Property Summary: 2 Chiltern Place
Key Characteristics & Buyer Profile
This is a 1970-built home with 988 square feet of living space on a notably large 7,809-square-foot lot. The property's strongest feature is its lot size, which ranks in the top 12% citywide and top 8% within the Westdale neighbourhood—significantly above the local average of 5,168 square feet. The assessed value of $351,000 sits above the neighbourhood average ($307,400) but below the citywide average for comparable homes. The living area is slightly below citywide norms, ranking in the bottom quarter across Winnipeg, but is consistent with other homes on Chiltern Place.
The appeal here is land, not interior space. A buyer looking to gain a large yard in a well-established neighbourhood like Westdale would find this property compelling. It may also suit someone planning an addition, extension, or major redevelopment, where the lot offers flexibility that more standard-sized properties don't. That said, the interior is modest and mid-century in origin, so a buyer who prioritizes move-in ready, updated square footage may find it tight. This home leans toward the practical buyer willing to invest sweat equity or hold for land value appreciation.
Frequently Asked Questions
1. Is this a good property for a renovation or addition?
Yes, potentially. The lot size is well above average—especially for Westdale—so there’s more outdoor room to work with than most nearby homes. Depending on zoning and setback rules, an addition or major reno could be feasible. That would need to be verified with the city, but the lot itself gives flexibility that properties on smaller parcels don't.
2. How does the assessed value compare to what I’d actually pay?
The assessed value is $351,000. On the street it’s around average, but in Westdale it’s actually above the neighbourhood average of $307,400. That suggests the market in this pocket may be stronger than some surrounding areas. Assessed value isn’t the same as market price, but it’s a useful anchor—especially since it’s above both the street and neighbourhood medians.
3. Why is the living area considered below average citywide?
At 988 square feet, this home is smaller than the typical comparable home in Winnipeg, which averages about 1,342 square feet. That’s a notable gap. It’s not unusual for homes of this era (1970) to have more compact floor plans, especially if they were designed as starter homes or bungalows. The trade-off is more yard space.
4. What’s the condition of a 1970s home like this?
That depends entirely on how it’s been maintained. The data doesn’t cover condition, finishes, or updates. A 1970 build is old enough that major systems (roof, furnace, windows, electrical) may have been replaced—or may be due. Any buyer should budget for a thorough home inspection and expect some level of deferred maintenance unless recent upgrades are documented.
5. Who typically buys in Westdale, and does this home fit that?
Westdale is a mature, family-oriented neighbourhood with above-average assessed values for the city. It attracts buyers who want established streets, good lot sizes, and proximity to amenities. This home fits that profile in terms of location and land, but the smaller living area might be a compromise for families seeking more interior space. It could work well for a couple, downsizers, or someone looking to get into the neighbourhood at a lower entry point and build equity through improvements.