172 Rouge Road – Property Summary
Key Characteristics & Who It’s For
This is a 1967-built home with 1,272 sq. ft. of living space on a 5,533 sq. ft. lot, located in the Westwood neighbourhood of Winnipeg. What stands out is how balanced the property is across most metrics: the living area and assessed value ($361k) are close to the street and city averages, while the year built is slightly newer than many nearby homes (ranking in the top 30% on the street and top 26% in the neighbourhood). The lot size is slightly below the neighbourhood average but still lands in the middle citywide.
The appeal here isn’t about being the biggest or the newest—it’s about being predictable and solid. For a buyer, that means fewer surprises. You’re not paying a premium for an oversized lot or an unusually high assessment, and the home sits in a sweet spot where it’s newer than many surrounding properties without being a recent build that might come with a higher price tag. This property would suit someone looking for a straightforward, well-established home in a mature area—perhaps a first-time buyer or a small family who values consistency over standout features. It’s also a good fit for someone who wants to avoid the extremes: not too small, not too old, not overpriced for the street.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $361k is slightly above the street average ($351.5k) but below both the neighbourhood average ($392.1k) and citywide average ($390.1k). It ranks in the top 38% on the street, meaning it’s higher than about 62% of homes on Rouge Road but more modest compared to the broader Westwood area.
2. Is the lot size considered small for the neighbourhood?
Yes, the lot is 5,533 sq. ft., which is below the Westwood average of 6,491 sq. ft. (ranking in the bottom 28% of the neighbourhood). However, it’s actually slightly above the street average of 5,481 sq. ft., so it’s not out of place on Rouge Road itself. Citywide, it lands near the middle.
3. How old is the home, and is that a concern?
Built in 1967, it’s newer than the median on the street (1966) and in the neighbourhood (also 1966). It ranks in the top 26% of Westwood for newer construction. While it’s not a new build, it’s younger than many homes in the area, which could mean fewer immediate updates compared to a 1950s property—though typical 1960s systems (furnace, roof, windows) may still need attention depending on previous maintenance.
4. How does the living area compare to other homes in the city?
At 1,272 sq. ft., it’s close to the citywide average for comparable homes (1,342 sq. ft.) and right on the Rouge Road average (1,263 sq. ft.). It ranks in the top 44% citywide, so it’s slightly above the middle but not unusually spacious. It’s a typical size for a 1960s-era home in Winnipeg.
5. What’s the neighbourhood like in terms of home values?
Westwood shows a bit of a split: the property’s assessed value is below the neighbourhood average, yet the home itself ranks above average for age. That suggests the area has a mix of older, lower-value homes and newer or updated properties pulling the average up. This home sits comfortably in the middle—neither dragging the street down nor standing out as a high-end outlier.