Property Summary: 203-60 Windmill Way
Key Characteristics & Buyer Fit
This 897 sq ft home, built in 1997, sits in the Westdale area of Winnipeg. Its size is squarely average for its street and neighbourhood—neither notably spacious nor cramped. The assessed value of $169,000 is below both the local and city averages, and the building is older than much of the Westdale area (where many homes were built around 2008), though it’s newer than the citywide median of 1990.
The main appeal here is value for money. You’re getting a unit that doesn’t stand out in size or age, but its lower-than-average assessment suggests a more accessible price point relative to nearby properties. This makes it a practical choice for a first-time buyer or someone looking to enter the Westdale neighbourhood without paying a premium for a newer or larger unit. It’s less suited for someone seeking standout square footage or a recently built home—those options exist elsewhere in the area but will cost more. The property suits buyers who prioritize affordability and a stable, mid-tier position in the market over bragging rights on size or age.
Frequently Asked Questions
1. How does this property compare to others on Windmill Way?
It’s very much in the middle. In terms of size, it ranks 37th out of 68 homes on the street, which is slightly below the average of 993 sq ft. Its assessed value is also below the street average of $238,000. Simply put, it’s a median option—not exceptional, but not a compromise either.
2. Is a 1997 build considered old for this area?
It depends on your reference point. In Westdale, most comparable homes were built around 2008, so this one is about a decade older than the neighbourhood norm. However, citywide, the average home was built in 1990, so it’s newer than many Winnipeg properties. Age alone isn’t a red flag, but you may notice differences in finishes or systems compared to newer constructions nearby.
3. Why is the assessed value so much lower than the neighbourhood average?
The assessed value of $169,000 is about 32% below the Westdale average of $247,000. This likely reflects the home’s older construction year and its modest size, rather than any specific defect. It also means the property taxes should be lower, which can be a practical advantage for a budget-conscious buyer.
4. What type of buyer would benefit most from this home?
Someone who wants to live in Westdale without paying a premium for a larger or newer unit. It’s a solid fit for a first-time homeowner, a small family, or someone downsizing who doesn’t need extra space but still wants a decent location. It’s less ideal for buyers who plan to compare comps aggressively or who expect to outgrow 897 sq ft quickly.
5. Should I be concerned about the “below average” rankings on value and age?
Not necessarily. The rankings tell you that this unit is priced more affordably than most in the area, which can be a good thing for your budget. The age is moderate, not extreme. The key is whether the home itself is well-maintained. Rankings are useful benchmarks, but they don’t replace an in-person look at the condition, layout, and overall feel of the property.