167 Barron Drive – Property Summary
Key Characteristics & Buyer Profile
This is a 1,130-square-foot home built in 1965 on a 5,122-square-foot lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $320,000.
The property’s main appeal is its price point. It ranks in the bottom 10% for assessed value on its street and within the neighbourhood, meaning it’s one of the more affordable options in the area. The living area and land size are both below average locally—the lot is notably small compared to other Westwood properties, ranking in the bottom 93% for that metric. However, its age (1965) is typical for the street and neighbourhood, so it won’t stand out as either unusually old or new.
This home would suit a buyer who values affordability over space—someone who doesn’t need a large yard or extra square footage. It may also appeal to someone willing to invest in updates or a renovation, given the below-average valuation relative to the neighbourhood. It’s less suited for buyers seeking a turnkey family home with a spacious lot or those prioritizing resale value tied to land size.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
The assessment places this home at $320,000, which is about $72,000 below the Westwood average of $392,100. This suggests the home may have fewer updates, different interior finishes, or a less desirable condition than many nearby properties. It could also reflect the smaller living area and lot size.
2. How does the lot size compare to other homes in Westwood?
The property sits on 5,122 square feet, which is about 1,370 square feet smaller than the neighbourhood average of 6,491 square feet. It ranks among the smaller lots in the area (bottom 7%), so outdoor space is limited compared to typical Westwood homes.
3. Is this home considered old or new for the area?
It was built in 1965, which is within a year of the average for both the street and the neighbourhood. It’s neither notably old nor notably new—it’s in line with the typical age of homes in Westwood.
4. What does “rank” and “fill color” mean in the data?
The rank shows where the property stands compared to similar homes in a given area. For example, a rank of 50 out of 54 on the street means 49 homes have a higher assessed value. The fill color (red, blue, amber, or gray) indicates performance tier—whether the home is above average, below average, or around average for that metric. Longer bars mean it outperforms more peers.
5. How does this home compare citywide for living space?
At 1,130 square feet, it falls in the middle of the pack citywide (top 57%), meaning it’s fairly typical for Winnipeg as a whole. The key takeaway is that it’s not unusually small by city standards, just small relative to its immediate neighbourhood.