Property Overview: 199 Cullen Drive
Key Characteristics & Buyer Profile
This is a standout property by several measurable metrics. The home offers 1,692 square feet of living space, placing it in the top 1% on its street and within the Westdale neighbourhood, where the average home is roughly 1,000 square feet. The assessed value of $444,000 is also among the highest locally, reflecting both the size and desirability of the property. The lot measures 6,295 square feet, which is above average for both the neighbourhood and the city.
The appeal lies in the combination of space and a strong location. It is a larger-than-average home in a well-regarded area, without the premium price tag often associated with new construction. The 1970 build year is typical for the area, meaning the bones and layout are likely solid, but a buyer should be prepared for potential updates and maintenance consistent with a home of that era.
This property would suit buyers who prioritize square footage and lot size over a modern, turnkey finish. It is a good fit for someone who wants room to grow—whether through space on the lot, interior square footage, or both—and is open to investing in renovations over time. It is less suited for someone seeking a newly built or recently updated home with minimal upkeep.
Frequently Asked Questions
1. How does the property's size compare to others in the area?
The home is significantly larger than most on Cullen Drive and within Westdale. With 1,692 square feet, it ranks in the top 1% both on the street and in the neighbourhood, where the average home is around 1,000 square feet. The lot is also above the local average.
2. Why is the assessed value high relative to other homes?
The assessed value reflects the property’s size, location, and market conditions. Because the home is among the largest on the street and in the neighbourhood, its value naturally ranks high. That does not necessarily mean the property is overpriced—just that it is an outlier in terms of scale.
3. What should I expect from a home built in 1970?
A 1970 build is typical for the area. Systems like the roof, furnace, windows, and plumbing may be original or updated depending on previous ownership. Buyers should budget for inspections and possible updates to mechanicals, insulation, or finishes, but many homes of this era are structurally sound and well-built.
4. Is this property a good investment?
In terms of square footage and land, it offers above-average value for the neighbourhood. Homes with larger lots and floor plans in desirable areas tend to hold value well. The potential for improvement—whether through interior updates or landscaping—could also increase future resale value.
5. How does this home compare to others in Winnipeg overall?
City-wide, the home sits in the top 21% for living space and top 25% for lot size. While it is not the largest or most expensive in the city, it is well above average in both categories. The assessed value falls in the top 29%, which suggests strong relative value for the space and location.