120 Coleridge Park Drive – Property Summary

Key Characteristics & Buyer Profile

This 1,372 sqft bungalow built in 1970 sits on a notably large 7,362 sqft lot in Westwood. Its main draw is the land: citywide, it ranks in the top 14% for lot size, and in the neighbourhood it’s in the top 15%. The house itself is more modest—below average for its own street, but right around average for the wider city and neighbourhood. The assessed value ($422,000) tells a similar story: it’s low compared to other homes on Coleridge Park Drive (top 92%), but above average for Westwood and slightly above the city median.

What makes this property interesting is the mismatch between the house and the lot. On its street, larger, likely newer homes push averages up in both size and value. But within Westwood and Winnipeg broadly, this home sits in a comfortable middle—neither a fixer-upper nor a premium finish. The lot is the real asset, offering space that’s increasingly rare.

Who it suits: Buyers who value outdoor space over interior square footage, and who are comfortable with a house that’s solid but not showy. It’s a good fit for someone looking to add a garage, workshop, or garden, or for a family who wants room for kids to play without paying for a full-sized newer home. First-time buyers or downsizers who don’t need a big interior but want a yard will also find it practical. Because the house is older but well-maintained (based on its assessed value relative to the neighbourhood), it’s not a renovation project per se, but a buyer with modest DIY skills could add value over time.

Frequently Asked Questions

1. How does the living area compare to other homes nearby?
It’s below average for Coleridge Park Drive itself—many homes on this street are closer to 2,000 sqft. But compared to Westwood and Winnipeg overall, 1,372 sqft is right around the typical size for similar properties. So it’s small for the immediate block but not unusual for the area.

2. Why is the assessed value low for the street but high for the neighbourhood?
The street has several larger, likely updated homes that push the average value up to $580,000. This home’s $422,000 valuation reflects its smaller size and older age relative to those neighbours. But in Westwood as a whole, where average values are around $392,000, it sits slightly above average—meaning it’s a reasonably solid property in a modestly priced area.

3. Is the land big enough to subdivide or build a secondary suite?
At 7,362 sqft, the lot is larger than most in Westwood and the city. Whether you can subdivide depends on local zoning rules (R1, R2, etc.), which aren’t included in this data. You’d need to check with the city, but the size alone makes it worth investigating if you’re considering a duplex or laneway home.

4. What does the “top 6%” for year built in Westwood mean?
It means this home is newer than 94% of properties in the neighbourhood. While 1970 isn’t particularly new by city standards (it’s in the top 48% citywide), Westwood has a higher proportion of older homes—many from the 1960s or earlier. So this house offers modernish construction without the premium of a newer build.

5. How reliable are the rankings and averages shown?
They’re based on public assessment data for comparable homes—same property type and general characteristics—ranked within each scope. “Average” here is a rough median, not a precise mean. The bar fill shows how many peers you outperform on that metric. It’s a useful shorthand, but not a substitute for an in-person walkthrough or a detailed market analysis.