19 Henday Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,108 sqft single-family home built in 1961, sitting on a 6,181 sqft lot. The assessed value is $349,000.

What stands out here is the land-to-living-area ratio. The lot is modest by street standards (ranked 39th out of 40 on Henday Bay), but when you zoom out to the city level, the land area is actually above average—top 27% citywide. That puts this property in an interesting position: you're getting a smaller-than-average house on a lot that, while tight for the street, is still decent relative to Winnipeg as a whole. The house itself is an older build (1961), typical for the area, with a living area that's below both the street and neighbourhood averages.

The appeal lies in affordability and potential. The assessed value is below both the street and neighbourhood averages, which could make it an entry point for buyers who want to be in Westwood without paying the median price. The older home may also appeal to someone looking to renovate or add square footage, especially since the lot, while not oversized, offers some flexibility.

This property would suit first-time buyers looking for a lower-cost entry into a stable, established neighbourhood. It may also suit someone with renovation experience who sees the smaller living area as an opportunity to increase value over time. It's less suitable for someone seeking a turnkey home or a large lot for outdoor space or expansion.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value of $349,000 is below the street average of $369,100 and well below the neighbourhood average of $392,100. It ranks in the top 68% on the street and top 69% in the area, meaning it's priced competitively for the location.

2. Is the lot size a limitation or an opportunity?
At 6,181 sqft, the lot is the second smallest on the street (top 98%), but it's above the citywide average. That means it's not a large yard by local standards, but it's still workable for gardening, a small shop, or a modest addition—just don't expect a sprawling backyard.

3. How does the living area compare to other homes?
At 1,108 sqft, it's below both the street average (1,296 sqft) and the neighbourhood average (1,372 sqft). It ranks in the bottom 17% on the street and bottom 20% in the area. This is a compact home, suitable for small households or someone comfortable with less square footage.

4. What does the year built tell me about the home's condition?
Built in 1961, the home is around the same age as most homes on the street (average 1961) but older than the neighbourhood average (1966). This suggests you're looking at a home that may have original systems or finishes, so a home inspection and a check of major updates (roof, furnace, electrical, windows) would be wise.

5. How does this property rank compared to others in Winnipeg overall?
Citywide, this home is fairly average across most metrics. Living area is top 60%, assessed value top 54%, and year built top 57%. The standout is the land area, which ranks in the top 27% citywide—meaning the lot is larger than what's typical for Winnipeg as a whole, even though it's small for this street.