168 Rouge Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,536-square-foot home built in 1967 on a 5,636-square-foot lot in Winnipeg’s Westwood neighbourhood. Its standout feature is value relative to size: the living area ranks in the top 11% on the street and top 23% in the area, while the assessed value ($436,000) sits in the top 7% on the street—meaning you’re getting notably more space than typical nearby homes for a price that’s still competitive within the broader city. The land, however, is slightly smaller than the neighbourhood average, so the house sits on a tighter lot than some Westwood peers.
The appeal is twofold. First, the property offers above-average square footage without the premium you’d expect for that size, likely because the house is from the mid-1960s and hasn’t been updated to a level that would push its value higher relative to newer builds. Second, the street-level rankings suggest this is a strong performer within its immediate block—useful if resale or long-term equity matters more than having the newest finishes. It would suit a buyer who values floor plan and livable space over curb appeal or a large yard, and who is comfortable with a home that may need cosmetic updates but doesn’t require structural rethinking. It’s less ideal for someone seeking a move-in-ready showpiece or a large outdoor area for kids or gardening.
Five FAQs
1. How does the assessed value compare to similar homes in the area?
It’s above average on the street (top 7%) and in the neighbourhood (top 19%), but right around the citywide average. This suggests the home’s value is driven more by its local street performance than by metro-wide demand.
2. Is the lot size a limitation?
It’s slightly above average for Rouge Road itself (5,636 sqft vs. 5,481 avg), but noticeably smaller than the Westwood average of 6,491 sqft. If you expect a typical suburban lot depth, this will feel compact.
3. What does “top 11% for living area” actually mean on this street?
It means only about 14 of the 125 homes on Rouge Road have more square footage. For a street of mostly similar-era homes, this property offers considerably more indoor space than most.
4. How old are the major systems likely to be?
Built in 1967, the home is 57 years old. Systems like electrical, plumbing, and the roof may be original or have been replaced at some point—worth confirming during an inspection. The year-built ranking (top 30% on the street) suggests a few homes are newer, but most are close to this vintage.
5. How reliable are these rankings and averages?
They’re based on city assessment data and comparable home groupings, so they’re solid for relative comparison. But “average” here is a rough median for similar properties—not a precise valuation tool. The main takeaway: this home ranks well on space and value within its immediate area, less so on lot size within the broader neighbourhood.