51 Sansome Avenue – Property Summary
Key Characteristics & Buyer Profile
This is a 1,109 sqft home on a 5,640 sqft lot, built in 1961, with an assessed value of $360,000. Its appeal lies in its relative affordability within the Westwood neighbourhood and citywide. The living area is below average compared to other homes on the same street and in the area, which is a trade-off for a purchase price that sits near the median for the street. The lot size, while below the neighbourhood and city averages, is still substantial and ranks around the middle for the street—offering more outdoor space than many newer infill homes.
One less obvious angle: properties on Sansome Avenue with below-average square footage but comparable lot sizes often appeal to buyers looking for a renovation project where they can add square footage without needing more land. The home’s 1961 construction date is older than many nearby houses, which could mean lower property taxes relative to newer builds, but also likely means older mechanicals and finishes.
This property would suit a buyer who values a central, established neighbourhood and is willing to accept a smaller-than-average home in exchange for a lower entry price. It may also appeal to someone planning a future expansion or major renovation, given the lot size. It is less suitable for a buyer seeking a turnkey, larger family home without significant work.
Five Frequently Asked Questions
1. How does this home compare to others on the same street?
On Sansome Avenue, this property ranks in the bottom 20% for living area and year built, but sits near the middle for assessed value (top 41%) and lot size (top 61%). That means you’re paying roughly average for the street, but getting less finished space and an older house than most neighbours.
2. Is the assessed value of $360,000 close to the market price?
Assessed value is a lagging indicator and often doesn’t reflect current market conditions. The home ranks near the street average for assessed value, but actual sale prices in Winnipeg can vary significantly depending on demand, condition, and recent renovations. You should use the assessment as a baseline, not a price guarantee.
3. What does “ranked top 60% citywide” mean for living area?
It means the living area is larger than about 60% of comparable homes across Winnipeg, but smaller than the top 40%. In other words, it’s on the smaller side of average citywide. For context, the citywide average for similar homes is 1,342 sqft, so this house is about 233 sqft smaller.
4. Is the lot size a limitation or an advantage?
At 5,640 sqft, the lot is below the Westwood neighbourhood average of 6,491 sqft, but still larger than many city lots. The advantage is that it’s still spacious enough for a garage, garden, or possible addition. The limitation is that you may not have as much yard space as other homes in the immediate area.
5. Why is the year built important for a buyer?
A home built in 1961 is over 60 years old. In practical terms, this often means the original structure may have outdated wiring, plumbing, insulation, and windows. Buyers should budget for potential upgrades. On the positive side, older homes in this era were often built with solid framing and mature neighbourhoods tend to have established trees and larger lots than newer subdivisions.