Property Overview

This 1,287 sq ft home at 163 Twain Drive in the Westwood area of Winnipeg was built in 1966 and sits on a 5,960 sq ft lot. Its assessed tax value is $398,000. The property is a solidly middle-of-the-road option across all major metrics. Compared to other homes on the same street, it ranks near the median for size (42nd out of 83), assessed value (39th out of 83), and age (22nd out of 83). The lot is noticeably smaller than average for its street, ranking in the bottom 10%.

The appeal of this property lies in its predictability and lack of extremes. It doesn’t stand out as unusually large, small, old, or expensive within its immediate neighborhood, which can be a benefit for buyers who want a stable, comparable asset. The construction year is slightly newer than the median for the street, which may appeal to someone looking for a property with a bit more modern build quality relative to its immediate neighbors, without paying a premium for a fully renovated home. The smaller lot might deter buyers wanting a large yard, but could appeal to those who prefer lower maintenance outdoor space. This home is likely best suited for a first-time buyer looking for an entry point into an established neighborhood, or for an investor seeking a property with market-typical characteristics that should hold its value relative to its area.

Frequently Asked Questions

1. How does this property's lot size really compare to others nearby?
The lot is 5,960 sq ft, which is noticeably smaller than the Twaine Drive average of 6,592 sq ft. On your street, it’s the smallest 10% of lots. However, when you look at the broader Westwood community, this lot size is much closer to the average. So while you’ll have less outdoor space than your immediate neighbors, it’s still a typical lot size for the larger area.

2. Is the assessed value of $398,000 a good deal?
The assessed value is almost exactly the median for Twaine Drive and slightly above the averages for the Westwood community and Winnipeg as a whole. This suggests the property is priced in line with its immediate market. It’s not an undervalued bargain, but it’s also not over-appraised for its area. The value likely reflects the home’s modest lot and average size, balanced by a slightly newer build than some neighbors.

3. What does “almost average” really mean for this home’s resale potential?
In practical terms, it means this home is a strong benchmark property. It likely won't be the most desirable home on the block, but it also won’t be the hardest to sell. Homes near the median tend to appeal to the broadest range of buyers. This stability can be a positive for someone who wants to avoid the risk of buying a home that might struggle to compete if the local market shifts.

4. How does the house being built in 1966 affect its condition?
The year built is slightly newer than the average for Twaine Drive and Westwood, but it’s still a home from the mid-60s. This usually means you can expect a solid, well-insulated structure, but you should budget for updates typical of that era, such as electrical, plumbing, or windows. Being on the newer side for your street, you may have a slight advantage over some neighbors whose homes are from the early 60s or late 50s.

5. What should I ask about on a viewing given these stats?
Focus on the trade-offs of the smaller lot you can use. Ask about the condition of fences, privacy from neighbors, and the amount of mature trees or landscaping. Since the home is average-sized, check for wasted space or awkward layouts. Also, ask about the age of major systems (roof, furnace, windows) because a home built in 1966 could have original or very old components that aren’t apparent from the data on the page.