Here is the summary of the property at 29 Acorn Place, written for direct display.

Key Characteristics & Ideal Buyer Profile

This is a 1973 home with 948 square feet of living space on an unusually large 8,872-square-foot lot. The property’s main appeal is the land. It ranks in the top 4% of lots on the street and top 9% citywide, which is a significant outlier in Westdale. The house itself is modest in size—slightly below the neighborhood average and well below the citywide average for comparable homes. The assessed value of $245,000 reflects this, landing in the bottom tier for both the neighborhood and city. The year built is a standout on the street itself (it’s the newest on Acorn Place), but it’s fairly typical for the broader Westdale area.

The appeal here is not a move-in-ready, updated interior. This property suits a buyer who values outdoor space over square footage—someone looking for a large private yard, gardening potential, or room for a workshop, shed, or future expansion. It may also appeal to someone who wants a later-1970s build (often offering better insulation and modern wiring than mid-century homes in the same price range) without paying a premium for a finished basement or high-end finishes. A first-time buyer willing to take on some cosmetic updates or an investor looking for land value in a stable neighborhood would find this a realistic fit.

Frequently Asked Questions

1. Is the living area considered small for Westdale?
Yes, it’s slightly below the neighborhood average of 1,029 square feet. However, it’s not unusually small for the street itself, where the average is 935 square feet. The home is compact but not an outlier within its immediate block.

2. What does the lot size actually allow?
At nearly 9,000 square feet, the lot is roughly double the street average. This provides substantial room for a large garden, a detached garage or shed, play equipment, or even a future addition—subject to local zoning bylaws. It is one of the largest residential lots on Acorn Place.

3. Why is the assessed value relatively low?
The assessed value of $245,000 is below the street average ($263k) and well below the neighborhood average ($307k). This largely reflects the smaller living area and likely the condition of the home itself, not the land. In Winnipeg’s assessment model, the structure’s size and condition significantly impact value, so a modest house on a large lot often has a lower assessment than a larger home on a smaller lot.

4. Is the home considered old or new for this area?
It was built in 1973, which makes it one of the newer homes on Acorn Place (ranked #1 out of 28). Compared to Westdale overall, it’s above average. Citywide, it’s right around the median. So it’s not a new build, but it’s newer than many nearby properties.

5. Is this a good property for a home renovation or expansion?
Potentially, yes. The large lot offers physical space to add square footage, and the 1973 build date means the home likely has modern-ish electrical and plumbing systems, which can simplify renovation work. However, a buyer should always verify setback requirements, zoning restrictions, and any neighborhood design guidelines before planning an addition. The low assessed value also suggests the current structure may need updating, so the purchase price may leave room in the budget for improvements.