Key Characteristics & Buyer Profile

This is a 1,127 sqft bungalow built in 1961 on a 5,436 sqft lot, located at 29 Sansome Avenue in Winnipeg’s Westwood neighbourhood. The property’s appeal lies in its relatively modest size compared to the street and community averages—living area runs about 10% smaller than the street norm, and the lot is similarly undersized. That said, the assessed value sits close to both the street and community medians, suggesting the price reflects the smaller footprint rather than any premium or discount for condition or location.

Where this property stands out is in its comparability. It isn’t the biggest or the newest house on the block, but it lands squarely within the middle range of city-wide values. For a buyer who doesn’t need maximum square footage or a large yard, that alignment between size and assessment can mean fewer surprises at tax time and less competition from buyers chasing “top-of-street” specs.

This property would suit a buyer who values predictability over prestige—someone looking for a solid, average-sized home in an established neighbourhood, without the higher carrying costs that often come with larger lots or newer builds. First-time buyers, downsizers, or investors focused on stable resale rather than rapid appreciation might find it a practical fit. The 1961 build means systems and finishes likely need updating, so it’s also a candidate for someone who sees value in sweat equity.

Frequently Asked Questions

1. How does the property's size affect its resale potential?
The living area and lot size are both below the street and community averages, which could limit appeal to buyers who prioritize space. However, because the assessment aligns closely with local medians, the property isn’t overpriced relative to its size. Resale will depend more on condition, updates, and curb appeal than on raw square footage.

2. Is the 1961 construction a concern for maintenance or upgrades?
Homes of this era often have original electrical, plumbing, and insulation that may not meet current standards. Buyers should budget for potential updates to mechanical systems, windows, and roofing. That said, 1960s construction is well-represented in this neighbourhood, so local trades are familiar with the typical issues.

3. How does the assessed value compare to similar homes in Westwood?
The assessed value is close to the median for both the street ($356,000) and the community ($392,000), which suggests the property is priced in line with comparable homes in the area. It’s not undervalued relative to its neighbours, but it’s also not carrying a premium for features it doesn’t have.

4. What are the property taxes likely to be?
Taxes are based on the assessed value. Since the assessment is near the street and community medians, expect property taxes that are roughly average for a home of this size and age in Westwood. Exact figures depend on mill rates, so check the current tax statement or municipal records.

5. Would this property work for an investor or a first-time buyer?
It could work for both, but for different reasons. First-time buyers may appreciate the lower purchase price relative to larger homes on the street. Investors might see potential in a property that’s priced to allow for renovations without overcapitalizing. Either way, the key is not to overpay for size—this home’s value is in its stability, not its square footage.