Key Characteristics & Buyer Profile

This 1,534 sqft home on Wordsworth Way sits in a strong position for its size, ranking in the top 13% on the street and top 24% across the Westwood neighbourhood. It’s noticeably above the local and city averages for living space, which gives it genuine appeal for buyers who need room—whether that’s for a growing family, a home office, or simply avoiding the cramped feel of newer builds. The property was built in 1963, placing it among the older homes on the street but right in line with the neighbourhood median. That’s worth noting: a 1960s build often means better bones, larger rooms, and mature lots compared to infill construction.

The assessed value sits at $342,000, which is below both the street and neighbourhood averages. For a buyer, this suggests the property may offer good value relative to its size—you're paying less per square foot than many comparables nearby. The land is 5,669 sqft, slightly smaller than the street average but still competitive city-wide. It's not a sprawling lot, but it's typical for the area and usable.

This home suits buyers who prioritize interior space over land area and who are comfortable with an older home's character. It’s a good fit for someone looking for above-average square footage at a below-average tax assessment, especially in a stable, established neighbourhood like Westwood. The rankings suggest it’s a solid, unflashy choice—practical rather than premium.

Five Possible FAQs

1. How does this home’s size compare to others nearby?
It’s larger than most. On Wordsworth Way, it ranks 18th out of 138 homes (top 13%), with the street average around 1,275 sqft. Across Westwood, it’s in the top quarter of all properties. For city-wide context, it sits in the top 29% of nearly 200,000 homes.

2. Is the assessed value accurate, and what does it mean for property taxes?
The assessed value is $342,000, which is below the street average of $371,000 and the neighbourhood average of $392,000. This suggests property taxes may be lower than many comparable homes nearby, but it also means the home may not be priced at the top of the market. Assessment values are set by the city and reflect a lagging indicator of market conditions.

3. The land is 5,669 sqft—is that small for the area?
It’s slightly below the street average (6,609 sqft) and neighbourhood average (6,491 sqft). But city-wide, it’s within the top 40% of lots. It’s not a large yard by older Winnipeg standards, but it’s still a typical suburban lot—enough for a garden, shed, or play space without demanding heavy upkeep.

4. What should I know about a 1963 home before buying?
Homes of this era often have solid construction, but you’ll want to check the condition of major systems—roof, furnace, windows, and especially the foundation and electrical. Many 1960s homes have been updated, but some will need work. A home inspection is key. The upside is that these homes typically have larger rooms and better storage than more recent builds.

5. Why is the street ranking for assessed value lower than the size ranking?
Size and assessed value don’t always line up. This home has more square footage than most on the street but is valued below the average. That could be due to interior condition, lack of recent renovations, or simply a slower increase in value relative to neighbours. For a buyer, this isn’t necessarily a red flag—it may mean the home has room for value growth with targeted updates.