1. Key Characteristics, Appeal, and Suitability
This is a 1,329-square-foot home built in 1965 on a 6,707-square-foot lot in the Westwood area of Winnipeg. The property sits at 74 Twain Drive. Its main strengths are the lot size and the assessed value.
The lot is a standout feature. Within Westwood, it ranks in the top 24% for size, and citywide it’s in the top 20%. The structure itself is close to average for the street, neighborhood, and city. The assessed value of $367,000 is slightly below the average for the street and neighborhood, which suggests it may be priced with some room compared to its immediate neighbors.
The appeal here is for a buyer who prioritizes outdoor space over a large or modern interior. This is not a move-in-ready showpiece, but a solid, mid-century home on an above-average piece of land. It would suit someone who is comfortable with a property that offers good potential for landscaping, gardening, or future expansion, and who is willing to work within a home that reflects its age. It is a practical choice for a buyer looking to get established in a stable, older neighborhood without paying a premium for the most updated or largest house on the block.
2. Frequently Asked Questions (FAQs)
1. How does the property’s assessed value compare to similar homes nearby?
It is slightly below the average. On Twain Drive, the average assessed value is around $396,000, and in the Westwood area it is about $392,000. This property is assessed at $367,000, meaning it sits toward the lower end of the range for the street.
2. Is this considered a large lot for the area and the city?
Yes, particularly when compared to the broader city. The lot ranks in the top 20% across Winnipeg. In the Westwood neighborhood, it ranks in the top 24%, so it is notably above average for both the immediate community and the city as a whole.
3. The house was built in 1965. Is that typical for this street?
It is very typical. The average build year on Twain Drive is 1966, and the average for Westwood is also 1966. This property fits right in line with the character and age of the surrounding homes.
4. What type of buyer is this property best suited for?
It is best for a buyer who values land and is not expecting a fully modernized interior. Someone looking to add value through landscaping, a garden, or a future addition would find the lot appealing. It is also a good fit for a buyer who wants to live in a well-established neighborhood without overpaying for the most updated home on the block.
5. Is the living space considered small, average, or large compared to other homes?
It is close to average across all comparisons. The 1,329 square feet is within a few percent of the averages for the street (1,384 sqft), neighborhood (1,372 sqft), and city (1,342 sqft). It is not notably large or small for its setting.