3266 Assiniboine Avenue – Property Summary
Key Characteristics & Appeal
This is a 1973 single-family home on Assiniboine Avenue in Winnipeg’s Westwood neighbourhood. The property sits on a 15,902 sqft lot – well above the street average (10,920 sqft) and landing in the top 2% city-wide. The living area is 1,406 sqft, which is around average for the street but slightly above the neighbourhood and city medians. The assessed value of $675,000 ranks in the top 5% across Winnipeg and the top 2% within Westwood, reflecting strong land value and location.
The appeal here is straightforward: the land-to-building ratio is uncommon. Most homes in this price range offer far less outdoor space, especially within the city. This property suits buyers who want a large, private yard in a mature neighbourhood without moving to the exurbs. It could also appeal to someone looking to renovate or rebuild on a premium lot, given that the house itself is now over 50 years old and below the average for newer stock on the street. That said, the home is not exceptionally large inside – it would best fit someone who values outdoor space and location over square footage.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It’s well above average on the street and among the highest in Westwood. The $675,000 figure places it in the top 2% of the neighbourhood and top 5% city-wide, which aligns with the large lot size rather than the house itself.
2. Is the living area small for a home of this value?
Yes, relative to the assessed value. The living area is close to the neighbourhood average and slightly below the street average. The price is driven primarily by land, not interior space. This is typical for older properties on large lots in desirable areas.
3. What year was the house built, and has it been updated?
Built in 1973. No update history is provided, but the data shows it’s newer than most homes on the street (top 10%) and in Westwood (top 3%). City-wide, it’s about average. Without further details, a buyer should assume original or partially updated systems and finishes.
4. How does the lot size affect usability or future plans?
At nearly 16,000 sqft, the lot is a standout feature. It’s in the top 2% city-wide and top 1% in Westwood. That allows for gardens, outbuildings, or potential subdivision – though the latter would require city approval and likely face restrictions. It also means higher maintenance and property tax relative to a smaller lot.
5. Who is this home not a good fit for?
Buyers looking for a move-in-ready home with a large interior, or those who want a modern open-concept layout, may find this property falls short. Similarly, anyone seeking a low-maintenance property (yard work, older systems) should look elsewhere. It’s a strong fit for someone who prioritizes land, privacy, and long-term potential over turnkey convenience.