364 Westmount Drive – Property Summary

Key Characteristics & Ideal Buyer Profile

This single-family home at 364 Westmount Drive stands out for its unusually large living space and well-regarded location within Windsor Park. At 1,574 square feet, it ranks in the top 4% on its street and top 3% across the neighbourhood, significantly outpacing local averages. The lot is slightly above typical size for the area at 6,501 square feet, offering more outdoor space than many nearby properties.

Built in 1965, it is the newest home on Westmount Drive by a narrow margin, though it aligns closely with the broader neighbourhood’s building era. The assessed value of $410,000 reflects a premium over the street and community averages, but remains near the citywide median. This suggests the home is valued for its size and location rather than luxury finishes or extensive renovations.

The property would appeal most to buyers who prioritize interior square footage and a stable, established neighbourhood over a move-in-ready modern aesthetic. Families looking for room to spread out, or homeowners planning to customize a home with good bones, are a natural fit. It is less suited for someone seeking a recently flipped or turnkey property at a bargain price. The home’s appeal lies in its comparative value within a desirable corridor, not in flashy upgrades.

Five Frequently Asked Questions

1. How accurate are the rankings and data used here?
The rankings are based on city-wide property data for comparable single-family homes. They compare this property against others on the same street, within the broader Windsor Park community, and across all of Winnipeg. While useful for context, these figures are statistical averages and may not account for unique features like recent renovations or specific lot characteristics.

2. Is a higher assessed value always a drawback?
Not necessarily. A higher assessment means higher property taxes, but it often correlates with larger living area, a better location, or a newer build. In this case, the assessment is above the street and neighbourhood averages but close to the city median, so the tax impact is moderate relative to the size advantage.

3. What does the build year (1965) mean for maintenance?
Homes from this era typically require attention to major systems like electrical, plumbing, roofing, and insulation. Being the newest house on the street is a modest plus, but “newest” here is only a few years difference from the average. A thorough home inspection is strongly recommended to assess the actual condition beyond the data.

4. How does the lot size compare in practical terms?
At 6,501 square feet, the lot is larger than most on the street and in the neighbourhood. This gives more room for gardens, a shed, or outdoor entertaining. It is not oversized by city standards, so yard maintenance remains manageable for an average household.

5. Could this property be a good investment?
Its location in a top-ranked street and community for living area, combined with a solid but not inflated assessment, suggests stable long-term value. It is unlikely to be a high-appreciation flip property, but for an owner-occupier looking to build equity through gradual improvements, it offers a strong foundation.