12 Farnley Place

Westdale, Winnipeg

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)

Sold Count

538

Median price

375k

$/sqft

$318/sqft

Avg build year

1971

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Property score

69.3 is composed by the two sections below.

Property Score

65.3Good
Living Area1,130 sqft60Fair
Year Built197458Fair
Lot Size9,948 sqft95Excellent
Neighbourhood Sales Activity69Good

Community Score

75.4Good
Household Income81Excellent
Education Level44Low
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health68Good

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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

Population (2021)474
Labour force participation rate71%
Median age45.6
Avg household size2.4
Unemployment rate11%
Population density3385 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households22%
Couple families with children25%
Median household income (2020)$90K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)11%
Visible minority0%
Bachelor's or higher (25–64)22%
Mother tongue (1st)English · 88%
Mother tongue (2nd)Chinese · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

above average
1,130 sqft
0255075100
Same streetTop 40%Same areaTop 26%CitywideBottom 43%
Same street · Farnley Place
#4 / 10
Top 40% · Avg 1,163 sqft
Same area · Westdale
#377 / 1,460
Top 26% · Avg 1,029 sqft
Citywide · Winnipeg
#110,983 / 194,458
Bottom 43% · Avg 1,342 sqft

Tax-Assessed Value

Elite
459k
0255075100
Same streetTop 10%Same areaTop 1%CitywideTop 27%
Same street · Farnley Place
#1 / 10
Top 10% · Avg 384.5k
Same area · Westdale
#7 / 1,460
Top 1% · Avg 307.4k
Citywide · Winnipeg
#52,140 / 194,458
Top 27% · Avg 390.1k

Year Built

above average
1974
0255075100
Same streetTop 10%Same areaTop 9%CitywideTop 42%

Lot Size

Elite
9,948 sqft
0255075100
Same streetTop 20%Same areaTop 3%CitywideTop 6%

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).

Search radius
🏫Education1
🌳Parks2
💪Sports2

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

Sold 8/2017CA$350k–400k
Sold price

Same street

Bottom 33%

Same area

Top 15%

City-wide

Top 41%

Related homes

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.

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