201-60 Windmill Way

Key Characteristics & Buyer Profile

This is a 1997-built, 877 sqft unit at 201-60 Windmill Way in Winnipeg's Westdale neighbourhood. The property sits below average in size compared to other units on its street, but is closer to the average for both the community and the city. Its assessed value of $167,000 is notably lower than the street, community, and city averages, which suggests it may be positioned as a more affordable entry point within this area.

The building’s age—1997—is older than the typical Westdale unit but newer than the citywide average. This means it’s likely part of an older development that may offer more established landscaping or lower density than newer builds, but could also mean less modern finishes or systems.

This property would suit a buyer looking for a smaller, more budget-conscious home in a well-established neighbourhood. It may appeal to first-time buyers, investors seeking lower entry costs, or those who prioritize location and affordability over square footage or brand-new construction. The below-average assessed value relative to the area could also appeal to buyers cautious about overpaying in a pricier market.

Five Possible FAQs

1. Why is the assessed value so much lower than the average for Westdale?
The property is roughly 10% smaller than the average in the area and was built about a decade earlier than most units nearby. Both factors contribute to a lower assessment. It’s not necessarily a red flag, but it does suggest the unit may have less updated finishes or amenities compared to newer developments in the neighbourhood.

2. How does an 877 sqft unit compare to other homes in the area?
On this street, 877 sqft is below average—only about 16% of units are smaller. In Westdale as a whole, it’s closer to the norm, slightly below the 984 sqft average. So it’s compact but not unusually small for the broader community.

3. Does the 1997 build year mean the property is outdated?
Not necessarily. 1997 is newer than many homes citywide. However, compared to the Westdale average build year of 2008, it’s older. Systems like HVAC, windows, and roofing may be due for updates depending on maintenance history. A home inspection would clarify how much has been refreshed.

4. Is this property a good investment for a rental?
It could be, if the purchase price reflects the lower assessed value. A lower entry cost in a stable area like Westdale can work well for rental cash flow—especially if the unit is smaller, which often means lower utility and maintenance costs. However, you’d want to compare recent sale prices of similar-sized units on the same street to confirm the deal.

5. How does this unit compare to a typical starter home?
It’s smaller than a typical single-family starter home, but comparable to many condo or townhouse entries. For a single person or couple looking for something manageable with lower property taxes, it fits the bill. The trade-off is less space and likely less storage, but potentially lower monthly costs.