37 Holt Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1,524-square-foot home built in 1966 on a 6,149-square-foot lot in Westwood, Winnipeg. Its standout feature is size: the living area ranks in the top 6% on Holt Drive, top 25% in the neighbourhood, and top 29% citywide. The assessed value of $425,000 is similarly strong locally—top 11% on the street and top 21% in Westwood—though it sits closer to the citywide average, ranking in the top third. The lot is slightly above average for the street but slightly below the neighbourhood and city medians.
The appeal lies in getting above-average indoor space without paying a premium that pushes it far beyond comparable homes. It’s not a standout in any single category, but it offers a balanced profile: a solid footprint, a typical mid-60s build, and an assessed value that reflects its place in the market. This suits buyers who want more room than most homes on the block, but aren’t looking for a fixer-upper or a fully renovated showpiece. It would work well for a family who values square footage and a stable resale position, or for someone looking to avoid paying for a "top of the market" premium while still being in a well-ranked spot.
Five Possible FAQs
1. How does this home compare to others on Holt Drive?
It's one of the larger and more valuable homes on the street—ranked #2 for living area (top 6%) and #4 for assessed value (top 11%). The lot is slightly above average, and the year built is typical for the street.
2. Is the assessed value of $425,000 a good deal?
Relative to the street and neighbourhood, yes. It’s well above the average for both. Compared to the citywide average of $390,100 for comparable homes, it sits about 9% higher, which is reasonable given its above-average size.
3. How does the lot size affect the property's overall value?
The lot is about average for the street but smaller than the neighbourhood and city averages for similar homes. This isn't unusual for a home built in the 1960s with a larger living area—you get more house, not more land. It’s a trade-off that some buyers prefer.
4. What does “top 29% citywide” for living area actually mean?
Out of nearly 200,000 comparable homes in Winnipeg, this one is larger than about 71% of them. It’s not in the top tier, but it’s comfortably above the median. For most buyers, that translates to noticeably more interior space than what’s typical.
5. Is the 1966 build a concern for maintenance or renovations?
Not necessarily. Homes from the mid-60s are common in this part of Winnipeg. The key is that the home’s value and rankings suggest it has been maintained or updated to a degree that keeps it competitive. A 1966 build often means solid construction, but you’d want to check the age of the roof, furnace, and windows as part of any offer.