Summary: 219 Whitegates Crescent, Winnipeg
Key Characteristics & Suitability
This is a 1,219 sqft home built in 1967, sitting on a 5,249 sqft lot. Its assessed value is $371,000. The property’s strongest feature is its age: it’s newer than most homes on the street (top 21%) and in the Westwood neighbourhood (top 26%), which is notable in an area where the average build year is 1966. This suggests the home may have required fewer major updates than nearby properties of similar vintage.
The lot is on the smaller side—below average for both the street and neighbourhood—which is worth noting if outdoor space or a large yard is a priority. The living area and assessed value are both around average for the area, putting it squarely in the middle of the market.
The appeal here is balance. This isn’t a standout in any one category, but it avoids any major red flags. It would suit a buyer who wants a reasonably well-maintained, modest home in a stable neighbourhood without paying a premium for oversized land or a fully renovated interior. First-time buyers or those downsizing from a larger property might find it practical. It could also work for someone who values a newer roof, furnace, or windows (common updates for a home of this era) but doesn’t want to pay for a full gut renovation.
Frequently Asked Questions
1. How does this property compare to others in Westwood?
It’s fairly typical for the neighbourhood in terms of living area and assessed value. The main difference is the newer build year, which may mean less deferred maintenance. The lot is smaller than average, so if you’re comparing with neighbours, expect a more compact yard.
2. Why is the lot size considered “below average” but the property still valued around average?
Lot size is only one factor in assessed value. In Westwood, many homes have larger lots, but the condition, layout, and interior updates of this home likely compensate. A smaller lot can also mean less upkeep, which some buyers prefer.
3. Is the assessed value of $371,000 realistic for this property?
It’s within a few percent of the street and neighbourhood averages, so it aligns with local market norms. However, assessed value isn’t the same as market price—it’s a baseline used for taxation. Final sale price depends on condition, upgrades, and buyer demand.
4. What should I look for given the 1967 build year?
Homes of this era often have original plumbing (galvanized or copper), electrical (aluminum wiring was used in some 60s builds), and insulation that may not meet current standards. Check the age of the major systems: furnace, roof, windows, and foundation. The newer-than-average build year is a positive sign, but it’s not a guarantee.
5. Would this property work as a rental or investment?
Possibly, if you’re targeting the middle of the rental market. The size and lot aren’t oversized, so it could appeal to small families or couples. The assessed value is typical for the area, so rental income would likely follow local averages. Just factor in potential maintenance costs for a home that’s nearly 60 years old.