westwood neighbourhood offers 1,220 sqft of living space on a 5,128 sqft lot. Its standout feature is assessed value: at $408,000, it ranks 4th out of 30 homes on the street (top 13%) and well above the street average of $366,500. While the land area is smaller than typical for the neighbourhood (ranking 88th percentile locally), the home itself is within a normal size range for the area. The year built is slightly earlier than the neighbourhood average of 1966.
The appeal here is less about square footage or lot size and more about value retention relative to neighbours. A buyer gets a home that has held or grown its assessed value better than most on the street, without paying a premium for a larger footprint. This suggests either recent upgrades, a desirable interior condition, or a location premium within the block. It would suit a buyer who prioritizes financial solidity over raw space—someone who wants a well-positioned asset in a stable, middle-aged neighbourhood rather than a fixer-upper with more land. First-time buyers looking for something move-in ready, or investors focused on long-term value, would find this property worth a closer look.
Frequently Asked Questions
1. How does the assessed value compare to the asking price?
The assessed value of $408,000 is a strong baseline, ranking top 13% on the street. Buyers should verify whether the asking price aligns with or exceeds this assessment, as a large gap may need justification (e.g., recent renovations not yet reflected in assessment data).
2. Is the smaller lot size a drawback?
It depends on your needs. The lot is below average for Westwood, but is still over 5,000 sqft—enough for a standard yard. If you want a large garden or plan to build an extension, this may feel tight. If you prefer lower maintenance, the smaller lot is actually a practical advantage.
3. What condition is a 1964 home typically in?
Homes from that era often have solid construction but may need updates to electrical, plumbing, insulation, or windows. The above-average assessed value suggests the current owner has maintained or improved it, but a home inspection is essential to confirm what’s been updated and what hasn’t.
4. How does this area compare to other parts of Winnipeg for resale?
Westwood is an established, mid-tier neighbourhood. The home sits near the citywide median for living area and land area, making it a “typical” Winnipeg property in terms of size. Its above-average assessed value locally suggests it may perform better than average on resale, but neighbourhood trends (schools, commuting, development) are worth researching.
5. What does the “neighbourhood analysis map” show?
The map allows side-by-side comparison with nearby homes on lot size, year built, living area, and assessed value. This is useful for spotting outliers: for instance, this home’s smaller lot but higher assessed value may stand out visually, helping you understand whether the value comes from the house itself or the immediate street location.