18 West Avenue – Property Summary
Key Characteristics & Buyer Suitability
This is a 1,470 sqft single-family home built in 1965 on a 6,093 sqft lot, with an assessed value of $410,000. Its standout feature is value at the street level. Among the 17 comparable homes on West Avenue, this property ranks first in assessed value (top 6%) and third in living area (top 18%), while the land and year built sit around the middle of the pack. That means you’re getting more house and more assessed value than most direct neighbours, without paying a premium for a newer build or an oversized lot.
The appeal here is practical rather than flashy. The living area (nearly 1,500 sqft) is noticeably above the street and city averages, which gives you comfortable interior space without the maintenance burden of a larger lot. The land is slightly larger than the street average but below the neighbourhood and city norms, so the yard is manageable. The home’s assessed value is well above the street average ($361k) but only moderately above the neighbourhood and city figures, suggesting the price reflects the local micro-market more than broader demand.
This property would suit buyers who want a solidly sized home on a decent lot in an established Winnipeg neighbourhood (Westwood), and who care more about having a top-tier home on their particular street than chasing the newest construction or biggest yard. It’s a good fit for someone looking for stable, above-average value in a mid-1960s home without the uncertainty of a fixer-upper or the cost of a fully renovated property. First-time buyers, small families, or downsizers who want one floor of decent space could all find it practical.
Five Possible FAQs
1. How does the home’s size compare to others nearby?
On West Avenue, it’s the third-largest home out of 17, with about 1,470 sqft versus the street average of 1,333 sqft. In the broader Westwood neighbourhood and across Winnipeg, it’s still above average but less of an outlier—ranking in the top 31–32% for living area.
2. Is the assessed value high for what you get?
Relative to the street, yes—it’s the highest assessed value among the 17 homes, at $410k vs. the street average of $361k. But in the neighbourhood and city, it’s only about 5% above the average. That suggests the street-level premium is real, but you’re not vastly overpaying for the area.
3. Why is the year built considered “around average” despite being 1965?
That ranking compares homes of similar type and vintage. While 1965 is a few years older than the street average (1967) and the neighbourhood average (1966), it’s within a narrow band. On a citywide scale, it’s right in the middle (top 53%), so it’s considered typical for a home of this class.
4. Is the lot size a concern?
It depends on your expectations. At 6,093 sqft, the lot is slightly above the street average (6,025) but below the neighbourhood (6,491) and city (6,570) averages. It’s not small, but if you’re used to a generous suburban yard, you might find it a bit tighter than surrounding properties.
5. How reliable are these rankings for making an offer?
They give a solid snapshot of how this home sits relative to similar ones nearby, especially at the street level where rankings are most meaningful. But they’re based on assessed values and public data, not recent sale prices. Use them as a baseline, then compare with actual sold prices in Westwood to gauge market reality.