8 Frost Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,433 sqft single-family home built in 1966, sitting on a 6,768 sqft lot in Winnipeg’s Westwood neighbourhood. Its standout feature is value: the assessed value of $492,000 ranks in the top 20% on the street, top 9% in the neighbourhood, and top 21% citywide—significantly outpacing local and city averages. The land area is also a strong point, ranking in the top 23% locally and top 19% citywide, which means generous outdoor space relative to nearby homes. The living area is slightly below the street average but sits comfortably within the middle third citywide. The year built is typical for the area.
The appeal here is less about chasing the newest finishes or the largest floor plan, and more about getting above-average land and assessed value in a well-established neighbourhood. It would suit buyers who prioritize lot size, long-term equity potential, and a solid mid-century build over turnkey perfection. First-time buyers looking for room to grow, or families wanting a yard with top-tier citywide land ranking, would find this property worth a close look. It’s also a strong candidate for someone comfortable with cosmetic updates—the bones and value are already there.
Five Possible FAQs
1. How does this home’s assessed value compare to similar properties in Westwood?
It is well above average. The neighbourhood average assessed value for comparable homes is $392,100, and this property is assessed at $492,000—placing it in the top 9% of 2,523 homes in the area.
2. The living area is 1,433 sqft. Is that considered small or typical for the street?
It’s slightly below the street average of 1,591 sqft, ranking 14th out of 20 homes. That said, it’s still above the neighbourhood average of 1,372 sqft and the citywide average of 1,342 sqft, so it’s not a small home by broader standards—just more compact than others on the same block.
3. What does “Top 19% citywide for land area” actually mean for the lot?
It means this lot is larger than roughly 81% of comparable homes across Winnipeg. With 6,768 sqft, you’re getting above-average outdoor space in a city where many newer homes sit on tighter lots. That’s a meaningful advantage if you value gardening, play space, or future expansion possibilities.
4. The year built is 1966. Are there known considerations for a home of this era?
It’s a very common vintage in Westwood, so the neighbourhood is full of similar construction. Typical considerations include updating insulation, windows, and mechanical systems if not already done. The upside is that these homes often have solid framing and mature landscaping. Always get a home inspection to check for aging wiring, plumbing, and foundation condition.
5. How reliable are the rankings and “average” figures shown?
They are based on a database of comparable homes within the same street, neighbourhood, and city, using a rough median benchmark. The bar fill represents the share of peers this home outperforms for each metric. Rankings are a useful starting point for comparison, but they don’t account for unique features like recent renovations, basement finish, or curb appeal. A walkthrough and local market knowledge will fill in the rest.