87 Coleridge Park Drive – Property Summary
1. Key Characteristics, Appeal & Buyer Profile
This is a 2,127 sqft home built in 1969 on a 7,854 sqft lot in Westwood, Winnipeg. The property stands out most clearly at the neighbourhood level: it ranks in the top 4% of Westwood homes for living area, top 7% for assessed value, top 8% for year built, and top 12% for lot size. On its own street (Coleridge Park Drive), the home is closer to average in all categories—slightly smaller living space and lot than the street average, and built a few years earlier than the typical 1972 home on the block. Citywide, it sits comfortably above average across the board, particularly for lot size (top 12%) and living area (top 8%).
The appeal here is a home that offers more space and land than most properties in the wider city and neighbourhood, but without being an outlier on its own street. It’s a solid, established home in a well-ranked area rather than a showpiece. The assessed value of $517,000 is notably above the Westwood average ($392,100) but below the average on Coleridge Park Drive ($580,400), suggesting it may represent relatively good value within its immediate street context.
This property would suit buyers who prioritize neighbourhood quality and interior space over a newer build or a premium street address. It fits families or individuals who want a larger home in an established, above-average area, and who are comfortable with a 1960s-era property that may benefit from updates or personalization. It’s less suited for someone seeking a move-in-ready modern home or a top-tier lot size on the street.
2. Frequently Asked Questions
How does this home compare to others on Coleridge Park Drive?
On its street, this home is around average in living area (ranked 17th out of 48) and lot size (29th out of 48), but it was built slightly earlier than most homes there (1969 vs. a street average of 1972). Its assessed value ($517K) is below the street average ($580.4K), so it’s not the most expensive property on the block.
What makes the Westwood neighbourhood stand out for this property?
Westwood is where this home excels. It ranks in the top 4% for living area, top 7% for assessed value, and top 8% for year built within the neighbourhood. This means the home is significantly larger, more recent, and higher in value than the typical Westwood property.
Is the lot size considered large?
Citywide, yes—the lot ranks in the top 12% for size. In the Westwood neighbourhood, it’s above average, ranking in the top 12% as well. On its own street, however, it’s around average, as several homes on Coleridge Park Drive have larger lots (street average is 9,143 sqft).
Should I expect to do renovations given the 1969 build date?
That depends on the home’s current condition, which isn’t detailed here. At a neighbourhood level, the home is newer than average (top 8% in Westwood), but on its street, it’s one of the older homes (top 75%). A 1969 build is now over 50 years old, so major systems (roof, HVAC, windows) may have been updated or may need attention. Buyers should factor in potential updates when considering the assessed value.
How does this property’s assessed value compare to similar homes citywide?
The $517,000 assessed value is above the citywide average of $390,100 for comparable homes—ranking in the top 17% citywide. It’s also well above the Westwood average of $392,100. This suggests the home is considered a higher-value property within its broader area, though not the most expensive on its immediate street.