Property Overview
215 Whitegates Crescent is a well-maintained one-storey home in the established Westwood neighbourhood. Built in 1966, it sits on a generous 5,668 sqft lot and features 1,404 sqft of living space, an attached garage, and a renovated basement. The home sold most recently in September 2023 for $430,000.
Key Characteristics & Appeal
This property’s primary appeal lies in its balance of space, updates, and location. The renovated basement adds valuable finished living area, while the above-average lot size offers room for gardening, play, or expansion. Its recent sale price significantly above the assessed value suggests the market recognizes upgrades or desirability not captured in the official valuation.
It ranks consistently above average for its street and neighbourhood in categories like living area and lot size, indicating it’s a larger offering within this mature area. The home suits buyers looking for a move-in ready, single-level layout in a quiet, established community. It would particularly appeal to those who value private outdoor space and the potential of a finished basement, without taking on a full renovation project. A thoughtful perspective is that while the home is 60 years old, its above-average rankings for lot and living space compared to nearby properties provide a relative scarcity value in an area where new construction is unlikely.
Frequently Asked Questions
1. What does a "renovated basement" typically include?
While specifics should be verified, a renovated basement in a home of this era usually means it has been finished into a livable space, potentially including areas like a family room, bedroom, or bathroom, with proper flooring, walls, and ceilings.
2. The 2023 sale price is much higher than the assessed value. Why?
Assessed value is for municipal tax purposes and often lags behind the current market. The sale price reflects what a buyer recently paid, considering factors like the home’s condition, updates, lot size, and market demand at that time.
3. Is the house smaller or larger than others nearby?
At 1,404 sqft, this home has more living space than 73% of houses on its street and 65% in Westwood, making it a larger option in the area.
4. What is the neighbourhood like?
Westwood is a mature, residential neighbourhood in Winnipeg. The property rankings show it is a stable area with homes primarily from the 1960s, offering a mix of original and updated properties.
5. How does the lot size compare?
The 5,668 sqft lot is larger than average, ranking in the top 53% on its street and top 37% in the neighbourhood. This is a notable feature for outdoor space and privacy.