63 Keats Way – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,186-square-foot home built in 1965 on a 6,146-square-foot lot in Winnipeg’s Westwood neighbourhood. The assessed value is $374,000.

What stands out here is the land. While the house itself is slightly smaller than average for the street, the lot is above average for Winnipeg as a whole—ranking in the top 28% citywide. That means the property offers more outdoor space than most comparable homes in the city, which is increasingly uncommon in established neighbourhoods.

The home is also one of the older ones on Keats Way (built in 1965, ranking 2nd oldest out of 33 on the street). Many nearby homes were built around the same time, but this one edges ahead in age even within that group. For buyers who prefer a solid older build with good bones, rather than a newer or renovated property, this could be appealing.

The assessed value sits slightly below the neighbourhood average ($374K vs. $392K), which may reflect the smaller living area or a need for updates. It's not a bargain, but it's not priced at the top of the market either.

Who it suits: Buyers who prioritize a spacious lot over a large house—gardeners, families with kids who want a yard, or anyone looking for room to add on or build a garage. Also suited to those who appreciate a well-established, older Westwood home without paying a premium for turnkey finishes. Less suited to someone looking for a move-in-ready, maximally updated house or a very low-maintenance property.

Five Possible FAQs

1. How does the living area compare to other homes in the area?
The house is 1,186 square feet, which is slightly below the street average (1,294 sqft) and the neighbourhood average (1,372 sqft). It ranks in the top 67% on the street and top 52% citywide—so it's smaller than many nearby homes, but not unusually small for Winnipeg overall.

2. Is the assessed value a good indicator of market price?
Assessed value is a public estimate, not a guaranteed sale price. At $374,000, it's below both the neighbourhood and citywide averages for comparable homes, which may reflect the smaller living area. In a competitive market, the larger lot could push the sale price higher than the assessment.

3. What's the lot actually like?
The lot is 6,146 square feet, which is slightly below the street average (6,282 sqft) but well above the citywide average (6,570 sqft). It ranks in the top 28% citywide—meaning most homes in Winnipeg sit on smaller parcels. Expect a good-sized yard with room for gardens, play equipment, or future expansion.

4. Are there any concerns about a 1965 build?
Homes from the 1960s can have original systems (electrical, plumbing, insulation) that may need updating. However, older homes in Westwood are often well-built with solid foundations. A home inspection is recommended to check for any deferred maintenance, especially windows, roof, and the furnace.

5. How does this property compare to others on Keats Way?
It's one of the smallest houses on the street but also one of the oldest, and it has one of the lower assessed values. The lot size is roughly average for the street. It's not the standout property in any category, but the combination of a modest house on a generously sized lot gives it a practical value that's less common.