330 Rouge Road – Property Summary
Section 1: Key Characteristics & Buyer Profile
This is a 920-square-foot, three-bedroom home built in 1964, sitting on a 5,531-square-foot lot in Winnipeg’s Westwood neighbourhood.
The main appeal here is value per dollar, not space. The living area is notably small compared to street, neighbourhood, and city averages—it ranks in the bottom 1% on its own street and neighbourhood. But the assessed value, at $371,000, is above average for the street (top 30%) and sits around the midpoint for the neighbourhood and city. That means you’re paying a competitive price for a home that’s smaller than most, which could be a smart entry point if you don’t need a lot of square footage.
The lot is close to the street average and slightly below the neighbourhood average, but still a decent size for Winnipeg. The home’s age (1964) is in line with its surroundings, so you’re not dealing with a unique maintenance timeline.
This property would suit a first-time buyer or someone downsizing who prioritizes location and affordability over interior space. It might also appeal to an investor looking for a lower-maintenance rental in a solid middle-tier area. What’s less obvious is that its small footprint could be a deliberate trade-off for someone who wants a manageable yard and lower utility costs without sacrificing neighbourhood quality. The below-average living area also means less to renovate or furnish, which can simplify an entry-level purchase.
Section 2: Five Possible FAQs
1. How does this home compare to others on Rouge Road?
It’s among the smallest on the street (ranking 124th out of 125 homes), but its assessed value is above average (38th out of 125). So you’re getting a home that’s priced competitively for the street, despite having less square footage.
2. Is the assessed value a good indicator of market price?
Assessed value is used for property taxes and reflects market conditions at a set point in time. It doesn’t always match current sale prices, but being above the street average suggests the property holds its value relative to its immediate neighbours.
3. What’s the lot like compared to other homes in Westwood?
The lot is 5,531 square feet. That’s close to the street average but below the Westwood neighbourhood average of 6,491 square feet. It ranks in the bottom third of the neighbourhood for lot size, so you’re not getting a sprawling yard, but it’s still a functional city lot.
4. How does the age of the home affect its condition?
Built in 1964, the home is around 60 years old. This is typical for the area—the average build year on the street and in the neighbourhood is 1966. Buyers should factor in potential updates to systems (plumbing, electrical, roof) depending on what’s been done, but the age alone isn’t an outlier here.
5. What does “ranked #124 out of 125” mean for living area?
It means this home has one of the smallest living areas on Rouge Road. Only one home on the street is smaller. If square footage is a priority, you’ll find more space in most other houses on this street. But if location and price are more important, this ranking highlights a trade-off worth considering.