179 Carroll Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,076 sqft bungalow built in 1967 on a 5,659 sqft lot, in Winnipeg’s Westwood neighbourhood. Its assessed value is $341,000.
What stands out: the house is newer than most on its street and in the neighbourhood—ranked in the top 27% locally by year built. But the living area is smaller than average, both on the street (where the average is 1,353 sqft) and in the wider area. The lot is close to the neighbourhood average, though slightly below. Assessed value is below street and neighbourhood averages, but sits around the citywide midpoint.
The appeal here is subtle. You’re getting a newer build relative to neighbouring homes, which may mean fewer major system replacements (roof, furnace, etc.) than an older house on the same street. The smaller living area could be a drawback for some, but it also means lower utility costs and potentially less upkeep. The assessed value is modest for the area, which might keep property taxes in check.
This property would suit a first-time buyer, a small family, or someone downsizing who wants a solid, newer-era bungalow without paying for space they don't need. It's less suited to buyers seeking a large home or a lot with room to expand—the land is average-sized at best, and the house itself is on the compact side.
Five Possible FAQs
1. How does the living area compare to other homes in Westwood?
It's below average for the neighbourhood. The property ranks in the bottom 13% by living area in Westwood, where the typical comparable home is around 1,372 sqft. You're getting about 300 fewer square feet than the norm.
2. Is the assessed value likely to go up?
The $341,000 assessment is below both street and neighbourhood averages. Whether it rises depends on market conditions and any renovations. But because it's already priced lower than many nearby homes, there could be room for growth if the market strengthens, though nothing is guaranteed.
3. What's the advantage of a house built in 1967 versus an older bungalow?
Homes from the late 1960s often have updated electrical, better insulation, and newer plumbing than post-war builds from the 1940s and 1950s. This one ranks in the top 27% on its street for build year, meaning it's likely more modern in construction than many of its neighbours—potentially fewer surprises in terms of structural or mechanical issues.
4. Is the lot big enough for a garage addition or extension?
At 5,659 sqft, the lot is slightly smaller than the street average (5,950 sqft) and well below the neighbourhood average (6,491 sqft). Adding a garage or a significant addition would likely require careful planning and possibly a variance. It's not a large lot, so any expansion would be tight.
5. Why is the assessed value lower than the neighbourhood average, but the year built is higher?
A newer build typically supports a higher assessment, but that's offset by the smaller living area and the average-sized lot. The city's assessment model weighs all these factors together. So while the house is newer, it's also smaller and on a slightly smaller lot, which pulls the overall value down compared to larger, older homes in Westwood.