68 Hammond Road – Property Summary
Key Characteristics & Buyer Profile
This 1,400 sqft home, built in 1969 on a 5,602 sqft lot, presents a mix of standout strengths and practical trade-offs. Its clearest advantage is living space: on its street and within the Westdale neighbourhood, it ranks in the top 4% and top 3% respectively for size—well above the local averages of 1,050 sqft and 1,029 sqft. The home is also among the oldest on Hammond Road (top 2% by year built), which may appeal to buyers seeking established construction character rather than newer builds. The assessed value of $334k sits near the street average and slightly above the neighbourhood average of $307.4k, suggesting pricing that aligns reasonably with local comps, though land area (5,602 sqft) falls below the street norm and trails the citywide average. Citywide, the home is around average in all measures except living area, where it remains competitive.
The appeal lies in getting notably more interior square footage than most nearby homes without a proportionally higher assessed value. This property would suit buyers who prioritize indoor space—perhaps a growing family, someone needing a home office, or those who value generous room dimensions—and who are comfortable with a smaller lot and an older home that may require updates or maintenance. It may also appeal to someone who wants to live in a well-ranked neighbourhood (Westdale) without paying a premium for a newer or larger-lot property. Less obviously, the mismatch between elite street-level ranking for living area and below-average land size could suit a buyer who values privacy or yard space less than interior room, or who prefers a more manageable outdoor area.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The assessed value of $334k is just below the street average of $337.1k but higher than the Westdale neighbourhood average of $307.4k. Citywide, it sits in the top 60%, well under the $390.1k city average for comparable homes, meaning it's not overvalued relative to broader market benchmarks.
2. Is the land size a concern?
The lot is 5,602 sqft, which ranks in the bottom 20% on Hammond Road (average 6,075 sqft) but is slightly above the neighbourhood average of 5,168 sqft. It's smaller than typical citywide lots (average 6,570 sqft). If you want a large yard for gardening or expansion, this may be limiting; if you prefer less upkeep, it could be a plus.
3. Why is the home ranked so high for living area but only average for assessed value?
The living area is significantly larger than most homes on the street and in Westdale, but the assessed value per square foot appears to be moderate. This could reflect the older construction year, the smaller lot, or that larger interior space does not automatically command a proportional price increase in this market. It may represent an opportunity for a buyer who values square footage over other features.
4. What should I know about a home built in 1969?
It's among the earliest homes on Hammond Road (top 2% for age), and older than most in Westdale (bottom 26% by newness). Expect systems (electric, plumbing, roof) to be from that era unless updated. The year is citywide-average—so not unusually old for Winnipeg—but check for typical 1960s construction details like aluminum wiring, single-pane windows, or original finishes.
5. How does this property compare to others if I'm also looking at newer or larger-lot homes nearby?
If you're considering newer homes in Westdale, you'll likely pay more for less interior space and a similar or smaller lot. If you're looking at homes with larger lots on Hammond Road, they tend to have less living area. This property offers a trade-off: generous indoor space and a modest lot in an older home, at a value that doesn't reflect the living area premium you might expect elsewhere.