283 Sansome Avenue – Property Summary
Key Characteristics & Who It Suits
This is a 1965 bungalow-style house with 1,113 square feet of living space on a 5,632-square-foot lot. Its standout feature is the assessed value: at $387,000, it ranks in the top 19% on Sansome Avenue, well above the street average of $356,200. That suggests the home has held or gained value relative to its immediate neighbours. The living area, meanwhile, is below the street and neighbourhood averages—so you're getting less square footage than most comparable homes, but at a valuation that punches above its size.
Land area is unremarkable for the area, sitting near the middle of the pack both on the street and in the broader Westwood neighbourhood. The house itself is from the mid-60s, which is fairly typical for the area, though it's slightly newer than the street average (1963) and roughly in line with the neighbourhood and city medians (both 1966).
This property would suit buyers who prioritize location and long-term value over raw square footage. It’s a solid choice for someone looking for a home that’s already appreciated relative to its street—possibly due to updates or lot orientation—rather than a fixer-upper needing immediate work. It may also appeal to those who want a manageable footprint on a standard city lot without paying a premium for extra land they don’t need. If you're the type who values a strong asset on paper over sheer space, this one stands out.
Possible FAQs
1. Why is the assessed value so much higher than the street average when the living area is smaller?
Assessed value reflects more than just square footage. It factors in condition, renovations, location quirks, and recent sales of comparable homes. This property may have been updated or is on a preferred part of the street—things that don’t show up in a size comparison.
2. How does a land area ranking in the top 69% on the street translate to being “around average” citywide?
Street and city rankings can differ because the comparison groups are different. On this street, many lots are larger, so 5,632 sqft puts you in the lower third. Citywide, lots vary much more widely, so the same size lands closer to the middle. It’s not contradictory—it’s two different baselines.
3. Does the below-average living area affect resale potential?
Not necessarily. In many neighbourhoods, smaller homes on standard lots can be easier to sell because they appeal to downsizers, first-time buyers, or investors looking for lower entry costs. The assessed value suggests the market already sees this home as competitive.
4. What does “Top 59% citywide” for living area actually mean in practical terms?
It means the home is slightly smaller than the median Winnipeg home of a similar type, but not drastically so. You’re in a common size range—it’s not a tiny house, just modest compared to the average.
5. Is a 1965 build likely to need major updates soon?
It depends on what’s already been done. Many homes of this era have had roof, electrical, or plumbing work by now. The assessed value being high relative to the street could indicate recent upgrades, but it’s worth confirming. A home inspection is the only way to know for certain.