Key Characteristics & Buyer Profile
This is a 1,219 sqft home on Maureen Street in the Westwood area of Winnipeg, built in 1967, with a lot size of 5,119 sqft and an assessed value of $416,000. Its appeal lies in solid, middle-of-the-pack metrics that avoid extremes. The living area is nearly average for its street, neighbourhood, and the city as a whole—nothing oversized, nothing cramped. The assessed value, however, ranks higher: top 21% on the street and top 24% in Westwood, suggesting the property holds value better than its raw square footage might imply. The lot is notably below the neighbourhood average (ranking in the bottom 4% locally), which can mean less yard maintenance and a more modest footprint in an area where larger lots are typical.
This property would suit a buyer who values predictability over standout features. It’s a good fit for someone looking for a home that sits comfortably within local norms, rather than pushing boundaries. The below-average lot might appeal to those who don’t want a big garden or extra land to manage, but still want to be in a neighbourhood where larger lots are common—offering a quieter, less exposed position on the street. Build year is right at the street average, so it’s from a stable era of construction. A practical buyer, likely a couple or small family, who sees this as a reliable, unflashy home in an established area.
Five Possible FAQs
1. How does the assessed value compare to similar homes in the area?
It’s above average for both the street (top 21%) and the neighbourhood (top 24%). The assessed value of $416,000 is noticeably higher than the street average of $379,000 and the Westwood average of $392,000. This suggests the home may have had updates or features that aren’t fully reflected in its living-area size alone.
2. Is the lot size a concern compared to other Westwood properties?
It could be, depending on your priorities. At 5,119 sqft, the lot is well below the Westwood average of 6,491 sqft (ranking in the bottom 4%). If you’re used to larger lots in this neighbourhood, this one will feel compact. But if you prefer less lawn care and a more contained outdoor space, it’s actually a practical advantage.
3. What’s the significance of the 1967 build year?
Homes from that era are common in this area, and this one is slightly newer than the neighbourhood median. Build quality from that period is generally solid, but you should expect typical mid-century features unless renovations have been done. Being on a street where most homes were built the same year can also mean consistent character and infrastructure age.
4. How does the living area measure up against other homes in Winnipeg?
At 1,219 sqft, it’s just below the city average of 1,342 sqft, ranking in the top 48% citywide. That means it’s a middle-size home—not cramped, not spacious. It’s livable for a small family but might feel tight if you need dedicated office or guest space without repurposing rooms.
5. Why does the property rank highly in assessed value but not in size?
That’s a key detail. The assessed value outperforms both size and lot rankings, which can happen when a home has been well-maintained, updated, or located on a favourable part of the street. It suggests the value is driven by condition or desirability factors beyond just square footage, making it a stronger investment relative to its physical footprint.