190 Barron Drive – Property Summary

Key Characteristics & Buyer Profile

This is a 1,157 sqft bungalow built in 1965 on a 5,749 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value sits at $340,000.

The property is average-sized for its street and the city, but its lot is on the smaller side compared to the neighbourhood and citywide averages. The home isn’t standing out on paper—it ranks near the middle or slightly below in most categories. That’s not necessarily a drawback. What it suggests is a house that’s been part of an established area for decades, likely with mature trees and settled neighbours, rather than the inflated prices of a hot pocket.

The appeal here isn't flash or stats. It’s predictability. The home is older but in a stable, middle-band of the market. For a buyer, that can mean less risk of overpaying for hype, and more room to negotiate or put money into updates that reflect personal taste rather than chasing comps. The assessed value is below both the street and neighbourhood averages, which might indicate either a conservative assessment or a home that hasn’t been aggressively renovated—worth a closer look.

This property would suit a first-time buyer who wants to get into a solid, older neighbourhood without stretching for the highest-priced home on the block. It also works for someone who values lot size over living area, or a buyer open to cosmetic upgrades as a way to build equity. Investors might look at it as a lower-entry point in a mature area, though rental demand in Westwood would need its own check.

Five Possible FAQs

1. Why is the assessed value below average for both the street and neighbourhood?
Assessed value doesn’t always reflect market price or recent sales. It can lag behind renovations, or it might mean the home hasn’t had major updates that boost taxable value. It could also be a sign the city’s model weighs lot size or living area more heavily than finishes. It’s worth comparing the assessment to recent sale prices on the street to see if there’s a gap.

2. How does the smaller land area affect use or future value?
At 5,749 sqft, the lot is below the Westwood average of 6,491 sqft. That means less yard to maintain, but also less space for an addition or a large garage. For some buyers, a smaller lot is a plus—lower maintenance, more time for other things. For resale, narrow or shallow lots can limit certain buyers, but in an established area, the trade-off is often a quieter location with less development pressure.

3. The living area is 1,157 sqft. Is that enough for a family?
That depends on the layout and how many people you’re housing. A 1,150 sqft bungalow typically offers two to three bedrooms and one bathroom on the main floor, sometimes with a basement that could be finished for extra space. It’s compact but workable for a small family or a couple. If you need a dedicated home office and two kids’ rooms, it could feel tight without a finished basement.

4. How do the rankings work, and should I trust them?
The rankings compare this home to similar properties within the same street, neighbourhood, and city. Higher rank = better (larger living area, newer build, higher value, larger lot). The colour-coded bars show what share of peers you outperform. They’re useful for quick comparison, but they’re based on assessed data, not sold prices. A house that’s been well-maintained but hasn’t had a recent assessment update might rank lower than it should. Use them as a starting point, not a final verdict.

5. Is Westwood a good neighbourhood for resale value?
Westwood is a stable, older area with a mix of post-war bungalows and split-levels. It’s not a high-growth hotspot, but it holds value well because of its location near major routes, schools, and amenities. Resale depends more on the condition of the specific house and how it compares to others on the block. A well-maintained home on an average lot in Westwood typically sells steadily, if not quickly. The main risk is if the area sees a downturn in demand—but that’s true of most established middle-ring suburbs.