Key Characteristics & Buyer Profile
This is a 1964-built home on Raquette Street in Winnipeg’s Westwood neighbourhood. It offers 1,482 sq. ft. of living space on a 5,636 sq. ft. lot. The assessed value for property tax purposes is $360,000.
What stands out is how the property compares locally versus city-wide. On its own street, the home ranks in the top 6% for living area and top 17% for lot size—so it’s a noticeably larger property relative to immediate neighbours. The assessed value also sits above the street average, in the top 27%. But zoom out to the broader Westwood area or across Winnipeg, and these numbers flatten. The home is close to average for both value and size at the city level, and slightly below average for lot size within the community. The build year (1964) is also fairly typical—neither notably old nor new for the area.
The appeal here is subtle. You’re getting one of the bigger homes on a good street, without paying a premium relative to the wider market. That’s attractive for someone who wants standout space in a specific pocket, but isn’t interested in a trophy property or a fixer-upper. It would suit a buyer who values local context—someone who knows the street and wants a home that’s above par there, rather than chasing the newest or biggest house in the city. It’s a solid, middle-of-the-road option for a family or couple looking for established neighbourhood character, not flash.
Five Possible FAQs
1. Is the assessed value of $360,000 a reliable indicator of market price?
Assessed value is for property tax purposes, not a market appraisal. This home sits above the street average ($344,000) but below the community average ($392,000). Its street ranking is stronger than its city-wide one, so the local market may price it differently depending on demand in Westwood.
2. How does the lot size compare to other homes in Westwood?
The 5,636 sq. ft. lot is larger than the street average (5,345 sq. ft.) but below the community average (6,491 sq. ft.) and the city average (6,570 sq. ft.). So it’s a decent-sized lot for the immediate neighbours, but not generous by broader Westwood standards.
3. Is the 1964 build year a concern for maintenance or renovations?
It’s typical for the area—most homes on the street were built around 1963. That means many houses share a similar age and likely similar systems (roof, windows, mechanicals). A buyer should budget for updates depending on what’s been done, but the home isn’t unusually old for its setting.
4. What does “top 6% for living area on the street” actually mean in practice?
Of 139 homes on Raquette Street, this one ranks 9th largest. That’s a genuinely big house for that street. But compared to the rest of Westwood (ranked top 29%) or Winnipeg (top 32%), it’s much closer to average. The advantage is local: more space than your immediate neighbours, not more than the city.
5. Why does the lot rank better on the street than in the community?
Lot sizes vary more within Westwood than on Raquette Street itself. On this street, the average lot is smaller (5,345 sq. ft.), so a 5,636 sq. ft. lot stands out. But across Westwood, many lots are closer to 6,500 sq. ft., so the same lot looks less remarkable. It’s a reminder that street-level data can be more useful than neighbourhood averages when assessing a specific property.