41 Acorn Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1,020 sqft home built in 1973 on a 3,339 sqft lot, located in Winnipeg’s Westdale neighbourhood. Its standout feature is the construction year: the property ranks first on its street for newest build (top 4%) and sits in the top 18% of the neighbourhood, meaning it’s one of the newer homes in an area where many houses date to the early 1970s. That relative newness may appeal to buyers who want a more modern structure without paying for a brand-new build.
The living area is right around the street average and a bit below the neighbourhood norm, making it a compact but functional floor plan—not spacious, but not cramped for its category. The assessed value of $266k is close to the street average and noticeably below the Westdale average of $307k, which could signal an opportunity for buyers looking for a more affordable entry into the area. The lot is smaller than typical for both the street and the neighbourhood, so yard space is limited.
Its appeal lies in being a reasonably priced, newer-construction home in an established neighbourhood, with below-average land and living space keeping the cost down. It suits first-time buyers, downsizers, or investors who prioritize a solid, modern structure over a large yard or expansive interior. Buyers who want more land or generous square footage will want to look elsewhere.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The value is around the street average ($263k) and about 13% below the Westdale neighbourhood average ($307k). Citywide, it sits in the bottom half, ranking in the 79th percentile of comparable homes, so it’s priced below many alternatives.
2. Is the lot size a dealbreaker for most buyers?
It depends on your needs. At 3,339 sqft, the lot is below average on the street (4,102 sqft) and in the neighbourhood (5,168 sqft). That means less outdoor maintenance but also less room for additions, gardens, or play areas. For buyers who prefer a compact yard, this works—for those wanting space, it’s a limitation.
3. Why is the year built ranked so high on the street?
Acorn Place has homes from the early 1970s and earlier, and this property was built in 1973—right at the newer end for that street. Many nearby houses may be a few years older, so this one offers a slightly more recent construction without being brand new.
4. How does the living area compare to other homes I might look at in Westdale?
At 1,020 sqft, it’s almost exactly the citywide average for homes of this type (1,029 sqft is the neighbourhood average). But it’s smaller than the typical Westdale home when looking at all single-family properties, so it’s a modest space—fine for couples or small families, but tight for larger households.
5. What are the trade-offs of this property compared to others in the area?
The main trade-off is smaller lot and living area in exchange for a newer build and lower price point relative to the neighbourhood. You’re getting a structurally recent home in a stable area without paying the premium many Westdale properties command. If you value location and affordability over square footage and yard size, this is a strong fit.