Key Characteristics and Buyer Profile

This is a 1,195 sq ft single-family home built in 1960 on a 6,720 sq ft lot, located at 11 Galinee Bay, in the Westwood area of Winnipeg. Its appeal is largely practical rather than flashy. The property sits on a larger-than-average lot relative to the rest of the city (ranking in the top 19% city-wide for land), which is its strongest asset. The living space is right around the average for its street, neighbourhood, and city, so it’s not unusually spacious or cramped. The assessed value is also close to the local and city medians, indicating a fairly priced, middle-of-the-road property in terms of tax valuation.

The trade-off here is the age. Built in 1960, it’s the oldest house on its street and older than 96% of homes in Westwood. This often means the home has original bones and likely needs some updating, but typically comes with a more established lot and mature landscaping. The appeal lies in the land: a generous corner property in an average-priced home offers room to expand, landscape, or renovate without paying a premium for an already-updated house.

This property suits a buyer who is comfortable with a renovation project or who prioritizes outdoor space over modern finishes. It’s a good fit for someone looking to get into a decent neighbourhood with a strong lot—perhaps a first-time buyer with some DIY skills, an investor looking for long-term value through improvements, or a family who wants a big yard near average-sized rooms. It’s less suited for someone wanting a turnkey, newer home or a particularly spacious interior.

Five Possible FAQs

1. Why is the house ranked as the oldest on the street but the lot size is above average?
The home was built in 1960, making it older than most neighbours. Meanwhile, the lot is 6,720 sq ft, which is slightly larger than the street average (6,817 sq ft) and significantly above the city-wide average (6,570 sq ft). This combination is common for older homes in established areas—the structures tend to be original, but the lots were often larger before newer subdivisions packed homes closer together.

2. Does the “below average” ranking for construction year mean the house is in poor condition?
Not necessarily. The ranking simply means the year built is older compared to nearby properties. A 1960s home in this area might have good structural bones but will likely need updates to systems (roof, furnace, windows, plumbing) and finishes. Condition depends on maintenance history, not just age. An old house that’s been well-kept can be more solid than a newer one that’s been neglected.

3. How does the assessed value compare to what I’d actually pay?
The assessed value for property tax purposes is $381,000—close to the street average and slightly below the community average. This is a baseline used by the city, not the market price. List prices and sale prices are often higher or lower, depending on renovations, demand, and competition. It’s worth comparing with recent sales on Galinee Bay or in Westwood for a realistic idea.

4. What does “接近平均” (close to average) actually mean for living space and value?
It means this home sits right in the middle of the pack. The interior size and assessed value are not outliers. If you’re looking for a solid, predictable property without extreme features, this fits that bill. The advantage is that it likely won’t be overpriced compared to similar homes, and resale value should follow local trends rather than being volatile.

5. Is a larger lot in this area worth more in the long run?
Generally, yes. Land tends to hold value better than structures, especially in a city like Winnipeg where lot sizes vary widely. This property’s lot ranks in the top 19% city-wide, meaning it’s a rare asset. Even if the house itself needs work, a large, well-located lot gives future options—whether you add on, build a garage, garden extensively, or eventually redevelop. In established neighbourhoods like Westwood, this kind of land is harder to come by than in newer subdivisions.