16 Peary Crescent

Westwood, Winnipeg

Property score

69.6

Good

Overall 69.6 · Older than most nearby homes

1,242 sqft (bottom 49%) · Built in 1962 (4 yrs older than avg)

Located in a high-income area with median household income of ~98k

Transit 70.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 3 parks, and 3 place of worships nearby

Living Area

Near average

10% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 86%Punjabi · 2%

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

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

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Property score

69.6 is composed by the two sections below.

Property Score

62.8Fair
Living Area1,242 sqft66Good
Year Built196246Low
Lot Size6,442 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

79.9Good
Household Income84Excellent
Education Level72Good
Housing Stress83Excellent
Core Housing Need100Excellent
Employment Health52Fair

Neighbourhood Sales

Westwood

How to read: Share of sales in each ~$50k price band for “westwood” (Detached houses (non-condo), 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: #46110317

Community deep dive

$98K

Median household income

$103K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.5

P90 / P10 ratio

18%

Single-person households

34%

Families with children

Population, labour & age

Population (2021)435
Labour force participation rate63%
Median age39.6
Avg household size2.7
Unemployment rate14%
Population density2900 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households18%
Couple families with children34%
Median household income (2020)$98K

Housing

Renter households18%
Condominium dwellings15%
Median dwelling value (owners)$300K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority12%
Bachelor's or higher (25–64)37%
Mother tongue (1st)English · 86%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

around average
1,242 sqft
0255075100
Same streetBottom 10%Same areaBottom 49%CitywideTop 46%
Same street · Peary Crescent
#18 / 20
Bottom 10% · Avg 1,488 sqft
Same area · Westwood
#1,288 / 2,523
Bottom 49% · Avg 1,372 sqft
Citywide · Winnipeg
#90,010 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

around average
364k
0255075100
Same streetBottom 10%Same areaBottom 46%CitywideTop 49%
Same street · Peary Crescent
#18 / 20
Bottom 10% · Avg 413.2k
Same area · Westwood
#1,367 / 2,523
Bottom 46% · Avg 392.1k
Citywide · Winnipeg
#95,199 / 194,458
Top 49% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetTop 45%Same areaBottom 20%CitywideBottom 44%

Lot Size

above average
6,442 sqft
0255075100
Same streetBottom 10%Same areaTop 31%CitywideTop 23%

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

16 Peary Crescent — 9 amenities found within 500 m, across 3 categories, including 3 education (nearest 167 m), 3 parks (nearest 364 m).

Search radius
🏫Education3
🌳Parks3
Worship3

Crime & Safety

Westwood · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-97%

vs. prior year

Primary type

Property

100%

Sales History

Sold 7/2020CA$300k–350k
Sold price

Same street

Bottom 1%

Same area

Bottom 39%

City-wide

Top 50%

Related homes

Highlights & common questions: 16 Peary Crescent, Winnipeg

16 Peary Crescent, Winnipeg

Key Characteristics & Buyer Profile

This is a 1962-built home with 1,242 sq. ft. of living space on a 6,442 sq. ft. lot, located on Peary Crescent in the Westwood neighbourhood. The property’s appeal lies in its lot size. Citywide, the lot ranks in the top 23%, meaning it’s larger than most comparable properties in Winnipeg. However, the home itself is smaller than average for its street (ranking 18th out of 20 on Peary Crescent), and its assessed value of $364k is noticeably below the street average of $413k.

This creates a specific opportunity: you’re buying a house that is modest for its immediate street, but sits on a competitively-sized piece of land in a neighbourhood that is statistically average across most metrics. The home is older (below average for Westwood, where most homes are from 1966), which could mean more maintenance or an opportunity for renovation.

This property would suit a buyer who values outdoor space and land over a large or updated interior, or someone looking for a property in a stable, middle-of-the-pack neighbourhood where the land itself offers relative value compared to the city as a whole. It’s less suited for someone expecting a top-tier home or a walk-in-ready property without potential work.


Five Frequently Asked Questions

  1. How does the assessed value compare to other homes in Westwood?
    The assessed value of $364k is around average for the neighbourhood. Westwood’s average for comparable homes is $392k, but this property ranks in the top 51% citywide, so it’s priced competitively for its area and not an outlier.

  2. Is the lot size actually a meaningful advantage?
    Yes, in a citywide context. The lot is 6,442 sq. ft., ranking in the top 23% across Winnipeg. On its own street, it’s slightly smaller than average, but compared to the overall city, you’re getting a larger-than-usual piece of land for a home of this size and value.

  3. What is the condition of a home built in 1962?
    The year built is below average for the Westwood neighbourhood (which averages 1966) but around average for its specific street. A 1962 home could mean original systems, windows, or insulation, so a home inspection is important. It does not indicate a teardown, but it suggests a property that may benefit from updates.

  4. Why is the street ranking for living area so low?
    The home’s 1,242 sq. ft. ranks 18th out of 20 homes on Peary Crescent. This means it’s one of the smallest homes on that street. The street average is 1,488 sq. ft., so the home is about 250 sq. ft. smaller than many of its neighbours. This is not a flaw, but it does mean the property is not a standard match for the street’s typical size.

  5. What does “around average” really mean for the neighbourhood and city rankings?
    For the Westwood neighbourhood, this home is statistically typical in terms of living area, assessed value, and lot size relative to other homes nearby. Citywide, it falls near the middle (top 46–49%) for most metrics. This suggests a stable, unexceptional property that fits within the norms of its area—neither a standout nor a liability.

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