19 Shakespeare Bay Property Summary

Key Characteristics & Buyer Profile

This 1,564 sqft home on Shakespeare Bay in Winnipeg's Westwood neighbourhood was built in 1968. Its living space is larger than average—ranking in the top 34% on the street, top 21% in the neighbourhood, and top 27% citywide. The assessed value of $393,000 sits close to the local averages, meaning you're getting above-average square footage without paying a premium for it. The lot is 5,866 sqft, which is smaller than most others on the street (ranking 29th out of 32), but it aligns more closely with typical lot sizes across Westwood and Winnipeg as a whole.

The home's appeal comes from its solid interior space relative to cost. It's not the biggest on the block, but it's one of the roomier options in the wider area for a price that stays in line with what neighbours and nearby homes are valued at. The 1968 build year is slightly newer than the neighbourhood median, which can mean fewer major structural updates needed compared to older homes in the area, though it's worth noting that's now over 55 years old.

This property would suit a buyer who prioritises interior square footage over land size—someone who wants generous living and bedroom space but doesn't need a large yard or garden. It also makes sense for someone looking for value in Westwood without stretching into the top price tier of the street or neighbourhood. Buyers who are comfortable with a home that's been (or will need) mid-century updates will find this a practical fit.

Frequently Asked Questions

1. How does the property's land size compare to others nearby, and does that matter?

The lot is below average for Shakespeare Bay but in line with many homes across Westwood and Winnipeg. If you're after a large yard for gardening, play equipment, or expansion, this may feel tight compared to immediate neighbours. If you prefer lower-maintenance outdoor space, the smaller lot is a practical advantage.

2. What does "assessed value" actually mean for a buyer?

The assessed value ($393,000) is what the city uses to calculate property taxes. It's not the same as market price, but it's a useful benchmark for comparing tax burdens. This home's assessment is very close to both the neighbourhood and city averages, so property taxes should be predictable and not unusually high or low relative to similar homes.

3. Should I be concerned about the home being built in 1968?

Homes from the late 1960s are common in this area. They often have solid construction but may need updates to insulation, windows, electrical, or plumbing depending on what's been done since. Always get a thorough inspection, especially for older roofs, furnaces, and foundations. The build year ranks favourably on the street and in the neighbourhood, but age-related maintenance should still be expected.

4. Why is the living space ranked higher in the neighbourhood than on the street?

Shakespeare Bay has larger homes on average (1,481 sqft) compared to Westwood as a whole (1,372 sqft). So while this home is only slightly above average on its own street, it stands out more against the broader neighbourhood. That's a strong selling point if you value space, since the home offers more room than the typical Westwood property.

5. What kind of updates or renovations would add the most value here?

Given the strong interior size and average assessment, focusing on kitchen and bathroom upgrades, or improving energy efficiency (windows, insulation), would likely yield the best return. Expanding the footprint isn't necessary—the square footage already outperforms the area—but modernising dated finishes would make the home more competitive with newer or renovated listings nearby.