18 Hammond Road – Property Summary
Key Characteristics & Buyer Profile
This Westdale home offers a solid living area of 1,192 sqft, which ranks in the top 18% on its street and top 14% in the neighbourhood—meaning it’s noticeably roomier than many nearby homes. The assessed value of $392k is similarly strong, sitting in the top 7% on Hammond Road and top 6% in Westdale, reflecting a property that holds above-average market worth relative to its immediate surroundings.
Where the property diverges is its lot size and age. The 5,499 sqft lot is smaller than the street average (6,075 sqft), ranking in the bottom 6% on Hammond Road, though it sits around the middle of the pack neighbourhood-wide. Built in 1967, it’s older than most homes on the street and in Westdale—ranking in the bottom 29% and 7% respectively. Citywide, both the lot size and age fall near the average.
The appeal lies in the balance: you get a larger-than-usual living space with strong assessed value in a well-regarded neighbourhood, but without paying a premium for a big yard or a newer build. This property suits buyers who prioritize interior square footage and established value over lot size or a recent construction year. It may also appeal to those who see potential in an older home on a modest lot in a desirable area—perhaps for a future renovation or as a more affordable entry point into Westdale.
Five Possible FAQs
1. How does this home compare to others on the same street?
It’s above average in living area and assessed value (top 18% and 7% respectively), but the lot is smaller than most (bottom 6%) and the home is slightly older (built 1967 vs. a street average of 1968).
2. Is Westdale considered a strong neighbourhood for resale value?
Yes. The assessed value ranking here (top 6% in Westdale) suggests this property holds above-average value relative to the neighbourhood. Keep in mind that rankings reflect a snapshot—market conditions change—but it’s a positive indicator.
3. The lot is smaller than the street average—should that be a concern?
It depends on what you want. The lot is around the median for Westdale overall, so it’s not unusually small for the area. If you’re looking for a large yard or garden, you may want to look elsewhere on Hammond Road specifically.
4. Why is the assessed value high despite the home being older?
Assessed value considers multiple factors, not just age. This home’s larger living area and its location in a sought-after neighbourhood (Westdale) likely contribute more to the value than the year built does.
5. What does “citywide top 51%” mean for living area?
It means this home is right around the middle when compared to all comparable homes across Winnipeg. It’s not exceptionally large or small at the city level—its strengths are more local, on this street and in this neighbourhood.