88 Holt Drive – Property Summary

Key Characteristics & Appeal

This single-family home at 88 Holt Drive offers 1,232 square feet of living space on a 5,125-square-foot lot, built in 1966. The property sits firmly in the middle of the market across almost every metric. Its assessed value of $376,000 is slightly below both the neighborhood and citywide averages, which may reflect a more conservative valuation or a property that hasn't been heavily upgraded in recent years.

The home's strongest standout feature is its construction year. On its own street, it ranks within the top 8% for age, indicating it was built earlier than most nearby homes. This can appeal to buyers who prefer the character, larger room dimensions, or established landscaping often found in older builds. Conversely, the lot size ranks in the bottom 31% on the street and bottom 9% in the broader Westwood neighborhood. This is a notable trade-off: you get a well-positioned, solidly built home, but not much outdoor space for expansion or major gardens.

This property would best suit a buyer looking for an affordable entry point into a stable, mid-tier neighborhood. It's ideal for someone who values a functional interior over a large yard, or for an investor seeking a property with a conservative assessed value in a city where comparable homes sell for slightly more. First-time buyers or small families who prioritize location and interior square footage over land size will find the most value here.

Five Possible FAQs

1. How does the living space compare to other homes in the area?
This home is essentially average. At 1,232 square feet, it ranks in the top 53% on its street, in the neighborhood, and across Winnipeg. It will feel comparable in size to most nearby houses, neither cramped nor spacious by local standards.

2. What's the deal with the lot size – is it too small for a family?
The 5,125-square-foot lot is below average locally. On its street, it's slightly smaller than most, and in the Westwood neighborhood, it ranks among the smaller lots (bottom 9%). It's fine for basic use – a small garden, a shed, or play space for young kids – but buyers hoping for a large backyard, a pool, or room for an addition should look elsewhere.

3. Why is the assessed value lower than the neighborhood average?
The assessed value of $376,000 sits about $16,000 below the Westwood average of $392,000. This can happen if the property has fewer recent renovations, a smaller lot, or if the assessment hasn't fully caught up with market shifts in that specific part of the neighborhood. It doesn't necessarily mean the home is in poor condition, but it may need some cosmetic updates.

4. Is 1966 considered an old home in this market, and does that matter?
On Holt Drive, a 1966 build is actually one of the older homes – ranking 3rd out of 36. In the wider neighborhood, it's more typical. Homes from this era often have solid framing, generous room sizes, and mature trees, but may also have older electrical systems, windows, or insulation. A thorough home inspection is recommended to assess the mechanicals.

5. How does this property rank citywide for overall value?
Citywide, it's squarely in the middle. It ranks in the top 45% for assessed value and top 47% for living area. This suggests you're getting a property that is neither a steal nor overpriced relative to Winnipeg as a whole. It's a fair, balanced offering for someone who doesn't want to overpay but also isn't looking for a discount fixer-upper.