42 Byrd Avenue – Property Summary

1. Key Characteristics & Buyer Profile

This property is a 1962-built home with 1,089 sqft of living space on a 5,880 sqft lot, currently assessed at $342,000. Its standout feature is the lot: larger than average for the immediate street and citywide, sitting in the top 27% on Byrd Avenue itself. The year built—1962—is the oldest on the street (ranking #1 out of 22), which may appeal to buyers seeking original character or a solid post-war construction era.

Where the property really shines is street-level context. It outperforms its direct neighbours on living area, assessed value, and land size. But zoom out to the Westwood neighbourhood, and it falls below average across all metrics except land area, which is exactly average. This means the home is a strong relative value on its own block, but less competitive against newer or larger homes in the wider area.

Who it suits: Buyers who want a decent-sized lot on a good street, and are comfortable that the house itself is smaller and older than many nearby options. It could work well for someone planning modest renovations—adding square footage or updating finishes could bring the home closer to neighbourhood averages. It’s less suited to buyers who need move-in-ready space comparable to newer Westwood homes, or those prioritizing resale competitiveness across the broader neighbourhood.

2. Five Possible FAQs

1. Is this a good value compared to other homes on the street?
Yes. On Byrd Avenue specifically, the assessed value is above average ($342K vs. $327K average), and the lot and living area are also above typical street levels. It ranks in the top third for all three metrics locally.

2. How does the property compare to other homes in Westwood?
It falls below the neighbourhood average for living area (1,089 sqft vs. 1,372 sqft average), assessed value ($342K vs. $392K average), and year built (1962 vs. 1966 average). Only its land area roughly matches the neighbourhood norm.

3. What’s unusual about the age of this home?
At 1962, it’s the oldest house on its street (out of 22), ranking in the top 5%. That’s not necessarily a drawback—it could mean more mature landscaping, thicker framing, or a style less common in newer builds—but buyers should factor in typical maintenance for a 60+ year-old structure.

4. How do the rankings work in the data provided?
Rankings compare this property to “comparable homes” within each scope (street, neighbourhood, city). A lower rank number (e.g., #4 out of 22) means a higher relative position. “Top 18%” means the property outperforms 82% of peers in that category. The bar fill length reflects the share of peers you beat; colour indicates the tier (e.g., red for elite, blue for above average).

5. What’s the lot actually like for a family or garden?
At 5,880 sqft, the lot is slightly smaller than the Westwood average (6,491 sqft) but larger than most on the street (avg 5,732 sqft). It’s big enough for a decent backyard or expansion, but not oversized compared to newer subdivision lots in the area. Citywide, it ranks in the top 35%, so it’s definitely on the larger side for Winnipeg.