189 Wordsworth Way – Property Summary
Key Characteristics & Buyer Profile
This is a 1,163 sqft home built in 1964 on a 3,672 sqft lot in the Westwood area of Winnipeg. The property is notably smaller than average in every dimension—both the living area and lot size rank below typical homes on the same street, within the neighbourhood, and across the city. The assessed value is also well below the local and citywide averages, meaning property taxes are lower than most comparable homes.
The appeal here is straightforward: it offers a lower tax burden and entry price in a street where most homes are assessed significantly higher. The house itself is among the older structures on Wordsworth Way, built slightly earlier than the street average, but sits in a neighbourhood where construction dates are typical for the area. This isn’t a property that stands out for size or modernity; its value is more about affordability and location within an established neighbourhood.
This would suit a buyer who values a smaller lot and lower ownership costs over space, or someone who sees potential in a property that’s priced below the norm for its surroundings. It could also work for an investor or first-time buyer looking for a less competitive entry point in a stable residential area.
Frequently Asked Questions
1. How does the home compare to others on the same street?
It’s below average in living area, lot size, and assessed value, but slightly older than most. It ranks 88th out of 138 homes for living space and 137th out of 138 for assessed value, which means taxes are among the lowest on the block.
2. Is the small lot a concern for resale?
In this neighbourhood, the typical lot is nearly double the size. A smaller lot can limit future expansion or landscaping options, but it also means less maintenance and lower land-related costs—something some buyers actively seek.
3. What’s the property tax estimate based on the assessment?
With an assessed value of $251,000—well below the street average of $371,000—the annual tax bill should be proportionally lower. It’s worth confirming the exact rate with the city, but the ranking clearly signals a more affordable holding cost.
4. Why is the assessed value so much lower than the neighbourhood average?
The assessment reflects both the smaller lot and smaller living area compared to typical homes in Westwood. It’s not necessarily a sign of poor condition—the house is simply smaller and sits on less land than most nearby properties.
5. Does the age of the home mean more repairs are likely?
The house was built in 1964, which is earlier than the street average of 1962—so it’s actually slightly more recent than some neighbours. Still, a home over 60 years old will typically need upkeep. A pre-purchase inspection would give a clearer picture of the roof, mechanicals, and foundation.