Property Overview: 311 Westwood Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home on Westwood Drive in the Kirkfield neighbourhood presents a practical and value-oriented opportunity. Built in 1960, its key features include 1,050 sqft of living space, a renovated basement, and a detached garage on a 5,832 sqft lot.
The primary appeal lies in its solid fundamentals and relative value within its immediate area. While the living space is modest and typical for the street, the home’s assessed value ranks in the top 15% on Westwood Drive, suggesting it may offer more perceived value or be in better condition than many direct neighbours. The renovated basement adds functional living space. The lot size, while below average for the broader Kirkfield area, is still a good-sized urban parcel.
This property would suit first-time buyers seeking an entry point into a stable area, or practical-minded investors looking for a rental property with a lower entry point. It’s a home for those who prioritize a sound investment structure and functional space over modern size expectations or premium finishes. A thoughtful perspective is that its stronger standing on its own street compared to the wider area could indicate a well-kept home in a consistent, established neighbourhood where larger-scale redevelopment is less common.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to the area?
The home’s assessed value is above average for Westwood Drive itself but sits around the average mark for both the Kirkfield neighbourhood and the city overall, indicating a fairly priced property in line with broader market conditions.
2. What is the significance of the renovated basement?
A renovated basement adds immediate liveable square footage without the need for a major project. It’s a functional asset, but buyers should verify the quality and permits of the renovation, as standards for “renovated” can vary.
3. Is the lot size a concern?
At just under 6,000 sqft, the lot is smaller than many in Kirkfield but is a standard urban size. It provides adequate outdoor space for a garden or patio while requiring less maintenance than a larger yard.
4. What can the sale history tell us?
The home sold in 2019 and again in 2020. The notable increase in sale price between those two dates suggests significant value was added, likely through the basement renovation or other updates. This history points to a property that has seen recent improvement.
5. Who are the typical neighbours?
The nearby homes on Westwood Drive are largely from the same era (early 1960s), creating a streetscape of similar one-storey dwellings. This consistency often leads to stable property values and a uniform neighbourhood character.