Key Characteristics & Buyer Profile

This is a 1963 single-family home on Wordsworth Way in Winnipeg’s Westwood neighbourhood, with 1,179 sq ft of living space on a 5,874 sq ft lot. Its assessed value sits at $353,000.

The property’s main draw is its solid, middle-of-the-pack position across most metrics. It’s not the biggest or newest on the street, but it’s not trailing behind either. The lot is on the smaller side relative to immediate neighbours—that could be a plus if you prefer less yard maintenance. The build year places it among the older homes on Wordsworth Way, but within the normal range for the city. This isn't a house that needs a premium explanation; it's straightforward, established, and in a settled area.

This home suits buyers who value predictability over potential. You’re not paying for a recent flip or the largest plot on the block. It’s a good fit for someone looking for a functional, modestly sized house in a mid-century neighbourhood without the price tag of the street’s top-tier properties. First-time buyers, downsizers, or those who want to avoid the premium for “move-in ready” cosmetic upgrades could find it practical. The unremarkable stats also mean less chance of overpaying relative to local benchmarks.

Five Possible FAQs

1. How does this home compare to others on Wordsworth Way?
It sits right around the average for living space and assessed value. The lot is smaller than most on the street, and the house is slightly older than the median there. If you're looking at other homes on the same road, this one offers a more modest entry point.

2. Is the lot too small for a garage addition or extension?
That depends on zoning and setback requirements, which you’d need to check with the city. The lot is 5,874 sq ft—below the street average but within the typical range for Westwood. Many homes of this era in the area have accommodated additions, so it’s not an outlier, but a survey and permit check would be necessary.

3. Why is the assessed value lower than the city average?
The assessed value reflects the city’s estimate of market value for tax purposes. This home’s figure is slightly below Winnipeg’s average of $390,000. That aligns with its smaller living area and lot size. It doesn’t necessarily mean the home is in poor condition—it likely just lacks the square footage or updates that drive higher assessments nearby.

4. What does “close to average” mean for the rankings here?
The property ranks in the middle range across all four metrics—size, lot, age, and value—whether compared on the street, in Westwood, or citywide. “Close to average” means it's within a narrow band of the median. There are no extremes in either direction, which can be a sign of stable, unflashy value.

5. Would this house be a good investment?
It depends on your goals. Homes in the middle of the pack typically appreciate in line with the broader market rather than outperforming it. They’re less volatile than top-tier or distressed properties. If you’re looking for steady, predictable ownership without chasing a quick return, this kind of property often works well. Major upside would come from improvements you make yourself.