174 Barron Drive | Property Summary

Key Characteristics & Buyer Profile

This is a 1,120-square-foot home built in 1965, sitting on a 5,046-square-foot lot in Winnipeg's Westwood neighbourhood. The property's assessed value is $345,000.

Where this property stands out is less about size and more about what it offers relative to its price. The living area is slightly below the neighbourhood average (1,372 sqft) and roughly in line with citywide comparables, but the assessed value sits below both the street average ($357,600) and the neighbourhood average ($392,100). That gap suggests the property may offer more value per square foot than many nearby homes.

The land area is notably small—ranking in the bottom 2% on the street and in the neighbourhood. For buyers who prioritize low-maintenance outdoor space or don't need a large yard, this won't be a drawback. But for anyone hoping for a generous lot, garden space, or room to expand, it's a clear limitation.

This home would suit a buyer looking for a reasonably priced entry into a mid-century neighbourhood with established character, particularly someone who values the home's interior condition or potential over land size. It may also appeal to those who prefer a smaller lot for easier upkeep—empty nesters, first-time buyers, or investors. The year built (1965) is typical for the area, meaning the home is likely part of a cohesive vintage housing stock, which can be appealing for those seeking character rather than a newer subdivision feel.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The home's assessed value of $345,000 is below both the average on Barron Drive ($357,600) and the Westwood neighbourhood average ($392,100). Citywide, it sits just under the median for comparable properties ($390,100). This suggests the home is priced at a relative discount to its immediate surroundings.

2. Is the small lot size a concern for resale?
It depends on the buyer pool. A 5,046 sqft lot is at the low end for the street and neighbourhood—ranking 53rd out of 54 homes on Barron Drive. Resale will likely appeal most to buyers who prioritize indoor space or location over a large yard. If you're planning to sell within a few years, consider how the current buyer demographic (e.g., families, downsizers) views lot size in this area.

3. What does the "Top X%" ranking actually mean?
The rankings compare this home to other properties within the same scope (street, neighbourhood, or city). A higher rank percentage means it outperforms more comparable homes in that category. For example, a "Top 39%" rank for year built means it's newer than about 61% of similar homes. The bars visually show how it stacks up against peers.

4. How old is the home, and is that typical for Westwood?
Built in 1965, the home is right around the average for both the street and neighbourhood. Most homes in Westwood date from the mid-1960s. While not old enough to be heritage, it's worth factoring in typical maintenance needs for a 60-year-old house—roofing, windows, mechanical systems, and insulation may have been updated or may be due for attention.

5. What is the "neighbourhood analysis map" and why should I look at it?
The map shows 174 Barron Drive compared side-by-side to nearby homes—letting you see lot sizes, living areas, assessed values, and year built for each. This is useful for identifying outliers, spotting trends (e.g., are nearby lots larger or smaller?), and getting a real sense of how this property fits into the street and block. It's especially helpful if you're weighing offers or trying to gauge whether the price aligns with the immediate context.