198 Barron Drive – Property Summary

Key Characteristics & Buyer Profile

This property is a 1966-built home with 1,220 square feet of living space on a notably large 6,489-square-foot lot. Its strongest feature is the land: it ranks second on the street for lot size, putting it in the top 4% of comparable homes on Barron Drive, and in the top 23% citywide. The home’s assessed value is $374,000, which sits slightly above the street average of $357,600 but below both the neighbourhood and city averages for comparable homes—suggesting the value is concentrated in the land rather than the structure itself.

The appeal here is straightforward: you’re getting a well-above-average lot in an established area (Westwood, Winnipeg) at a price point that doesn’t reflect the land premium. The home itself is typical of its era—modest living area, average finishes—which means a buyer would likely be paying for location and yard space. This suits someone who values outdoor space, gardening, or potential for future expansion, and who is comfortable with a home that may need updates. It’s less suited for someone seeking turn-key living or maximum interior square footage for the money.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
On its own street, 198 Barron Drive is assessed above average—about $16,000 more than the street median of $357,600. But compared to the broader Westwood neighbourhood ($392,100 average) and citywide comparables ($390,100 average), it’s below those benchmarks. So while it’s a strong value relative to immediate neighbours, it’s not overpriced for the area.

2. Is the living area unusually small for the lot size?
Yes, that’s the central trade-off. The 1,220 sqft living area is roughly average for the street and slightly below the neighbourhood and city averages. Meanwhile, the lot is in the top 4% on the street. This means a buyer is paying a premium for land, not square footage. If you’re looking for a large house, this isn’t it; if you want yard space, this is a strong pick.

3. How old is the home, and is that a concern?
Built in 1966, it’s among the older homes on the street (ranked 3rd oldest out of 54, top 6%). The age itself isn’t unusual for Westwood, where the neighbourhood average is also 1966. The question is maintenance history—older homes in this price range often need mechanical updates (roof, furnace, windows) unless already done. A pre-purchase inspection is wise.

4. What type of buyer typically looks at this property?
It tends to attract buyers who prioritize lot size and outdoor space over interior square footage: families who want a large yard for kids or pets, gardeners, or someone considering a future addition or renovation. It could also suit an investor or flipper who sees opportunity in a home that’s priced for its land rather than its structure.

5. How does this property rank citywide?
Citywide, the lot is in the top 23% for land area, and the assessed value is in the top 46%—both above average. Living area is in the top 48%, essentially average. So across all comparable homes in Winnipeg, this property stands out most for its generous lot, not its house size or price. The year built is right at the city median (1966).