Key Characteristics & Buyer Profile
This is a 1971-built home on Westgrove Way in the Westdale area of Winnipeg, with 878 sq ft of living space and a 1,532 sq ft lot. Its strongest feature is the construction year: on its own street, this property ranks in the top 5% for newer build, meaning it’s likely one of the more modern-looking or structurally up-to-date homes in the immediate neighborhood. The assessed value sits at $212,000, which is noticeably below both the local street average ($231,000) and far below the community average ($307,000). This low tax assessment suggests a more affordable entry point for buyers in this part of the city.
The appeal lies in its relative value within the Westdale community. The home’s size (878 sq ft) is actually close to the street average (935 sq ft), but on a smaller-than-usual lot—especially compared to the spacious plots typical of the area. That means a buyer gets a home that fits the neighborhood’s character without paying for a large yard they might not want. It would suit first-time buyers looking to get into a established area without stretching their budget, as well as downsizers or investors interested in a lower-maintenance property in a solid, mid-range residential pocket. The "less obvious" perspective: a smaller lot here can actually be practical—less upkeep, more time for other priorities—and the low assessment could keep property tax bills modest for years.
Five Possible FAQs
1. How does this property compare to others on the same street?
It ranks in the top third for newer construction (top 5% on the street for build year), and its living area (878 sq ft) is right around the street average of 935 sq ft. The assessed value is slightly below the street average, making it a comparatively affordable option on Westgrove Way.
2. Is the lot size considered small?
Yes, relative to both the street and the neighborhood. The lot is 1,532 sq ft, while the Westdale community average is over 5,000 sq ft. In a city-wide context, it ranks in the bottom 1% for lot size. That said, it’s not unusual for older, compact infill homes—and it means less yard work.
3. What does the low tax assessment mean practically?
The assessed value of $212,000 is below the community and city averages, which typically translates into lower annual property taxes. For a buyer, that’s less overhead each year compared to pricier homes nearby, freeing up cash for renovations or savings.
4. Is this area generally affordable for first-time buyers?
Westdale as a whole has higher-priced homes (average assessment $307k), but this particular property sits well below that mark. Combined with the smaller lot and modest square footage, it’s one of the more budget-friendly entries into the community.
5. How does the 1971 build date affect things like maintenance?
The home is newer than most on its street (top 5%), but not new by absolute standards. Expect typical updates over the decades—roof, windows, mechanicals. The upside: you’re not buying a century home with unknown structural quirks, but you should still budget for periodic updates based on the previous owner’s care.