15 Carlyle Bay Property Summary

Key Characteristics & Buyer Profile

This is a 1,729 sqft home built in 1965, situated on a 7,204 sqft lot in Winnipeg’s Westwood neighborhood. The property’s assessed value is $452,000.

Where It Stands:
Among comparable properties, this home is slightly below average in living space for its immediate street (Carlyle Bay), but noticeably larger than typical homes in the broader Westwood area and across Winnipeg. Its lot size is small relative to others on the same street—ranking last out of 35—but above average for the neighborhood and city overall. The assessed value is typical for the street but stronger than most homes in Westwood and the wider city.

What’s Noteworthy:
The key tension here is between the street itself and the surrounding neighborhood. On Carlyle Bay, this is one of the smaller lots and one of the more modest homes in terms of size and value. But zoom out to Westwood or Winnipeg, and it becomes a larger, more valuable property on a sizable lot. This suggests a street where neighboring homes are generally larger and on bigger parcels, while this one offers more space than what you’d typically find just a few blocks away.

Who It Suits:
This property would work well for buyers who want a newer-than-average lot in an older, established area (the house itself is from 1965, roughly middle-aged for the city) without paying a premium for a street that’s already peaked. It's less suited for someone looking for a standout within its immediate block, but ideal for someone who wants a home that’s clearly above average—in both size and value—relative to the wider neighborhood and city benchmarks.

Frequently Asked Questions

1. Why is the lot ranked last on the street but above average in the neighborhood and city?
The street (Carlyle Bay) has unusually large lots—the average is 9,472 sqft. At 7,204 sqft, this lot is small by that standard. But in Westwood, the average lot is 6,491 sqft, and across Winnipeg it’s 6,570 sqft. So while it’s the smallest on the street, it’s still larger than what most nearby homes and typical city homes sit on.

2. How does the assessed value compare to the actual market value?
The assessed value here is $452,000. This is based on the city’s standardized valuation method, not a current market appraisal. It’s close to the street average ($462,600) but well above neighborhood ($392,100) and city ($390,100) averages. Whether the market value is higher or lower depends on recent sales, condition, and timing, but the assessment suggests this home carries a premium in its broader area.

3. What does “Top 13%” at the neighborhood level actually mean?
It means that among 2,523 comparable homes in Westwood, this property ranks 321st by living area. So only about 13% of homes in the neighborhood have a larger living space. It’s a way of saying this is a bigger-than-average home for the area—not the absolute biggest, but well above typical.

4. Is a 1965 build considered old for Winnipeg?
It’s around average. The citywide median year built for comparable homes is 1966, so this is essentially right in the middle. On the street, this home is slightly newer than average (most neighbors are from 1964). It doesn’t stand out as particularly old or new—it’s a typical mid-century house in an established neighborhood.

5. How should I interpret the “bar” and “ranggo” rankings in the data?
The system ranks every property by metric (lot size, living area, value, year built) and assigns a percentile. The bar shows what percentage of comparable homes you’ve outperformed—longer bar is better. For lot size, bigger is better; for year built, newer is better; for living area and assessed value, larger and higher are better. The colored gradient (red to yellow to blue) just makes it easier to see where you fall relative to the median. White tick marks show your exact position.