296 Rouge Road – Property Summary

Key Characteristics & Buyer Profile

This is a single-family home built in 1965, located in the Westwood neighbourhood of Winnipeg. It offers 1,238 sq. ft. of living space on a 5,531 sq. ft. lot. The assessed value is $387,000.

Where the appeal lies: The property sits in a balanced position relative to its street, neighbourhood, and city. Its assessed value ranks in the top 21% on Rouge Road itself, meaning it’s one of the higher-valued homes on the block. Yet, the living area and lot size are close to average for the street—so you’re getting solid space without paying a premium for an unusually large footprint. The home is slightly older than the neighbourhood median (1965 vs. 1966), but not enough to raise concerns. The lot is smaller than the Westwood average, which could mean less yard maintenance, though it also means less outdoor space compared to nearby properties.

Who it suits: Practical buyers who want a reasonably sized home in a stable, established area without chasing the top end of the market. It’s a good fit for someone who values being in the middle of the pack—neither overpaying for a standout lot nor settling for a below-average layout. First-time buyers or those moving within Winnipeg who want a straightforward property with no major trade-offs in living area or condition (assuming the 1965 build has been maintained) will find this realistic. It’s less suited to anyone needing a large yard or a newer build.

Five Possible FAQs

1. How does the lot size compare to other homes in Westwood?
The lot is 5,531 sq. ft., which ranks in the bottom 28% of the neighbourhood (top 72%). Most comparable homes in Westwood sit on roughly 6,491 sq. ft., so this is a noticeably smaller-than-average lot. If gardening, play space, or expansion potential matters, you may want to view the yard in person.

2. Is the assessed value a fair reflection of the home’s condition?
The assessment places this home in the top 21% on its street, which is above average. However, assessed value is a municipal valuation based on market data and property characteristics—it doesn’t directly account for interior condition, renovations, or deferred maintenance. You should budget for a home inspection to understand what the $387,000 figure really buys you.

3. How does the living space compare to what’s typical for the area?
At 1,238 sq. ft., it’s very close to the street average (1,263 sq. ft.) and slightly below the Westwood average (1,372 sq. ft.). Citywide, it’s about average. So the interior is standard for the era and location—not cramped, but not spacious by current standards.

4. What does the 1965 build year mean for maintenance?
Homes from the mid-1960s are common in this area. Key systems to check include the roof age, furnace, electrical panel, and plumbing. With a build year slightly below the neighbourhood median, you may want to ask about upgrades in the last 10–15 years. The ranking data doesn’t flag it as unusually old or new for the street.

5. Why is the lot size lower-ranked than the house size or value?
This is the one metric where the property sits significantly below its peers. While the living area and assessed value are average to above-average locally, the lot size is in the bottom third of Westwood. That’s a trade-off: you get a home that’s well-priced and sized for the street, but with less land than most neighbours. If outdoor use is a priority, compare it directly to other listings in the area.