143 Westgrove Way – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1971-built home with 878 sqft of living space on a 1,532 sqft lot. Its assessed value is $176,000.
The property’s main appeal lies in its strong positioning within its own street. On Westgrove Way, it ranks in the top 5% for construction year—meaning it’s one of the newer homes on the block—and in the top 36% for living area, which is close to the street average of 935 sqft. The lot size is also right around the median for the street.
However, the picture shifts when you zoom out. In the Westdale neighbourhood and across Winnipeg, this home sits below average in both living area and lot size. Its assessed value is notably low compared to the neighbourhood average ($307,000) and the city average ($390,000).
This property would suit a buyer who:
- Prioritizes being on a well-established street with comparable, solidly mid-range homes.
- Is less concerned with square footage or lot size relative to the broader neighbourhood.
- Is looking for a potentially more affordable entry point into Westdale—a lower assessment suggests lower property taxes and possibly a lower purchase price.
- Values a home that is relatively newer than many others on the same street, which could mean fewer immediate structural updates than older neighbours.
A less obvious angle: the gap between the street and neighbourhood rankings can be revealing. Being near average on Westgrove Way but significantly below average in Westdale suggests this street itself has smaller, more modest homes than the surrounding area. For a buyer, this could mean less pressure to keep up with pricier renovations or additions seen elsewhere in the neighbourhood.
Frequently Asked Questions
1. How does the living space compare to other homes on the street?
It's very close to the typical size. The average living area on Westgrove Way is 935 sqft, and this home is 878 sqft, ranking 40th out of 110 homes. It's a standard size for the street.
2. Why is the assessed value so much lower than the neighbourhood average?
The assessed value ($176,000) is in the bottom 5% for Westdale, where the average is $307,000. This likely reflects the home’s smaller size (both living area and lot) relative to the rest of the neighbourhood. It doesn’t necessarily mean the home is in poor condition—just that it’s a smaller property in a community with many larger ones.
3. Is the lot size considered small?
It depends on the comparison. At 1,532 sqft, it’s right around the middle of the pack for Westgrove Way. But in the broader Westdale area, where lots average over 5,000 sqft, it is significantly smaller. Citywide, it ranks in the very bottom percentile.
4. What does the construction year ranking actually tell me?
The home was built in 1971. On its street, that puts it in the top 5%—meaning most houses on Westgrove Way are older. Across Winnipeg, 1971 is close to the city median (1966). So while it’s not new by general standards, it’s among the newer homes on this specific street.
5. Who is this home not suited for?
It may not be the best fit for buyers who want a large lot, a spacious interior, or a home that matches the typical scale of Westdale. It’s also not ideal for someone looking for a property with high assessed value or significant square footage relative to city averages.