120-545 Dale Boulevard

120-545 Dale Boulevard – Property Summary

Key Characteristics & Ideal Buyer Profile

This is a 779 sqft unit built in 2021, making it one of the newest properties in its street, neighbourhood, and city. Its assessed value is $228,000.

The property’s main appeal is its age. It ranks #1 on its street for year built and sits in the top 3% city-wide. For buyers who prioritize a newer build—modern construction standards, likely better energy efficiency, and less immediate maintenance than an older home—this unit stands out sharply in an area where the average home was built around 1990. The living area, however, is on the smaller side, below average for the street (903 sqft), neighbourhood (984 sqft), and city (1,042 sqft). This suggests the unit is compact, which may limit its appeal for those needing generous space but keeps the entry price lower than larger units nearby. The assessed value is around the midpoint city-wide, reflecting a balance between the newness premium and the smaller footprint.

This property would suit a buyer who values a low-maintenance, newer home over maximum square footage. First-time buyers looking to get into a newer build without the cost of a larger house, or downsizers wanting modern finishes and efficiency, would find it a strong fit. It may also appeal to someone who wants a property that requires less immediate renovation or system replacement compared to older stock in the area.

Five Possible FAQs

1. How does the property’s small living area compare to others in the area?
At 779 sqft, this unit is about 14% smaller than the average on its street and roughly 25% smaller than the city-wide average for comparable homes. If you plan to live alone, as a couple, or don’t need a lot of extra room, the size is manageable. But it’s worth checking closet space, storage, and room layouts to see if the floor plan uses the square footage efficiently.

2. Is the assessed value of $228,000 a realistic indicator of market price?
Assessed value is a guideline used for property tax calculations, not a direct market valuation. It suggests the property is moderately priced compared to city-wide averages. However, because the unit is so new and square footage is smaller, market prices could vary depending on demand for newer builds in Westdale and current sales of similar-sized units. A local realtor can provide a more current comparative market analysis.

3. What does “Elite” ranking for year built actually mean in practical terms?
The ranking means this property is newer than 97% of comparable homes city-wide. In practical terms, you’re likely getting a more up-to-date building envelope, mechanical systems, and materials than a typical Winnipeg home from the 1990s or earlier. That often translates to lower immediate repair costs and better insulation. But “newer” doesn’t guarantee zero issues—review the building’s warranty status and any known developer defects.

4. How does the property rank within the Westdale neighbourhood specifically?
In Westdale, the unit ranks #164 out of 197 for living area (below average) and #118 out of 197 for assessed value (around average). For year built, it ranks #1. So while the home sticks out for its newness, it’s on the smaller and more affordable side relative to the rest of the neighbourhood. This could mean less competition from families seeking larger spaces, but also fewer amenities or square footage than what neighbours typically have.

5. What is the “bar fill colour” mentioned in the rankings, and how should I interpret it?
The bar fill colour (red, blue, amber, or gray) indicates how much better or worse the property performs compared to peers in each category. For example, a red fill likely means it’s in a top tier—like the year built category. Blue or amber would indicate average or slightly below performance, and gray might mean a low ranking. In this case, expect strong red for year built, and more moderate fills for living area and assessed value. It’s a quick visual cue, not a substitute for the actual numbers.