511-55 Windmill Way

Westdale, Winnipeg

Property score

53.6

Fair

Overall 53.6 · Smaller than most nearby homes

799 sqft (bottom 20%) · Built in 2011 (3 yrs newer than avg)

Located in a above-average income area with median household income of ~65.5k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 2 schools, 1 healthcare facility, 2 shops, and 3 parks nearby

Living Area

Below average

19% smaller than neighborhood avg.

Year Built

Near average

3 yrs newer than neighborhood avg.

Mother tongue

English · 79%Tagalog · 3%

Past 10 years Westdale sales snapshot (~80% of all data)

Sold Count

108

Median price

281.5k

$/sqft

$293/sqft

Avg build year

2008

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

53.6 is composed by the two sections below.

Property Score

46.0Low
Living Area22
799 sqftLow
Year Built94
2011Excellent
Neighbourhood Sales Activity69
Good

Community Score

64.9Fair
Household Income68
Good
Education Level63
Fair
Housing Stress52
Fair
Core Housing Need63
Fair
Employment Health68
Good

Neighbourhood Sales

Westdale

How to read: Share of sales in each ~$50k price band for “westdale” (Condos, 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: #46111098

Community deep dive

$66K

Median household income

$73K

Average household income

17%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.0

P90 / P10 ratio

44%

Single-person households

11%

Families with children

Population, labour & age

Population (2021)560
Labour force participation rate64%
Median age43.2
Avg household size1.8
Unemployment rate9%
Population density4307 / km²

Households & income

Low income (LIM-AT, % pop.)17%
Single-person households44%
Couple families with children11%
Median household income (2020)$66K

Housing

Renter households67%
Condominium dwellings32%
Median dwelling value (owners)$260K

Diversity, education & language

Immigrants (share of pop.)16%
Visible minority17%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 78%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
799 sqft
0255075100
Same streetBottom 7%Same areaBottom 20%CitywideBottom 22%
Same street · Windmill Way
#63 / 68
Bottom 7% · Avg 993 sqft
Same area · Westdale
#158 / 197
Bottom 20% · Avg 984 sqft
Citywide · Winnipeg
#20,855 / 26,841
Bottom 22% · Avg 1,042 sqft

Tax-Assessed Value

around average
228k
0255075100
Same streetBottom 40%Same areaBottom 40%CitywideTop 50%
Same street · Windmill Way
#41 / 68
Bottom 40% · Avg 238.2k
Same area · Westdale
#118 / 197
Bottom 40% · Avg 246.5k
Citywide · Winnipeg
#13,550 / 26,841
Top 50% · Avg 256.1k

Year Built

Elite
2011
0255075100
Same streetTop 1%Same areaBottom 48%CitywideTop 27%

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

511-55 Windmill Way — 11 amenities found within 500 m, across 6 categories, including 2 education (nearest 309 m), 1 healthcare (nearest 55 m), 2 shopping (nearest 89 m).

Search radius
🏫Education2
🏥Healthcare1
🛒Shopping2
🌳Parks3
🏦Finance1
Fuel Stations2

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 10/2023CA$250k–300k
Sold price

Same street

Top 38%

Same area

Top 36%

City-wide

Top 37%

Related homes

Highlights & common questions: 511-55 Windmill Way, Winnipeg

Key Characteristics & Buyer Profile

This 799 sq ft unit at 511-55 Windmill Way in Westdale, Winnipeg, was built in 2011—making it the newest home on its street by a significant margin. While its living space falls below average compared to nearby properties (ranking 63rd out of 68 on the same street), its assessed value of $228,000 sits close to the neighbourhood median. The combination of a relatively recent build and a price point that undercuts many older, larger homes in the area gives it a practical edge.

The appeal lies in the trade-off between age and square footage. Buyers who prioritize modern construction, lower maintenance, and a more move-in-ready condition may find this preferable to an older, roomier unit at a similar price. It’s particularly suited to first-time buyers, downsizers, or investors looking for a newer asset in a well-established Westdale neighbourhood. Those who need maximum living space for their dollar, however, would likely want to look elsewhere.


Frequently Asked Questions

1. How does the property’s size compare to other homes for sale in Westdale?
It’s on the smaller side. Within the immediate street, it ranks in the bottom 10% for living area. Across the broader Westdale community, it falls in the bottom 20%, with the average unit being around 985 sq ft. It’s worth noting that this is a condo or apartment-style unit, so direct size comparisons with single-family homes in the area may not reflect the same type of ownership or layout.

2. The building is from 2011—does that come with any advantages over older stock?
Yes, especially in terms of energy efficiency, building code requirements, and likely lower immediate repair costs. It’s the newest property on its street by five years or more. That said, being newer doesn’t automatically mean lower condo fees or better soundproofing, so it’s still worth reviewing the reserve fund study and strata documents.

3. What is the assessed value based on, and how accurate is it as a price guide?
The assessed value of $228,000 is a municipal estimate used primarily for property tax calculation. It reflects the city’s opinion of market value at a set point in time, but actual sale prices can vary depending on condition, upgrades, and market demand. It’s a useful baseline, not a firm price tag.

4. Is this property likely to appeal to renters if I’m considering it as an investment?
Potentially. Newer builds often attract tenants who value modern finishes and fewer maintenance headaches. The smaller square footage may suit single professionals or couples. However, the below-average size could limit appeal to families or roommates, so the rental pool may be narrower than for a larger unit in the same price range.

5. How should I interpret the ranking data shown for this property?
The rankings compare this unit to others within the same street, neighbourhood, and city. They’re useful for spotting relative strengths and weaknesses—for example, the build year ranks very high, while the size ranks low. Keep in mind that rankings are based on assessed data and may not fully reflect recent renovations, layout quality, or desirability of specific floor plans. They’re one piece of the puzzle, not the whole picture.