This is a 1,565 sqft home built in 1969 on a 6,192 sqft lot in Winnipeg’s Westwood neighborhood. Its strongest suit is its living area, which ranks in the top 20% on its street and top 27% citywide—meaning you get noticeably more indoor space than many comparable homes without stepping into a premium price bracket. The assessed value ($403,000) is around average for the street and city, but slightly above average for the neighborhood, which suggests the home offers good space for the money relative to its immediate surroundings. The year built is also a quiet highlight: it’s newer than most homes on the street (top 14%) and in the neighborhood (top 8%). The land area, while generous by street and city standards, is only average within the neighborhood itself, so the lot isn’t unusually large for Westwood but still beats most citywide comparisons.
The appeal lies in the balance: more square footage and a slightly newer build than typical for the area, without a major premium on assessed value. This isn’t a flashy home, but it’s a practical one where the numbers back up the feeling of getting solid space. It would suit buyers who prioritize interior square footage for a growing family, need a home office or extra living area, or want a layout that feels roomier without stretching into a higher cost bracket. It’s also a good fit for someone who values a newer roof, furnace, or major systems (implied by the 1969 build being relatively recent for the area industry), and who land size is less critical than indoor livability.
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How does the assessed value compare to similar homes nearby?
It’s around average on the street and citywide, but roughly $11,000 above the neighborhood average. This suggests the home’s larger interior and newer build are reflected in its valuation, but not drastically so—you’re not paying a luxury premium for the extra space.
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Is the lot size considered small or large for this area?
The lot is 6,192 sqft, which is above average for the street and city but around average for the Westwood neighborhood. Neighbors in this area tend to have slightly more land overall, so if a big yard is a priority, the street comparison is more favorable than the neighborhood one.
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What does the “year built” ranking really mean for maintenance?
Being built in 1969 puts it in the top 8% of newer homes in Westwood and top 14% on the street. While it’s not a new build, it’s newer than most of its immediate competition, which can mean fewer immediate updates needed to major systems like electrical, plumbing, or structure—but you’d still want an inspection to confirm.
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Why is the living area ranking stronger than the assessed value ranking?
The home’s size ranks much higher (top 20% on the street) than its value (top 37% on the street). This gap indicates that the market isn’t fully pricing in the extra square footage—potentially good value for a buyer who cares more about space than resale metrics.
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How does this property compare to a typical starter home in Winnipeg?
It’s well above a starter home’s typical living area (1,565 vs. city average of 1,342 sqft) and has a slightly newer build. The assessed value, however, is only about $13,000 above the city average—so you’re getting notably more house for a modest step up in price.