115 Westgrove Way – Property Summary
Key Characteristics and Buyer Profile
This is a 1971 home with 878 square feet of living space on a 2,334-square-foot lot. What stands out is the combination of a smaller footprint with a strong assessed value relative to the immediate street. On Westgrove Way, the home ranks in the top 22% for assessed value ($240,000) and top 23% for land area, even though the lot is notably smaller than the neighborhood average of 5,168 square feet. The living area is around average for the street but falls well below citywide medians.
The appeal here isn’t about space. It’s about location and value within a specific street context. The property sits in Westdale, a neighborhood where both living area and lot sizes tend to be larger. This home gives someone access to that area without paying for the square footage they might not need. It would suit a buyer who prioritizes a solid street ranking, a manageable footprint, and lower upkeep over sprawling interior or yard space—someone who values being in a desirable pocket of the city without the premium attached to bigger homes nearby.
Frequently Asked Questions
1. How does this property compare to others on the same street?
On Westgrove Way, it ranks above average for assessed value (top 22%) and land area (top 23%), and it’s one of the newer homes built in 1971 (top 5%). Living area is around average for the street.
2. Is the lot size a concern in this neighborhood?
It depends on expectations. The lot is 2,334 square feet, which is smaller than the Westdale average of 5,168 square feet and the citywide average of 6,570. However, it’s above average for homes on this particular street, where typical lots are also modest.
3. Why is the assessed value relatively high for a smaller home?
The home’s assessed value of $240,000 outperforms the street average of $230,800. This likely reflects its condition, location within the street, or recent updates—though the data doesn’t specify which factors drive that difference.
4. How does the 1971 build year hold up citywide?
It’s slightly newer than Winnipeg’s average of 1966 for comparable homes, and it’s one of the earliest homes on Westgrove Way. That doesn’t guarantee modern features, but it places the property in a broadly average age bracket across the city.
5. What type of buyer would get the most value here?
Someone who doesn’t need a large lot or expansive living area, but wants to be in Westdale without paying a premium for space they’d rarely use. It also works for buyers focused on street-level rankings—those who care more about how a property compares to immediate neighbours than to the broader city or neighborhood.