18 Frost Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a well-above-average property in Winnipeg’s Westwood neighbourhood, particularly notable for its generous living space. At 2,020 square feet, it ranks in the top 6% locally and top 10% citywide—about 650 square feet above the average home in the city. The lot is also slightly larger than typical for the area at 6,821 square feet.
Built in 1968, it’s one of the newer homes on Frost Avenue, ranking second out of twenty. The assessed value of $482,000 sits comfortably above the street average ($429,200) and the neighbourhood average ($392,100), reflecting the extra space and land without being the most expensive property on the block.
The appeal here is practical: you get a genuinely spacious home and yard in an established neighbourhood, without paying a premium for a brand-new build or a trendy area. The property suits buyers who value interior square footage and a decent lot over cosmetic updates or a prime location. It would work well for a family needing room to spread out, someone looking for a solid mid-century house with good bones, or a buyer who wants better-than-average comparables for resale potential. It’s less suited to someone seeking a compact, low-maintenance home or a turnkey modern aesthetic.
Frequently Asked Questions
1. How does this property compare to others in Westwood?
The home outperforms the neighbourhood average in every key metric: living area (top 6%), assessed value (top 10%), and year built (top 18%). The only category where it’s merely average is land area within Westwood itself, though it’s still slightly above the street median. Overall, it’s a strong performer for the area.
2. Is the assessed value of $482,000 likely to be accurate?
Assessed values in Winnipeg are based on market conditions from a set valuation date, so they’re a directional guide rather than a current price tag. This home’s value is consistent with its size and ranking, but actual sale prices can vary depending on interior condition, upgrades, and buyer demand at time of sale.
3. What does “comparable homes” mean in these rankings?
The system compares this property to others in the same geographic scope (street, neighbourhood, city) that have similar characteristics—primarily single-family homes of a comparable type and era. It’s not a comparison against all housing types, so the rankings give a fair sense of how this house stacks up among its peers.
4. How large is the property relative to the house?
The land area is 6,821 square feet, which is about 3.4 times the footprint of the house if it were a single-storey home. Given the 2,020 square feet of living space, the home is likely two-storey or split-level, meaning there’s a reasonable yard left over—slightly more than the neighbourhood average lot.
5. Would this property appeal to renovators or investors?
Potentially, but not for a quick flip. The home is already ranked high for its size and age, so the value-add opportunity isn’t in adding square footage. A renovator might find upside in updating interiors, especially if the finishes are dated, but the property’s relative value is already strong for its category. Investors would likely see it as a stable, long-term hold in a solid neighbourhood rather than a high-turnover opportunity.