8 Thackeray Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1963 home with 1,176 sqft of living space on a 6,523 sqft lot, assessed at $341,000. The property sits in Winnipeg’s Westwood neighbourhood.
Where it stands out: The land is the strongest feature. It ranks in the top 28% on the street, in the neighbourhood, and citywide—meaning this lot is notably larger than most comparable homes. The house itself was built in 1963, which is the earliest year on the street (top 6%), though that’s typical for the neighbourhood overall. Living area and assessed value are both around average for the area.
What’s less obvious: The assessed value ranks lower on the street and in the neighbourhood than the living area does. That suggests the home may not have been updated as recently as others nearby, or that the interior condition isn’t reflected in the square footage alone. The large lot, however, offers renovation or expansion potential that many neighbouring properties don’t have.
Who it suits: Buyers who prioritize outdoor space and lot size over a move-in-ready interior. Also suited for someone looking for a solid, unremarkable home in a stable neighbourhood where they can add value over time. Less ideal for someone wanting a recently renovated house or a smaller lot with less upkeep.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It has the oldest construction year on the street (1963), one of the larger lots (ranking 5th out of 18), but a below-average assessed value (12th out of 18). The living area is slightly below the street average of 1,191 sqft.
2. Is the assessed value of $341,000 a good deal?
It’s below the neighbourhood average ($392,100) and citywide average for similar homes ($390,100). Whether it’s a good deal depends on the home’s condition—if it needs updates, the lower assessment may reflect that, but it also means less competition from buyers looking for turnkey properties.
3. What renovation potential does the lot offer?
At 6,523 sqft, the lot is large enough for an addition, a garage, or a substantial backyard. In the Westwood area, lots this size are uncommon—most comparable homes sit on roughly 6,490 sqft. The house’s age also means there’s no structural or design constraint from recent renovations, so you’re starting with a blank slate.
4. How does the neighbourhood compare citywide?
Westwood is a mid-range neighbourhood. The home ranks in the top 52% citywide for living area and top 57% for assessed value. The lot ranks higher (top 22%), which is the standout metric. It’s not a premium area, but it’s not undersized or overlooked either.
5. What should I look for during a viewing?
Given the 1963 build date and average assessed value, check the condition of major systems: roof, furnace, windows, and foundation. The large lot might also have drainage concerns or mature trees that need maintenance. Since the home ranks low in assessed value relative to its lot size, the interior finishings and layout may be original or dated.