50 Coleridge Park Drive – Property Summary
Key Characteristics & Buyer Profile
This 2,697 sqft home built in 1972 sits on a 6,090 sqft lot in Winnipeg’s Westwood neighborhood. What stands out most is the interior space: the home ranks in the top 1% for living area within the neighborhood and top 2% citywide, meaning it offers significantly more room than most comparable homes in the area. The assessed value of $678,000 reflects that—it’s in the top 2% for the neighborhood and top 4% across Winnipeg.
The appeal lies in getting substantial square footage without paying for a sprawling lot. The land is smaller than average for the immediate street (bottom 6%), but that’s common for homes built in the early 1970s in established neighborhoods. Buyers get more house and less yard maintenance, which can be a practical trade-off. The neighborhood itself is well-established (median build year around 1966), so mature trees and an entrenched community are part of the package.
This property would suit buyers who prioritize indoor living space over outdoor acreage—families needing room to spread out, or someone who wants a larger home in a central, older suburb without the premium of a newer development. It’s less ideal for those wanting a big backyard or a newly built house. The value is in the house itself, not the lot.
Frequently Asked Questions
1. How does the living area compare to typical homes in Winnipeg?
The home is 2,697 sqft, which places it in the top 2% citywide. The average living area for comparable homes across Winnipeg is 1,342 sqft—so this is roughly double that. Within Westwood, it’s even more exceptional: top 1% against a neighborhood average of 1,372 sqft.
2. Is the assessed value above or below what similar homes sell for?
The assessed value of $678,000 is above the street average of $580,400 and well above the neighborhood and city averages (around $390,000). That said, “assessed” value isn't always the same as market value—it's a baseline used for property taxes. Comparable sales in the immediate area would give a clearer picture of current market pricing.
3. Why is the lot size smaller than other homes on the same street?
The land is 6,090 sqft, ranking 45th out of 48 homes on Coleridge Park Drive, where the average lot is 9,143 sqft. This suggests many neighboring homes were built on larger parcels, possibly before the street was fully developed, or on different lot configurations. It’s not unusual for a 1972 home in this area, and the trade-off is a larger footprint for the house itself.
4. How does the year built affect things like maintenance or renovations?
Built in 1972, the home is around average for the street and slightly newer than the neighborhood median of 1966. For a 50+ year-old home, major systems (roof, furnace, windows, plumbing) may have been updated—or may be due. Buyers should plan for a thorough inspection. Older construction often means solid framing but less efficient insulation and older electrical.
5. What does the “neighbourhood analysis page” offer that this summary doesn’t?
That page—accessible via the “Open neighbourhood map analysis” link—lets you compare this property side-by-side with nearby homes on a map, filtering by year built, living area, assessed value, and lot size. It’s useful if you want to see how this home stacks up against a specific few nearby rather than broad averages.