120 Rouge Road – Property Summary

Key Characteristics & Buyer Suitability

This is a 1969-built home with 1,057 sq ft of living space on a 5,432 sq ft lot, located in Winnipeg’s Westwood neighbourhood. Its assessed value is $393,000.

The property’s main appeal lies in its construction quality relative to its surroundings. Built in 1969, it ranks among the newest homes on its street (top 5%) and well above average in the wider community (top 8%). For buyers who prioritize a newer build without paying a premium for a brand-new house, this represents a solid middle ground. The assessed value is notably higher than the street average (top 17%), which reflects either recent updates, better condition, or a desirable location within the block. At the same time, the living area is below average both on the street and in the neighbourhood, so buyers should be prepared for a more compact floor plan. The lot size is near the street average but smaller than typical for the area overall.

This property would suit buyers who value a well-maintained, newer vintage home in a stable, established neighbourhood, and who are comfortable with a smaller interior footprint. It may also appeal to those looking for a home that has held its value well relative to nearby properties, or who want a place that requires fewer immediate structural concerns than an older build might. First-time buyers or downsizers who prioritize condition over square footage could find it a good fit.

Five Possible FAQs

1. How does the living space compare to other homes in the area?
The home’s 1,057 sq ft is below the street average of 1,263 sq ft and below the Westwood neighbourhood average of 1,372 sq ft. It’s slightly below the citywide average as well. This is a smaller home relative to its peers, so if you need a lot of room, it may feel tight.

2. Is the assessed value in line with what similar homes are selling for?
The assessed value of $393,000 is above the street average ($352,000), on par with the neighbourhood average ($392,000), and near the citywide average ($390,000). It suggests the home is valued competitively for its immediate area but not overpriced relative to the wider market.

3. What does the construction year tell me about the home’s condition?
Built in 1969, the home is newer than most on its street (the street average is 1966) and newer than the broader Westwood area. This can mean better original construction standards and possibly fewer updates needed compared to older homes, but it’s still over 50 years old, so buyers should still inspect for typical age-related issues like windows, roofing, and mechanicals.

4. How does the lot size affect outdoor space or future plans?
The lot is 5,432 sq ft, similar to the street average (5,481 sq ft) but smaller than the neighbourhood and city averages (around 6,500 sq ft). It offers a reasonable yard but not a large one. If you’re hoping for a big garden, extensive landscaping, or extra space for additions, this lot may be limiting.

5. What type of buyer would this home not suit well?
It would be less ideal for buyers who need a large living area or a sprawling lot. Families with multiple children or anyone looking for an open, expansive floor plan may find the square footage restrictive. Likewise, those seeking a lower entry price or a fixer-upper with renovation potential might find the assessed value already reflects the home’s good condition, leaving less room for bargain hunting.