112 Wordsworth Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1,458 sqft single-family home built in 1963, on a 5,458 sqft lot in the Westwood area of Winnipeg. Its standout feature is the living space. On its own street, it ranks in the top 19% for size, meaning it offers noticeably more room than most of its immediate neighbours. That’s the property’s main appeal: you get a house that feels spacious relative to its surroundings, without paying a premium for it.
Where the trade-off shows up is in land and valuation. The lot is smaller than average for the street (top 88%, so on the smaller end), and the assessed value is below the street and neighbourhood averages. In plain terms, you’re getting more house on less land, at a lower tax assessment than many comparable homes nearby. The build year is slightly older than the neighbourhood average but within a typical range—nothing unusual for a 1960s home in this part of the city.
This property would suit a buyer who prioritizes interior square footage over yard size, and who isn’t looking for a “fixer-upper” opportunity on land value. It’s a good fit for someone who wants a solid, established home in a mature neighbourhood, with a sensible tax bill relative to the area. It may appeal less to someone hoping to renovate or build on a larger lot, or to buyers who put a high value on outdoor space.
Frequently Asked Questions
1. How does the property’s size actually compare to other homes nearby?
The living area is larger than about 80% of homes on Wordsworth Way, and about a third larger than the average home on the street. It’s also slightly above the neighbourhood and city averages. So yes, it’s genuinely spacious for its immediate area.
2. The lot is smaller than average. Is that a problem?
It depends on your expectations. The lot at 5,458 sqft is about 1,150 sqft smaller than the street average. That’s not tiny, but it’s definitely compact for a single-family home on this street. If you want a big backyard or room for an addition, this may feel tight. If you prefer a lower-maintenance yard, it could be a plus.
3. Why is the assessed value lower than the neighbours’?
The assessment reflects the property’s overall market value, not just its size. Since the lot is smaller and the home is on the older side of average, the total valuation comes in below the street and neighbourhood medians. That also means property taxes are likely lower than many comparable homes in the area.
4. Is the home good for first-time buyers?
Yes—if they’re comfortable with an older home that may need updating in some areas. The size-to-tax ratio is favourable, and the layout is straightforward. But first-time buyers should budget for potential maintenance that comes with a 1960s build. It’s not a turnkey modern home, but it’s not a fixer-upper either.
5. How does this property compare to others in Westwood overall?
It’s larger than average for the neighbourhood but sits on a smaller lot and has a lower tax assessment. It’s not an outlier in any extreme way—more of a practical, value-oriented choice within the area. If you’re comparing multiple homes in Westwood, this one stands out for interior space per dollar, not for land or prestige location.