171 Rouge Road – Property Summary
Key Characteristics & Buyer Profile
This 1,215 sqft single-family home in Winnipeg’s Westwood neighbourhood was built in 1974 and sits on a 6,296 sqft lot. Its assessed value is $394,000.
What stands out here is the year built. At 1974, it’s the newest house on its street (top 1%) and among the newest in the broader Westwood area (top 3%). That’s unusual for a neighbourhood where the typical home dates to the mid-1960s. For buyers, this means newer construction relative to nearby houses—potentially fewer immediate updates to electrical, plumbing, or roofing than a 1960s property might need.
The lot is also a plus. At just over 6,200 sqft, it ranks in the top 25% citywide and top 9% on its street, offering more outdoor space than most neighbours. The living area is about average locally and citywide, so the interior isn’t unusually tight or spacious for its price point.
The assessed value ($394K) sits above the street average ($351.5K) but roughly in line with the neighbourhood and city medians. This suggests the home is priced for its relative newness and lot size rather than square footage alone.
Who it suits: Buyers who want a newer home in an older, established area—without paying a premium for a completely modern build. Also suited to someone who values yard space and doesn’t need a sprawling interior. Less ideal for anyone seeking maximum square footage for the money.
Five Possible FAQs
1. How does this home compare to others on Rouge Road?
It’s the newest house on the street and has one of the larger lots (top 9%). The assessed value is also above average for the street, reflecting those advantages. Living area is close to the street average.
2. Is the $394k assessed value likely accurate for resale?
Assessed value is a benchmark, not a guarantee. It’s in line with neighbourhood and city medians, so it’s not an obvious outlier. Actual sale price will depend on condition, renovations, and market timing.
3. What does “Top 1% for year built” actually mean here?
Out of 125 comparable homes on Rouge Road, this one is the newest. In the Westwood neighbourhood, it ranks 71st out of 2,523. That’s rare for a 1974 home—most in the area are from the ’60s or earlier.
4. Is 1,215 sqft small for a three-bedroom?
It’s slightly below the city average for comparable homes (1,342 sqft) but not unusually small. Many homes of this era in Winnipeg are in the 1,100–1,300 range. It depends on layout—open plans can feel larger than the number suggests.
5. What’s the catch with a newer home on an older street?
The home itself may need less structural updating, but the street and neighbourhood likely have older infrastructure (roads, sewers, sidewalks). Also, “newer” here is still 50 years old, so mechanical systems (furnace, roof, windows) may or may not have been updated—worth verifying.