127 Barron Drive – Property Summary
Key Characteristics & Buyer Profile
This 1,128 sqft bungalow built in 1966 sits on a 5,122 sqft lot in Winnipeg’s Westwood neighbourhood. The property’s strongest feature is its assessed value: at $390,000, it ranks 6th out of 54 homes on Barron Drive (top 11%) and sits well above the street average of $357,600. The home is also one of the older, more established houses on the block—ranked 3rd for year built (top 6%)—which can appeal to buyers who appreciate a well-maintained, original-era property rather than newer infill.
The main trade-off is lot size. The land area is notably smaller than most neighbouring properties, ranking 39th on the street (bottom 28%) and 2,359th out of 2,523 in the broader Westwood area (bottom 7%). For buyers who prioritize a large yard or garden space, this may feel tight. However, for someone who values location, a reasonable interior footprint, and a relatively low purchase price compared to larger homes in the area, the smaller lot can also mean less maintenance and a more manageable urban property.
Living area is around average for the street (1,128 sqft vs. 1,232 sqft average), but below the neighborhood norm. Citywide, both the living area and lot size fall near the middle of the pack.
Who it suits: Buyers looking for a solid, older home in an established Westwood location at a strong value relative to the street—particularly those who don’t need a large yard. It may also suit investors or first-time buyers who want a property with good bones and a reasonable tax base, rather than a premium lot.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The $390,000 assessment is well above the Barron Drive average ($357,600) and near the Westwood neighborhood average ($392,100). Citywide, it’s in the top 41% of comparable homes.
2. Is the lot size a concern for resale?
It could be for some buyers. The lot is smaller than most on the street and significantly smaller than the Westwood average (5,122 sqft vs. 6,491 sqft). However, a smaller lot can be a selling point for those wanting lower upkeep, and the home’s strong value ranking suggests the market hasn’t heavily penalized it.
3. How old is the house, and has it been updated?
Built in 1966, it’s among the older homes on the street (ranked 3rd out of 54). The data doesn’t specify renovations. Buyers should budget for potential updates typical of a home of this era, but the ranking suggests the condition or location has kept its value strong relative to newer builds.
4. What is the neighborhood like in terms of property types?
Westwood is a mixed residential area with a range of home sizes and lot dimensions. This property is smaller than much of the surrounding stock (bottom 7% for lot size in the neighborhood), so it stands out as a more compact option. Street-level data suggests Barron Drive has a mix of similar-era homes.
5. How does this property rank compared to the rest of Winnipeg?
It’s around average citywide for living area (top 57%), assessed value (top 41%), and year built (top 52%). The lot size is also near average citywide (top 52%). The standout is assessed value on the street itself, where it performs very well.