Key Characteristics & Buyer Profile
This is a 1969-built home on Whitegates Crescent in Winnipeg's Westwood neighbourhood, with 1,129 sq ft of living space on a 5,564 sq ft lot. Its strongest asset is the build year—it ranks 2nd out of 102 homes on the same street for newer construction, putting it ahead of most surrounding houses. The assessed value of $427,000 is also significantly above the street average of $377,000, ranking in the top 8% locally. The living area and lot size are slightly below average for the street and neighbourhood, though not dramatically so. The appeal lies in owning a relatively newer home in an older-established area, which often means fewer major update concerns compared to neighbours built in the mid-1960s. It suits buyers who prioritize a more recent build and solid assessed value over maximum square footage or a large yard—someone looking for a move-in-ready home in a mature neighbourhood without the premium price tag of a new subdivision.
Frequently Asked Questions
1. Does the living area being below average mean the house feels cramped?
Not necessarily. At 1,129 sq ft, it's smaller than the street average of 1,318, but that's a modest difference. The layout and how the space is used matter more than the raw number. For comparison, it's still comfortably within a typical three-bedroom bungalow or split-level range.
2. Why is the property valued higher than most on the street despite being smaller?
Assessed value reflects more than just size. Newer construction, overall condition, lot location, and recent market sales all play a role. A well-maintained newer home with modern systems often commands a premium over older houses that may need significant work, even if those older homes have slightly more square footage.
3. How does the 1969 build year compare to other homes in the area?
Very favourably. The street average is 1966, and the neighbourhood average is also 1966. Being three years newer may not sound like much, but in a 50+ year-old housing stock, it often means updated wiring, plumbing, or insulation standards. It ranks in the top 2% on the street for newness.
4. Is a lot size near 5,500 sq ft typical for Westwood?
It's close to average. The street average is 5,903 sq ft, and the neighbourhood average is higher at 6,491. Your lot is slightly smaller than the local norm, but not unusually so. It's typical for a standard urban lot in this part of the city—enough for a good-sized yard without being oversized.
5. What does the “below average” ranking in living area mean for resale value?
It's a factor, but not a decisive one. Buyers often care more about condition, layout, and location than a 100–200 sq ft difference. The high assessment and newer build help offset the smaller interior. For resale, the home will appeal to the same type of buyer it attracts now—someone who values a well-kept, newer home over maximum space.