Here is a clean, standalone write-up for 55 Acorn Place, organized into two sections as requested.
Property Overview: 55 Acorn Place
Key Characteristics & Buyer Profile
This is a 1,029 sqft home built in 1972, situated on a 3,408 sqft lot in Winnipeg’s Westdale neighborhood. Its defining feature is affordability relative to the surrounding area. The assessed value of $255,000 sits notably below the neighborhood average of $307,400 and well below the citywide average for comparable homes. The living area is also smaller than typical for Westdale, ranking in the bottom 15% of the neighborhood. However, the lot size is roughly average for the street, offering a modest but functional outdoor space without the premium often associated with larger lots in the area.
The appeal here is straightforward: it’s a practical entry point into a desirable neighborhood. Buyers get the location and street without paying for extra square footage or a top-tier renovation. The year built (1972) is around average for the neighborhood, suggesting a consistent character of homes from that era. This property would suit a first-time buyer looking to get into Westdale, an investor seeking a lower-cost asset in a stable area, or someone who values location over interior size and is willing to update or expand over time. It’s a solid, unflashy choice rather than a turnkey premium home.
Five Possible FAQs
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How does the assessed value compare to similar homes nearby?
The assessed value of $255,000 is about 17% below the Westdale neighborhood average. It ranks in the bottom 20% on the street, which means this is one of the more affordable options in the immediate area.
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Is the living space considered small for this neighborhood?
Yes. At 1,029 sqft, it is below the neighborhood average of 1,342 sqft for comparable homes. It ranks in the bottom 15% of Westdale, so buyers should expect a more compact footprint than many nearby properties.
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What is the lot size like, and how does it compare?
The lot is 3,408 sqft, which is below the neighborhood average of 5,168 sqft but roughly in the middle of the pack for Acorn Place itself. It offers a manageable yard without the extra maintenance of a larger lot.
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How old is the property, and is that typical for the area?
Built in 1972, the home is within a year of the average build date for Westdale (1971). It fits comfortably within the neighborhood’s existing housing stock and is not unusually old or new for the street.
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Is this a good option for someone on a tighter budget?
Potentially, yes. The combination of a below-average assessed value and a smaller living area generally translates to a lower purchase price compared to other homes in Westdale. It’s worth considering if being in this specific neighborhood is a priority, even if it means less interior space.
For a detailed side-by-side comparison of this property with nearby homes—including year built, living area, assessed value, and lot size—open the neighbourhood analysis page.
[Open neighbourhood map analysis →]