443 Raquette Street

443 Raquette Street – Property Summary

Key Characteristics & Buyer Profile

This 1,044 sqft bungalow, built in 1961 on a 5,125 sqft lot, is assessed at $376,000. Its main appeal is value relative to the immediate street. While the living area is below average for both the street and the Westwood neighbourhood, the assessed value ranks in the top 12% on Raquette Street itself—meaning you’re getting a home that’s priced competitively against smaller or older houses nearby. The lot is about average for the street but smaller than typical Westwood or citywide lots, which may matter if yard space is a priority.

The property suits a buyer focused on affordability within a specific street or area, rather than someone seeking a standout home in terms of size or land. It’s a good fit for first-time buyers, investors looking for an entry-level property in a solid Winnipeg neighbourhood, or anyone willing to accept a smaller floor plan and lot in exchange for a lower assessed value than many of its immediate neighbours. The 1961 build date is older than the street and neighbourhood averages, so some updating may be expected.

Frequently Asked Questions

1. How does the assessed value compare to the actual market price?
The city assessment is a benchmark, not a market value. On Raquette Street, the average assessed value is $344,300, and this property sits at $376,000—above the street average but around the neighbourhood and citywide medians. Market conditions, recent sales, and the home’s condition will ultimately determine the listing or sale price.

2. Is the smaller-than-average living area a major drawback?
It depends on your needs. At 1,044 sqft, the home is smaller than most on the street and in the neighbourhood. However, the ranking shows it’s close to average citywide. The trade-off is a lower entry price on a street where many homes are larger and pricier. It works if you don’t need extra square footage.

3. Why is the lot size below average for Westwood but around average citywide?
Westwood tends to have larger lots—many over 6,000 sqft—so this property’s 5,125 sqft lot looks small in the neighbourhood. Citywide, lot sizes vary widely, so it’s more typical. If you’re comparing within Westwood, expect less yard space than neighbours; if you’re comparing across Winnipeg, it’s standard.

4. What does “year built ranking” tell me about the home’s condition?
A 1961 build puts it older than 87% of homes in Westwood and 75% on Raquette Street. That doesn’t mean poor condition—some older homes are well-maintained or renovated—but buyers should budget for potential updates to mechanicals, windows, or insulation. It’s worth a home inspection to assess actual wear.

5. How does this property compare to a similar home in a different neighbourhood?
The citywide data shows this home is around average for living area and assessed value across Winnipeg. The key difference is street-level value: on Raquette Street, you’re buying one of the cheaper options relative to size. In a pricier neighbourhood, the same home might rank lower. The neighbourhood analysis page (linked on the listing) provides a side-by-side map comparison for a clearer picture.