168 Carroll Road – Property Summary

Key Characteristics & Buyer Profile

This 1966-built home in Westwood offers 1,530 square feet of living space on a 6,191-square-foot lot. The property’s standout feature is its assessed value of $498,000, which ranks first on its street (top 2%) and among the top 8% in the neighbourhood. This is notably higher than both the street average of $377,300 and the neighbourhood average of $392,100, suggesting either significant upgrades, a desirable location within the area, or a combination of both.

The living area is slightly above average at every level—street, neighbourhood, and citywide—while the land area is above average on the street and citywide but merely average within the broader Westwood area. The year built aligns closely with neighbouring homes, meaning the property blends in rather than standing out by age.

This property would suit a buyer who values a well-positioned home in an established neighbourhood rather than a fixer-upper or a new build. The high assessed value relative to nearby homes might appeal to someone who sees existing quality and finish as a time-saver. It could also interest buyers planning to hold long-term, as the combination of solid living space and a lot that’s generous for the street—but not outsized for the area—tends to hold value in this part of Winnipeg. It is less suited for an investor looking for undervalued property or someone seeking a large corner lot.

Frequently Asked Questions

1. Why is the assessed value so much higher than other homes on the same street?
The assessed value ranks first out of 45 homes, with a $120,700 gap above the street average. This likely reflects recent renovations, a higher-quality finish, or more square footage than neighbors. Assessed value also considers location within the street and lot characteristics. A home inspection and a look at the property’s improvement history would clarify the reasons.

2. How does the living space compare to typical homes in Westwood?
At 1,530 square feet, the home is in the top 24% of the neighbourhood. The average in Westwood is 1,372 square feet, so this property offers roughly 12% more interior space than typical. This is noticeable but not extreme—enough to feel roomier without being unusually large for the area.

3. Is the land size considered small, large, or average for the area?
The lot is 6,191 square feet, which is above average on Carroll Road (top 22%) and citywide (top 27%), but it is actually slightly below the Westwood average of 6,491 square feet. This means the lot is generous for the immediate street but typical-to-modest for the wider neighbourhood. If outdoor space is a priority, the street-level ranking is more relevant than the neighbourhood figure.

4. What does the 1966 year of construction imply about the home’s condition?
Homes from the mid-1960s in this area are generally solidly built, often with features like brick exteriors and decent foundation quality. This property is not notably newer or older than its neighbours. Key things to check include electrical systems, windows, and roofing—these are often updated in homes of this era, but not always. The assessed value being high might suggest some of these have been addressed.

5. How does this property compare to others citywide?
Citywide, the home ranks in the top 29% for living area, top 20% for assessed value, top 27% for land area, and around the median for year built. It is a slightly above-average home across the board for Winnipeg, with the strongest relative advantage being its assessed value. This is not a luxury or standout property on a city scale, but it is well within the upper third of comparable homes.