Here is the summary of 334 Rouge Road, written in a natural, standalone format suitable for a webpage.
Key Characteristics & Who It Suits
This 1,064 sqft bungalow, built in 1964, sits on a 5,531 sqft lot in Winnipeg’s Westwood neighbourhood. Its main appeal lies in its lot size relative to the street—the property ranks in the top 36% for lot size on Rouge Road and is around average citywide. This means the yard offers more breathing room than many other homes nearby. A less obvious perspective: while the living area and assessed value sit below average for the street and neighbourhood, the land itself holds comparative value, which can be a quiet advantage for future expansion or simple outdoor privacy.
The home's appeal is not in flashy metrics but in its solid, unflashy foundation. It suits a buyer who prioritises usable land over finished square footage—someone who is happy to work with a smaller footprint in exchange for a larger outdoor space, or who sees potential in a property that is priced below the neighbourhood median ($318k vs. the Westwood average of $392k). This is a practical choice for a first-time buyer, a downsizer looking for a single-level home with a good yard, or an investor interested in a property with below-average competition on the street.
Five Possible FAQs
1. How does the price compare to other homes in Westwood?
The assessed value of $318,000 is well below the Westwood neighbourhood average of $392,100 (ranking in the bottom 8%). This makes it one of the more affordable properties in the area. Keep in mind this assessment reflects its smaller living area and below-average street ranking for value.
2. Is the living area really that small compared to others?
Yes. At 1,064 sqft, it’s smaller than 85% of comparable homes on Rouge Road and 87% of those across the Westwood neighbourhood. However, it sits right around the citywide average for similar properties, so it is not unusually small by Winnipeg standards.
3. What is the lot size and why does it matter?
The lot is 5,531 sqft. While it is below average for Westwood (where lots average 6,491 sqft), it is actually slightly above average for homes on Rouge Road itself. For buyers who value garden space, a garage addition, or simply less proximity to neighbours, this is the property’s strongest feature.
4. How old is the house, and does that affect its condition?
It was built in 1964, which is around average for both the street and the city. The age is not a red flag, but it suggests the home likely has original systems or finishes that may need updating. It is an ideal candidate for a buyer comfortable with cosmetic or mechanical renovations.
5. What does "Top 85%" or "Top 87%" actually mean in the data?
This is the property's rank compared to similar homes. "Top 85%" means it is in the bottom 15% for that metric—it outperforms only about 15% of homes. So on Rouge Road, a living area ranking of 106 out of 125 (top 85%) means the home is smaller than the vast majority of nearby houses.