310 Raquette Street – Property Summary
Key Characteristics & Buyer Profile
This 1,040 sq ft home, built in 1963, sits on a 5,122 sq ft lot in Winnipeg’s Westwood neighbourhood. The property is modest in size compared to nearby homes and city averages. On its own street, it ranks in the bottom quarter for living space and the bottom three-quarters for lot size. The assessed value of $350,000 is close to the street average but trails both the neighbourhood and city medians.
The appeal here isn’t about standout size or value. It’s a functional, mid-century home that fits a specific niche. For buyers who prioritize location over square footage, or who see potential in a smaller lot with less upkeep, this property offers a more accessible entry point into Westwood. It would suit first-time buyers looking for something solid and unpretentious, downsizers wanting a manageable property, or investors after a rental with reasonable carrying costs in a stable residential area. The value proposition is understated—this isn’t a flashy buy, but it’s a grounded one.
Frequently Asked Questions
1. How does this home compare to others on Raquette Street?
It’s smaller than most. The living area is 13% below the street average, and the lot is 4% smaller. However, the assessed value is nearly identical to the street median, suggesting pricing is in line with what neighbours are paying in property tax.
2. Is Westwood an expensive neighbourhood?
Moderately. The average assessment in Westwood is $392,000, so this property sits about 11% below that. It’s not a budget neighbourhood, but it’s not top-tier either. More expensive pockets exist within Westwood itself.
3. Why is the lot size ranked so low?
The lot is 5,122 sq ft, which is 21% smaller than the Westwood average and 22% smaller than the city average. Many homes in this area and across Winnipeg sit on larger plots, so this is a genuine limitation if you value yard space or expansion potential.
4. Does the 1963 build year matter for maintenance?
The build year is exactly average for the street, and slightly older than the neighbourhood and city medians (both 1966). That extra few years isn’t dramatic, but it’s worth checking the age of major systems—roof, furnace, windows—since mid-60s homes often need updates if not already done.
5. What’s the smartest angle for a potential buyer?
Look at it as a low-maintenance, lower-tax alternative to newer or larger homes in Westwood. The small lot reduces yard work, the assessed value keeps taxes manageable, and the street is established. If the interior is in decent shape, you’re buying a location and a solid shell, not a status symbol.