220 Rouge Road – Property Summary

Section 1: Key Characteristics & Buyer Profile

This is a 1,133 sq ft home built in 1965, sitting on a 5,534 sq ft lot in the Westwood area of Winnipeg. Compared to other properties on the same street, the house is smaller than average in living space but has a higher assessed value than most neighbours, suggesting finishings, layout, or lot quality may be carrying more weight than square footage alone. The lot itself is slightly above the street average and close to the city average, though smaller than the typical Westwood lot.

The property’s appeal lies in its strong relative value within its immediate street context: it ranks in the top 29% for assessed value on Rouge Road, while being in the bottom third for living space. For a buyer, this hints at a home that may punch above its weight in terms of condition or updates. The 1965 build year is right in line with the surrounding area—nothing dated or unusually old here. On a city-wide scale, the home sits around the middle of the pack in most categories, which means it’s not an outlier but a solid, typical option in a stable neighbourhood.

This property would suit a buyer looking for a reasonably priced single-family home in an established Winnipeg suburb, who values a compact but functional interior and a standard-sized yard. It’s less suited for someone needing maximum square footage or a particularly large lot, especially compared to the Westwood average. First-time buyers or those downsizing from a bigger home might find the balance of size and assessment appealing.

Section 2: Five Possible FAQs

1. How does this home compare to others on the same street?
It’s smaller than average in living space (91st out of 125 homes on Rouge Road), but its assessed value is higher than most (36th out of 125). The lot size is close to the street average. So it’s a smaller home that seems to hold its value well relative to neighbours.

2. Is the assessed value a reliable indicator of market price?
Not directly. The assessment is used for property tax calculations and reflects a standardized estimate of value, not necessarily current market conditions. That said, ranking high on assessed value within the street can indicate the home is perceived as more valuable by the city’s valuation system, which may align with recent sales or improvements.

3. Why is the living area smaller than the Westwood average but the lot is also smaller?
The Westwood community overall skews toward larger homes and bigger lots. This property is more in line with the street average for lot size but below the community average for both living area and lot. That’s not unusual—older subdivisions within a larger area often have varied lot sizes.

4. What does the “build year close to average” tell me about the neighbourhood?
It suggests the street and surrounding area were developed around the mid-1960s, with no major wave of new construction or tear-downs since. Homes in this band often share similar structural characteristics, which can make comparisons more straightforward.

5. How useful are the rankings across street, community, and city?
They give a quick sense of where the property sits relative to others, but rankings alone don’t account for layout, condition, or recent renovations. A house that ranks low in square footage might still be well laid out or recently updated. These numbers are best used as a starting point, not a final verdict.