243 Cullen Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1,973-built, 881-square-foot home on a 6,170-square-foot lot in Westdale, Winnipeg. Its standout feature is the lot size—top 27% citywide and well above the neighbourhood average of 5,168 square feet. The home itself is newer than almost everything on the street, ranking first out of 97 homes for year built, and assessed value is strong locally (top 21% in Westdale).
Where it appeals is in the balance between a modest living area and a generous piece of land. The 881-square-foot floor plan is below the city average for comparable homes, but the lot offers room to expand, garden, or simply have more outdoor space than most nearby properties. For buyers, it’s a trade-off worth noting: you’re paying for land and a relatively modern structure, not for square footage inside.
This property would suit someone who values outdoor space and a solid, well-built home over a large interior footprint. It’s a good fit for buyers who see potential in adding square footage later, or who prioritize a quiet, established street with strong resale value in the neighbourhood. It’s less ideal for those who need a large open floor plan right now.
Five Possible FAQs
1. Why is the assessed value higher than the neighbourhood average when the living area is smaller?
The lot size and the relatively recent build year are the main drivers. In Westdale, land and modern construction tend to hold value well, even when the home itself is compact. The assessment reflects what the market has been willing to pay for that combination, not just floor space.
2. How does the lot compare to others in the area?
It’s above average for the neighbourhood (top 26%) and well above average citywide. On the street itself, it’s mid-ranked, meaning some neighbours have even larger lots, but overall, you’re getting more land than most homes in Westdale.
3. Is the 881-square-foot living area a drawback?
It depends on your needs. It’s below the city average, but well within the typical range for homes of this vintage in Westdale. Some buyers see it as a limitation; others see it as a manageable size with room to grow on the lot. The ranking shows it’s average for the street, so it’s not unusually small for the immediate area.
4. Why is the home ranked first on its street for year built?
Most homes on Cullen Drive were built in the early 1970s. This one was completed in 1973, making it the newest among 97 properties. That’s a narrow edge, but it can mean fewer updates needed compared to slightly older homes nearby.
5. What’s the neighbourhood like for resale value?
Westdale performs well relative to the city. The property’s assessed value is in the top 21% locally, and the lot size is above average. Homes with newer construction and larger lots tend to hold their value better over time, even if interior square footage is modest. Buyers should note that citywide, the assessed value is only around average, so resale strength is tied more to the local market than the city at large.