299 Raquette Street – Property Overview
Key Characteristics & Buyer Profile
This is a 1963-built home with 1,170 square feet of living space on a 5,124-square-foot lot. Its standout feature is the assessed property value: on its own street, it ranks in the top 5%, well above the street average of $344,000. This suggests the home has held or gained value relative to its immediate neighbours, possibly due to updates, condition, or location within the block.
The living area is close to average for its street, community (Westwood), and city (Winnipeg), so you’re not paying a premium for extra square footage. The lot is slightly smaller than typical for Westwood and the city overall, which is worth noting if outdoor space is a priority.
This property would suit a buyer who values strong relative value and a stable, well-rated street rather than sheer size. It’s a practical fit for someone looking for a mid-century home in a solid city neighbourhood, where the home’s tax assessment reflects good standing compared to nearby properties.
Five Possible FAQs
1. How does the property’s size compare to others nearby?
The living area is almost exactly average for the street (1,197 sqft average) and close to average citywide. The lot is smaller than typical for Westwood (average 6,491 sqft) but within a typical range for the street.
2. Why is the assessed value so high relative to the street?
The home ranks in the top 5% for assessed value on Raquette Street. This likely reflects a combination of factors such as condition, recent renovations, or a particularly desirable position on the block—but the data doesn’t specify the reason.
3. Is this an older home?
It was built in 1963, which is typical for the street (average also 1963) and slightly older than the Westwood community average (1966). It’s a mid-century property, so potential buyers should consider typical maintenance for a home of this age.
4. Does the lot size affect the home’s value?
The lot is slightly under average for the neighbourhood but not unusually small for the street. The high assessed value suggests that lot size is not a limiting factor here—the home’s value is driven more by other attributes.
5. How does this property rank across the whole city?
It sits in the top 53% for living area, top 52% for lot size, and top 40% for assessed value citywide. The most favourable ranking is its street-level comparison for value, while the community and city rankings are more moderate.