Property score
67.7
Good
Overall 67.7 · Larger than most nearby homes
1,132 sqft (top 25%) · Built in 1972 (1 yr newer than avg)
Located in a high-income area with median household income of ~90k
Transit 54.0 · 11-min walk to transit with 2 nearby routes · Within 500m: 1 school, 1 park, and 2 sports facilitys nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Near average
1 yrs newer than neighborhood avg.
Mother tongue
English · 90%French · 2%
Past 10 years Westdale sales snapshot (~80% of all data)
538
375k
$318/sqft
1971
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67.7 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: #46111079
$90K
Median household income
$100K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.8
P90 / P10 ratio
22%
Single-person households
31%
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
55 Alder Bay — 4 amenities found within 500 m, across 3 categories, including 1 education (nearest 347 m), 1 parks (nearest 408 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 1% | Bottom 48% | Bottom 32% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This property stands out most for its land and value positioning. The lot is 15,472 sqft—ranked #1 on the street, #6 in the neighbourhood, and in the top 2% citywide. That’s roughly double the average lot size on Alder Bay and triple the Westdale average. The assessed value of $445k is also elite locally: #1 on the street and #13 in the neighbourhood, while the 1,132 sqft living area is above average for both the street and Westdale but slightly below the citywide norm for comparable homes. Built in 1972, the house is newer than most on its street but fairly typical for the neighbourhood and city.
The appeal is less about move-in-ready perfection and more about land value and relative affordability in a high-demand area. A buyer here gets a large, well-located lot in Westdale at a price that undercuts many newer or renovated homes nearby—but the house itself may need updating. It would suit someone who prioritizes location and outdoor space over a finished interior, or who has the means and willingness to renovate. It’s less suited for someone wanting a turnkey home or who doesn’t place high value on a large yard.
1. Is this property priced competitively for what it offers?
Yes, relative to the neighbourhood. The assessed value is $445k, which ranks #1 on the street and #13 in Westdale—meaning comparable homes nearby are assessed lower on average ($366k on the street, $307k in the neighbourhood). However, the citywide average for comparable homes is $390k, so it’s above that. The value sits in the land, not the structure size.
2. How does the living space compare to other homes in the area?
At 1,132 sqft, the living area is above the street average (1,111 sqft) and neighbourhood average (1,029 sqft), but below the citywide average for comparable homes (1,342 sqft). It’s a modest footprint—fine for a couple or small family, but tight for larger households expecting open-concept or extra bedrooms.
3. What should I know about the age of the house and potential updates?
Built in 1972, it’s newer than most homes on Alder Bay (average 1971) but sits right at the neighbourhood average. A 50+ year-old home typically means older systems (roof, furnace, windows, plumbing) may need attention. Buyers should budget for possible upgrades unless recent work has been done—this data doesn’t indicate renovations.
4. Why is the land value so much higher than the home value?
The 15,472 sqft lot is exceptionally large for Westdale (average 5,168 sqft) and the city (average 6,570 sqft). In established neighbourhoods, large lots are scarce and command a premium. The assessed value reflects the land’s scarcity, not the house’s condition or size. This is common for properties where the lot is the primary asset.
5. Who typically buys a property like this?
Two main types: someone planning to renovate or rebuild on a prime lot in a desirable area, or a buyer who values outdoor space (gardening, privacy, room for additions) and is comfortable with a smaller, older home. It’s less ideal for first-time buyers seeking low-maintenance or for families who need more interior square footage without major work.
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