Here is a clean, standalone property summary for 406 Rouge Road, structured as requested.

Key Characteristics & Buyer Profile

This is a 1969-built home with 1,204 sq. ft. of living space on a notably large lot. The property’s main strength is its land: at 9,882 sq. ft., it ranks in the top 1% on its street and top 5% in the Westwood community, far exceeding the local average of around 5,400 sq. ft. The home itself is slightly newer than many neighbors (ranking top 5% on the street), and its assessed value of $415,000 is above average for the area.

The appeal here is not the house’s size—which is actually close to average for the city—but the potential of the property. A lot this large on a well-ranked street offers room for expansion, landscaping, or a future project. The assessed value is also interesting: it’s a top-10 property on the street by value, yet only slightly above average for Winnipeg as a whole, suggesting solid value relative to the wider market.

This property would suit: A buyer who sees the land as the primary asset—perhaps someone looking for a larger yard in a stable Westwood location, a family planning to add an extension or workshop, or an investor gauging lot value in a neighborhood where many homes are older. It is less suited to someone seeking a move-in-ready home with premium finishes or a compact, low-maintenance yard.

Frequently Asked Questions

1. The land is huge, but is the house small for the lot?
Yes. The 1,204 sq. ft. footprint is average for the city, but the 9,882 sq. ft. lot is nearly double the typical size. This creates significant backyard space and potential for future additions or landscaping, but the current home does not fully occupy the lot.

2. How does the property compare to others on Rouge Road?
It ranks very well. The lot is the largest on the street, the home is one of the newest (top 5%), and its assessed value is in the top 8%. The living area is close to the street average, meaning it is not unusually small or large compared to immediate neighbors.

3. What does the assessed value tell me about taxes?
The assessed value is $415,000, which is above the street average of $352,000 and the community average of $392,000. Property taxes in Winnipeg are calculated based on this assessment, so buyers should expect higher-than-average taxes for the street, but still within the range for a larger lot and more recent build in the area.

4. Is the neighborhood a good family area?
Westwood is an established community with older homes, good schools, and parks. The large lot provides outdoor space that is often sought after by families. The home’s build year (1969) means it likely has original construction features, so a home inspection would be useful for assessing the roof, foundation, and mechanical systems.

5. Would this be a good candidate for a renovation or teardown?
The land value is likely the strongest asset. A teardown is possible but costly, and the home itself is relatively newer than many on the street, so a major reno might be more practical. The lot’s top ranking suggests strong underlying land value, but any buyer should check local zoning for permitted lot coverage and setbacks before planning an addition or rebuild.