203 Browning Boulevard – Property Summary

Key Characteristics & Buyer Suitability

This 1,140-square-foot bungalow, built in 1960, sits on a 6,072-square-foot lot in Winnipeg’s Westwood neighbourhood. The property is priced below both street and neighbourhood averages, with an assessed value of $322,000 compared to roughly $359,000 on the street and $392,000 in the wider area.

The appeal here is not about keeping up with the neighbours. The home’s living area and age place it among the smaller, older homes on Browning Boulevard—but its lot size tells a different story. Land area ranks in the top 41% on the street and top 29% citywide, meaning you’re getting a generous yard relative to many comparable properties in Winnipeg. For buyers who value outdoor space over square footage, or who see potential in a renovation or addition, this trade-off makes sense.

The home would suit:

• First-time buyers looking for an entry point in an established neighbourhood, where the lower assessed value keeps property taxes in check.
• Buyers interested in a project—someone comfortable with an older home’s maintenance realities and willing to invest in upgrades over time.
• Those prioritizing lot size—gardeners, families wanting yard space for kids or pets, or anyone who’d rather have room outside than a bigger living room.

It’s less suited to someone seeking a move-in-ready home with modern finishes or a basement suite potential, given the modest living area and older construction.

Frequently Asked Questions

1. How does this property compare to others on the same street?
On Browning Boulevard, this home is below average in living area (ranked 71 out of 87) and assessed value (79 out of 87), and older than most (built 1960 vs. a street average of 1963). Its lot size, however, is around average for the street—slightly above at 6,072 sqft versus the street’s 6,026 sqft average.

2. Is this considered a small lot for Winnipeg?
No. Citywide, this lot ranks in the top 29%—meaning it’s larger than about 71% of comparable homes across Winnipeg. In the Westwood neighbourhood, it’s closer to the middle of the pack (top 45%).

3. Why is the assessed value lower than the street and neighbourhood averages?
The lower value reflects the home’s smaller living area and older construction relative to nearby properties. Homes on Browning Boulevard and in Westwood tend to be bigger and newer, which pushes their averages higher. At $322,000, this property is priced accordingly.

4. What does “ranked top 56% citywide for living area” mean?
It means this home’s 1,140 sqft is slightly smaller than the typical comparable home in Winnipeg (which averages 1,342 sqft), but not dramatically so. It falls in the middle range—not unusually small, not spacious.

5. How should I evaluate the year built?
Built in 1960, this home is older than most in Westwood (where the average build is 1966) and slightly older than the average on its own street (1963). Buyers should factor in typical 60s-era considerations: older electrical, plumbing, insulation, and potential for lead paint or asbestos in finishes. A thorough home inspection is advisable, particularly for systems and foundations.