282 Whitegates Crescent – Property Summary
Key Characteristics & Buyer Profile
This is a 1,096 sqft home built in 1965 on a 5,608 sqft lot, with an assessed value of $347,000. It’s located in Winnipeg’s Westwood neighbourhood. Relative to other homes on Whitegates Crescent, the living area and assessed value sit below average, but both are roughly in line with citywide norms. The lot size is similarly around average for the street and neighbourhood, though it’s smaller than typical citywide lots.
The appeal here is straightforward: it’s a modest, mid-century home in an established area, with no extreme highs or lows in the data. It doesn’t stand out for size or value, but it also doesn’t underperform dramatically against the broader market. This makes it a practical option for buyers who want a functional home in a settled neighbourhood without paying a premium for standout metrics.
Best suited for first-time buyers looking to get into a solid, average-condition property, or for investors seeking a lower-entry-cost property in a stable area. It’s less ideal for someone who wants above-average square footage, a large lot, or a newer build. The home’s characteristics suggest it’s a “good bones” property—functional but likely needing updates or personalization over time.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
Below average on the street and in the neighbourhood, but right around the citywide median. At 1,096 sqft, it’s about 200 sqft smaller than the typical Westwood home.
2. Is the assessed value in line with the market?
It’s below the street and neighbourhood averages, so property taxes should be relatively modest. The citywide rank (top 55%) suggests it’s a moderately affordable option in the broader Winnipeg context.
3. What’s the lot like relative to others in the area?
The 5,608 sqft lot is slightly smaller than the street average and noticeably smaller than the citywide average. It’s a compact urban lot, typical for older homes. Buyers wanting a large yard may find it tight.
4. How old is the house, and does that affect its rank?
Built in 1965, it’s around average age compared to other homes in Winnipeg and on the street. It’s not unusually old or new—expect typical mid-century construction (possible knob-and-tube wiring, cast iron drains, or aluminum windows that may need addressing).
5. Would this property be a good candidate for redevelopment?
Potentially, but not immediately. The lot is below average size for the area, which limits subdivision or infill potential. It’s more suited to renovation or holding than a quick tear-down and rebuild.