198 Hammond Road – Property Summary
Key Characteristics & Buyer Suitability
This is a 1,220 sqft home built in 1969, sitting on a 6,813 sqft lot, with an assessed value of $382,000. Its real strength is consistency. On its street in Westdale, it ranks in the top 12–14% for both lot size and assessed value, and in the top 10% for living area within the neighbourhood. The land is notably generous — top 19% citywide — which is unusual for a home of this age and size. The year built (1969) is early relative to the neighbourhood’s median (1971), though it’s actually one of the newer homes on its own street, ranking in the top 2%.
The appeal lies in solid, above-average proportions without being outlier-expensive. It’s not the biggest or newest house in Winnipeg, but within Westdale, it offers more space and land than most nearby homes, at a value that outperforms the neighbourhood average by roughly $75,000. That gap suggests a property that may have been maintained or updated thoughtfully, or simply benefits from a strong location within the street hierarchy.
This home would suit buyers who want a practical, well-proportioned family home in an established neighbourhood — people who value land and living space over a modern build year. It may also appeal to those who see upside in an assessed value that’s significantly above the neighbourhood average, possibly indicating a property that already reflects good condition or recent improvements. Because the citywide assessment is close to average, it’s less likely to attract attention from investors seeking a flip, but more likely to appeal to owner-occupants who plan to stay.
Frequently Asked Questions
1. How does this property’s assessed value compare to similar homes in the area?
The assessed value of $382,000 is well above the Westdale neighbourhood average of $307,400 (top 9%). On its own street, it ranks 12th out of 100 homes, with a street average of $337,100. Citywide, it sits near the middle at the 43rd percentile. So it’s clearly above the local norm, but not at the top of the market.
2. Is the lot size considered large for Westdale?
Yes. At 6,813 sqft, it ranks in the top 12% within the neighbourhood and top 19% citywide. The street average is 6,075 sqft, and the neighbourhood average is 5,168 sqft. This is a notably generous lot — bigger than most nearby properties, and bigger than typical homes citywide.
3. The house was built in 1969 — is that old for this area?
It depends on the comparison. On Hammond Road, it’s actually one of the newer homes (ranked 2nd out of 100). But within Westdale overall, it’s slightly older than the neighbourhood average of 1971 (ranked 1,080 out of 1,460). Citywide, 1969 is very close to the median of 1966. So it’s not particularly old, but it’s not a new build either — typical for a well-established neighbourhood.
4. How does the living area compare to other homes in Winnipeg?
At 1,220 sqft, it’s above the street average (1,050 sqft) and the neighbourhood average (1,029 sqft). Citywide, it sits at the 48th percentile, with the city average for comparable homes being 1,342 sqft — so it’s a bit below the broader city median. The value here is that within its immediate area, it offers more space than most neighbours, even if it’s not oversized by city standards.
5. What kind of buyer would get the most out of this property?
Someone who values a larger-than-average lot in a stable, older neighbourhood, and who isn’t chasing a brand-new build. The assessed value and land ranking suggest the property may already have been improved or well maintained. It would work well for a family wanting room to garden, add a garage, or expand later, without paying a premium for a top-of-market home citywide. It’s a solid, above-average property in a competitive local context.