Property score
69.3
Good
Overall 69.3 · Larger and newer than most nearby homes
1,130 sqft (top 26%) · Built in 1974 (3 yrs newer than avg)
Located in a high-income area with median household income of ~90k
Transit 68.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 1 school, 2 parks, and 2 sports facilitys nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 1%
Past 10 years Westdale sales snapshot (~80% of all data)
538
375k
$318/sqft
1971
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Property score
69.3 is composed by the two sections below.
Property Score
Community Score
Neighbourhood Sales
Westdale
How to read: Share of sales in each ~$50k price band for “westdale” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111085
Community deep dive
$90K
Median household income
$110K
Average household income
4%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
22%
Single-person households
25%
Families with children
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
EliteYear Built
above averageLot Size
EliteRank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
12 Farnley Place — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 153 m), 2 parks (nearest 233 m).
Crime & Safety
Westdale · WPS public data · 2026
Annual incidents
17
2026
vs. city avg
-42%
relative to avg
Year-over-year
▼ -91%
vs. prior year
Primary type
Violent
53%
Sales History
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 33% | Top 15% | Top 41% |
12 Farnley Place · Sold transaction data notes
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Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 12 Farnley Place, Winnipeg
12 Farnley Place – Property Overview
Key Characteristics & Buyer Profile
This home sits on a notably large lot of nearly 10,000 square feet—well above both the Westdale neighbourhood average (5,168 sqft) and the Winnipeg citywide average (6,570 sqft). The lot size ranks in the top 3% within the neighbourhood and top 6% citywide. The living area itself is around 1,130 square feet, which is slightly below the citywide average but in line with other homes on Farnley Place. Built in 1974, the house is newer than most in Westdale (where the average build year is 1971) and appears to be the newest home on this street. Its assessed value of $459,000 ranks 1st out of 10 homes on the street and 7th out of 1,460 properties in Westdale (top 1%).
The main appeal here is the land. In a well-established neighbourhood like Westdale, standard lots tend to be modest. This property offers a much larger footprint, which is relatively rare in this part of the city. For a buyer, that means more outdoor space, potential for future additions or landscaping, and better privacy than most nearby homes can offer. The house itself is a straightforward 1970s build with 1,130 sqft of living area—functional but compact. It is not a renovation project per se, but a buyer looking to expand or redevelop could find the lot especially compelling.
This property would suit a buyer who values outdoor space over interior square footage, or someone looking for a strong land asset in a top-ranked neighbourhood. It is also a good fit for buyers who prefer a newer build relative to the area’s housing stock, but who are not looking for a large or recently renovated home. Investors or homeowners with an eye toward future subdivision or redevelopment (pending zoning approvals) may also find the lot size worth investigating.
Frequently Asked Questions
1. Why is the assessed value so high compared to other homes in Westdale?
The assessed value reflects both the size of the lot and the fact that the home is newer than most in the area. Larger lots in established neighbourhoods tend to carry a premium, and the home’s year of build (1974) is more recent than the neighbourhood average (1971). The combination of a sizable property in a desirable location pushes the assessed value well above local norms.
2. How does the living area compare to other homes on the street and in the neighbourhood?
At 1,130 sqft, the living area is slightly below the Farnley Place average (1,163 sqft) but above the Westdale neighbourhood average (1,029 sqft). Citywide, it is around average (1,342 sqft). So while the house itself is not large, it is not unusually small for the area—it is more of a standard 1970s layout.
3. Is the lot suitable for building an addition or a secondary suite?
The lot is nearly 10,000 sqft, which is significantly larger than most in Westdale. Whether an addition or secondary suite is feasible depends on local zoning bylaws, setback requirements, and any neighbourhood-specific restrictions. Buyers interested in expansion should check with the City of Winnipeg’s planning department before making assumptions, but the lot size does provide more flexibility than typical properties in this area.
4. How does the age of this home affect maintenance or insurance?
The house was built in 1974, which makes it middle-aged for a Canadian home. Major systems like plumbing, electrical, and roofing may have been updated or may be original. Buyers should request disclosure on recent upgrades and budget for potential renovations. Insurance premiums for homes from the 1970s are generally reasonable, though older wiring or plumbing could be a factor.
5. How does this property rank within the broader Winnipeg market?
Citywide, the lot ranks in the top 6% for size, the assessed value ranks in the top 27%, the build year is in the top 42%, and the living area is around the 57th percentile. So the standout metrics are clearly land and value, not interior space. This property is not a typical family home in terms of square footage, but it is exceptional in terms of land and location within Westdale.
Map & Street View
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