242 Sansome Avenue – Property Summary
Key Characteristics & Buyer Suitability
This is a 1,577 sqft home built in 1966 on a 5,876 sqft lot in Westwood, Winnipeg. Its standout feature is location: on Sansome Avenue, it ranks in the top 10% for living area and top 2% for assessed value among 93 comparable homes on the street. That means it’s one of the larger, more valuable properties on its block, which can offer both a sense of stability and strong resale potential relative to immediate neighbours. The assessed value of $426k is noticeably above the street average of $356.2k, indicating the home carries a premium within its immediate context.
The appeal is rooted in solid, above-average metrics without being exceptional citywide. While the lot size is average for the neighbourhood, the home itself is larger than most nearby, making it a practical choice for someone who values indoor space over a sprawling yard. The build year is also slightly newer than the street average, which may mean fewer immediate updates compared to older homes on the block.
This property suits buyers who want a well-positioned home in a respected Winnipeg neighbourhood without chasing top-tier citywide rankings. It’s a good fit for families or professionals who prioritize a strong local address, decent square footage, and a home that doesn’t feel like a fixer-upper. It’s less suited to someone looking for a large lot, a newer build, or a bargain-priced entry into the market.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The home is assessed at $426k, which is well above the Sansome Avenue average of $356.2k (top 2% on the street) and above the Westwood neighbourhood average of $392.1k (top 21% in the area). Citywide, it sits around the middle at the top 33%. So you’re paying a premium for a standout home on its street, but not for a citywide outlier.
2. Is the lot size typical for Westwood?
The lot is 5,876 sqft, which is slightly above the street average (5,792 sqft) but below the Westwood neighbourhood average (6,491 sqft). It ranks in the top 54% locally, meaning it’s on the smaller side for the area. If you want a bigger yard, you’d need to look deeper into the neighbourhood.
3. When was the house built, and does that affect the ranking?
It was built in 1966, which is newer than the average home on Sansome Avenue (1963) and matches the Westwood and citywide averages. It ranks top 8% on the street for build year, so it’s a bit more modern than its immediate neighbours. That can be helpful if you want to avoid major systems replacement right away.
4. How does the living area compare to other homes in Winnipeg?
At 1,577 sqft, it’s above the citywide average for comparable homes (1,342 sqft) and ranks in the top 27% across the city. Locally, it’s top 10% on Sansome Avenue and top 20% in Westwood. So you’re getting noticeably more indoor space than most homes in the city.
5. What does “top 2% on the street” for value actually mean?
It means only one other home on Sansome Avenue has a higher assessed value out of 93 properties. This can signal that the home is one of the most desirable or upgraded on the block, which may help with future resale. However, it also means you’re paying a premium relative to your immediate neighbours, so your property taxes and purchase price will reflect that.