20 Thackeray Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1963-built home on a notably large lot (6,822 sqft), which ranks in the top 18% citywide for lot size. The living area (1,144 sqft) is slightly below the neighbourhood average but essentially on par with the street and city medians—this isn’t a spacious home, but it’s not unusually small for its context. The assessed value of $398k sits above the street average and right around the neighbourhood and city norms. What stands out here is the lot: it places in the top quarter of the street and the top fifth of the neighbourhood, which is a meaningful advantage for anyone who values outdoor space, gardening, or future expansion potential. The home’s age also places it among the oldest on the street (ranked #1 out of 18), which may appeal to buyers looking for original character or a renovation project, but could also signal deferred maintenance. The overall picture is a property that isn’t flashy in square footage or price, but offers a strong land position in a stable, middle-tier Winnipeg neighbourhood—well-suited for a buyer who prioritises lot value over interior size, or who wants room to add value through updates.
Possible FAQs
1. How does this home compare to others on the same street?
It has the oldest construction year on Thackeray Avenue (tied with others from 1963), the second-highest assessed value, and the fourth-largest lot. Its living area is around average for the street.
2. Is the neighbourhood considered desirable?
Westwood ranks in the top third for assessed value citywide and top quarter for lot size, but living areas here tend to be smaller than average. It’s a solid, mid-range area rather than a premium one.
3. What does “top 18% citywide for lot size” actually mean?
Out of nearly 195,000 comparable Winnipeg properties, this lot is larger than about 158,000 of them. It places well above the city median of 6,570 sqft.
4. Would this be a good investment property?
Potentially, because the land value is strong relative to the assessed value. If the home itself is dated, there may be room to increase equity through renovations—but the living area is modest, which limits resale upside unless you expand.
5. What should I look out for with a 1963 home?
Original systems (roof, furnace, windows, electrical) are likely at or near end of life unless replaced. The age is a factor, but the large lot also offers flexibility for additions or redevelopment down the line. A thorough home inspection is strongly recommended.