Key Characteristics & Buyer Fit
This is a 1,659-square-foot home built in 1969, located on Shakespeare Bay in the Westwood area. Its standout feature is its living space: on a street of 32 homes, it ranks 3rd for size (top 9%), and within the wider Westwood neighbourhood, it sits in the top 15% of over 2,500 properties. The assessed value of $424,000 is slightly above the local average but only modestly so in the city-wide context—ranking in the top third overall. The lot is a touch smaller than the street average at 6,011 square feet, placing it in the lower third on the block, but it’s right around the middle for the neighbourhood and city.
The appeal here is subtle. You’re not getting a showpiece lot or a recent build, but you are getting genuinely generous indoor square footage in a solid, mid-century neighbourhood where similar homes tend to be smaller. That extra space—roughly 180 square feet above the street average—is uncommon for this price bracket in this area. It would suit a buyer who prioritises interior livability over curb appeal or a big yard: someone who needs room for a growing family, a home office, or simply likes having breathing room without stretching into a pricier neighbourhood. It’s also a good fit for someone who values the stability of an established 1960s construction era over flashy updates, and who understands that a slightly smaller lot often means less maintenance.
Five Possible FAQs
1. How does this home compare to others on the same street?
It ranks 3rd out of 32 homes for living area, which is well above average. For land size, it’s 23rd—meaning the lot is smaller than most neighbours’. Its assessed value ranks 7th, just above the street average, and it’s the newest home on the block by a small margin.
2. Is the property priced fairly given its size?
The assessed value is $424,000, about $11,000 above the street average and $32,000 above the Westwood average. That premium lines up with the extra square footage—roughly 180 sq ft more than the street norm. On a city-wide scale, it’s close to the median assessed value, suggesting the asking is grounded in real comparables, not inflated.
3. What condition is a 1969 home likely to be in?
That depends entirely on updates. The build year itself is a neutral fact—not unusually old or new for the area. Buyers should budget for potential mid-century quirks: single-pane windows, original mechanicals, or outdated layouts. But many homes from this era have solid bones and can be updated gradually.
4. Why is the lot size ranked so low if it’s close to average city-wide?
Because the street itself has larger-than-average lots. The lot is 6,011 sq ft, which is about 465 sq ft smaller than the Shakespeare Bay average. On a block of 32 homes, that difference pushes it to the bottom third, even though it’s almost exactly average for Westwood and only slightly below the city norm. It’s a street-specific comparison, not a flaw.
5. How does Westwood compare to other Winnipeg neighbourhoods for resale value?
Westwood is an older, established suburb with stable demand, not a hot-growth area. That means prices tend to move steadily rather than spike. Homes here often appeal to buyers who want a quieter, more mature setting with decent schools and access to amenities. Resale is generally reliable, but you’re unlikely to see rapid appreciation unless the area sees new development or demographic shifts.