18 Belcourt Bay – Property Summary

Key Characteristics and Buyer Profile

This is a 1964-built home in Winnipeg’s Westwood neighbourhood, with 1,130 square feet of living space on a 6,045-square-foot lot. The property is assessed at $366,000 for tax purposes.

The standout feature here is the lot. It ranks 7th out of 41 homes on Belcourt Bay (top 17%) and sits in the top 30% city-wide. That means more yard space than most comparable properties, especially relative to the modest interior square footage. The house itself is at the smaller end for the street and neighbourhood—about 100 square feet below the local average and roughly 200 square feet below the city average. The build year is right around the median for both the street and the wider area, so nothing noteworthy there. The assessed value is close to the street average but slightly below the Westwood and city medians.

The appeal lies in the land-to-house ratio. Buyers who value outdoor space—whether for gardening, a workshop, future expansion, or simply room to breathe—will find this property offers something the typical home in this price range does not. It suits buyers who see potential in a smaller, older home on a generous lot, rather than those looking for a turnkey finished interior or maximum square footage for the price. It also fits someone who wants to be in this specific stretch of Belcourt Bay without paying a premium for a larger house they don’t need.

Five Possible FAQs

1. How does the living space compare to other homes in the area?

It’s below average. On Belcourt Bay, 1,130 sqft places it 30th out of 41 homes. In Westwood, it’s in the bottom quarter. Across Winnipeg, it’s closer to the middle—still below the city average of 1,342 sqft, but not dramatically so.

2. Is the assessed price accurate or likely to change?

The assessment of $366,000 is close to the street average and below the neighbourhood and city averages. Assessments are based on market conditions at a fixed point in time, so they don’t always reflect current demand. That said, this property is priced below the local median, which may reflect the smaller interior rather than any issue with the land.

3. What’s the lot actually usable for?

At just over 6,000 square feet, it’s a generous suburban lot. It ranks in the top 30% city-wide. Depending on zoning, it could accommodate a large garden, a detached garage or shed, or future additions. It’s worth checking local setback rules and permits if expansion is a consideration.

4. Is the 1964 build something to worry about?

Not necessarily. A home of this age is likely due for updates to mechanicals, insulation, or windows—but that depends on what the current owner has already done. The build year is average for the street and area, so you’re not dealing with an unusually old structure. A home inspection is the best way to identify specific concerns.

5. Why is the assessed value lower than the neighbourhood average?

The main reason is the smaller living area. Westwood’s average home is about 1,370 sqft, so this property is roughly 240 sqft smaller. The land offsets that somewhat, but assessments weigh interior square footage heavily. If the lot has development potential, the assessed value may not fully reflect that.