Property score
65.9
Good
Overall 65.9 · Newer than most nearby homes
1,012 sqft (bottom 46%) · 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
Near average
2% smaller 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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65.9 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111085
$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
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
14 Farnley Place — 5 amenities found within 500 m, across 3 categories, including 1 education (nearest 139 m), 2 parks (nearest 222 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 44% | Top 15% | Top 41% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 22% | Top 28% | Bottom 48% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1974 home with 1,012 square feet of living space on a 7,078-square-foot lot in Winnipeg’s Westdale neighbourhood. The property’s strongest feature is its lot size—well above the neighbourhood average (5,168 sqft) and citywide average (6,570 sqft). The assessed value of $400k ranks in the top 4% of the neighbourhood, reflecting strong local demand. The home itself is around average for the area in terms of living space, but its construction year (1974) is newer than much of the street and neighbourhood stock.
The appeal lies in the land-to-value ratio. A buyer here is getting a large, well-located lot in a desirable Westdale pocket without paying a premium for a larger house. This suits someone who values outdoor space, gardening, or the potential to renovate or expand. It’s less suited to a buyer who wants a large, move-in-ready home with generous interior square footage, as that’s where the property ranks slightly below street and city averages. Instead, it works well for a pragmatic buyer who prioritizes land value, quiet street location, and being in a top-ranked neighbourhood, over just interior size.
How does the lot size compare to other homes on the street?
The lot is 7,078 sqft, ranking 7th out of 10 homes on Farnley Place. While slightly below the street average of 8,001 sqft, it’s still considered above average citywide (top 16%). On this particular street, a few neighbours simply have larger parcels.
The assessed value is $400k, but the living area is below average. Is it overpriced?
Not necessarily. The assessment reflects land value more than living area. The property ranks in the top 20% on its street and top 4% in Westdale, meaning the land itself holds strong value here. The living space is modest, but the price is driven by location and lot size, not square footage alone.
What does “ranked top 4% in the neighbourhood” actually mean for resale value?
It means that out of 1,460 comparable homes in Westdale, only 63 have a higher assessed value. This suggests that the property is already positioned in a price bracket that supports solid resale potential—especially if the lot is ever developed or subdivided, though you’d need to check zoning rules.
Is the house energy-efficient being built in 1974?
Homes from this era vary. The year built ranks well within the neighbourhood (top 9%), but you’ll likely want to inspect insulation, windows, and HVAC. The lot’s size does allow for future upgrades (solar, landscaping) that might offset any original building inefficiencies.
How does this property compare to others in Westdale that are slightly newer or larger?
If you compare it to homes built after 1974 or with over 1,200 sqft, this one likely comes in at a lower price point for the same lot. The trade-off is a smaller house on a big lot, versus a newer but possibly smaller lot elsewhere in the neighbourhood. It’s a choice between interior space and outdoor space.
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