Property Overview: 122 Whitegates Crescent, Westwood, Winnipeg
Key Characteristics & Appeal
This Westwood bungalow, built in 1969, presents a practical opportunity in a mature neighbourhood. Its key appeal lies in its relative value and lot size. With 1,110 sqft of living space, the home is modestly sized compared to others on its street and in Westwood, but it sits on a slightly larger-than-average lot for the immediate area (nearly 6,000 sqft), offering valuable outdoor space. The assessed value of $344k is notably below the street and neighbourhood averages, suggesting a potentially more accessible entry point into the area.
A less obvious perspective is that the home’s age is actually an advantage on its street—it is newer than most comparable homes nearby, which may indicate updated infrastructure or less immediate need for major system overhauls compared to older neighbours. This property would suit first-time buyers or downsizers seeking a established, quiet crescent location with room for gardening or expansion, and who are comfortable with a home that may require personalization. It’s a home that prioritizes land and location over square footage.
Frequently Asked Questions
1. Is the below-average living area a concern?
It depends on your needs. The home is smaller than many on the street, which is reflected in its value. For some, it’s a compromise for the lot size and location; for others, it may feel too compact.
2. Why is the assessed value lower than the street average?
The assessed value considers factors like living area, age, and condition. The lower square footage is the primary driver here, positioning it as a more value-oriented option on a street of larger homes.
3. What does the sold price history indicate?
Records show it last sold between $300k-$350k in late 2022. This range aligns with its assessed value and supports its position as a comparatively affordable property in the area.
4. How does the lot size compare?
At 5,993 sqft, the lot is above average for Whitegates Crescent. This is a standout feature, offering more private outdoor space than many direct neighbours.
5. Are there similar homes nearby for comparison?
Yes. Recent listings and sales on the same crescent, such as 159 Whitegates Cres (similar size/value) and 156 Whitegates Cres (larger, higher value), provide clear benchmarks for size, age, and price within this specific micro-area.