223 Rouge Road – Property Summary
Key Characteristics & Buyer Fit
This is a 1,196 sqft home built in 1964 on a 5,563 sqft lot, located in Winnipeg’s Westwood neighbourhood. The property sits at an approachable middle ground across most benchmarks. Its lot size is the standout feature: above average on the street (top 30%) and slightly better than the citywide median. Living area and assessed value ($349k) fall close to their respective averages at every level—street, neighbourhood, and city—which means there are no surprises for size or tax implications.
The appeal lies in predictability and relative land value. A buyer gets a home that matches the typical profile for its area without paying a premium for upgrades or square footage. It suits someone looking for a solid, no-fuss entry into a established neighbourhood, where the lot offers room for outdoor space or future expansion. It’s less suited to someone seeking a move-in-ready modern finish or a property that stands out on paper.
Frequently Asked Questions
1. How does the lot size compare to nearby homes?
On Rouge Road, this lot is larger than about 70% of comparable homes, though it’s slightly below the Westwood neighbourhood average. It offers more yard space than many similar properties on the same street.
2. Is the assessed value in line with the market?
The assessed value of $349k is just below the street average of $351.5k and noticeably below the neighbourhood average of $392.1k. This could mean lower property taxes relative to nearby homes, but it may also reflect the home’s age or condition.
3. What year was the house built, and is that typical for the area?
Built in 1964, it falls within the typical range for the neighbourhood, where the average construction year is 1966. It is slightly older than about 38% of homes on the street.
4. Does the living area feel small compared to other homes?
At 1,196 sqft, it is close to the street and city averages. It would not feel unusually small, but buyers expecting a larger footprint should note it ranks in the bottom half citywide (top 51%). It’s a standard size for a property of this era and price point.
5. What is the surrounding neighbourhood like?
Westwood is a mid-century residential area in Winnipeg. The home’s rankings suggest it blends in well—neither an outlier for size, age, or value. This often means stable property values and a consistent character among neighbouring homes.