Property score
64.5
Fair
Overall 64.5 · Smaller but newer than most nearby homes
1,073 sqft (bottom 13%) · Built in 1967 (1 yr newer than avg)
Located in a high-income area with median household income of ~102k
Transit 62.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Above average
1 yrs newer than neighborhood avg.
Mother tongue
English · 89%Chinese · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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64.5 is composed by the two sections below.
Property Score
Community Score
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.
Sales-to-New-Listings
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
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110319
$102K
Median household income
$122K
Average household income
6%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
12%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
205 Bedson Street — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 170 m), 3 parks (nearest 297 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 5% | Bottom 4% | Bottom 25% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,073 sqft single-family home built in 1967, sitting on a 5,142 sqft lot in Winnipeg’s Westwood neighbourhood. The property’s strongest feature is its construction year: relative to the neighbourhood, it’s newer than about three-quarters of nearby homes (ranked in the top 26%). That means fewer immediate major system replacements compared to older stock in the area, which can be a practical advantage for someone who wants a solid but not brand-new home.
Where the property falls short is lot size and assessed value. The lot is notably smaller than most on the street (ranked 112 out of 122) and well below the neighbourhood average of 6,491 sqft. The assessed value of $316,000 is also below both the street and neighbourhood averages, suggesting either a more modest finish level or less desirable positioning relative to other properties on Bedson Street. Living area, at 1,073 sqft, is roughly on par with citywide averages for comparable homes, but runs smaller than most in Westwood.
Who it suits: This property is a reasonable entry point for a buyer who wants a home that’s newer than average for the area, doesn’t need a large yard, and is willing to take on a property that’s priced below the local norm. It may appeal to first-time buyers looking to get into Westwood without paying for a premium lot, or to investors who see the lower assessment as an opportunity for future value growth through renovation. It would be less suitable for families wanting generous outdoor space or for buyers looking for something that already matches the higher-end feel of the surrounding area.
1. Why is the lot size so small compared to other homes on Bedson Street?
The lot at 205 Bedson is 5,142 sqft, ranking 112th out of 122 homes on the street. This likely reflects the subdivision pattern of the block—some lots were simply cut smaller when the area was developed. The house itself is from 1967, a period when narrower lots were common in certain Winnipeg neighbourhoods. If you value a low-maintenance yard over a large one, this may not be a drawback.
2. How does the assessed value compare to what I might actually pay?
The city assessment of $316,000 is a baseline for property taxes, not a market price. This figure is below the street average ($359,200) and neighbourhood average ($392,100). However, market conditions, renovations, and buyer demand can push the sale price above assessment. In a competitive market, you might end up paying closer to neighbourhood averages, especially if the home’s newer construction year is a strong selling point.
3. Is Westwood generally a good area for resale value?
Westwood has held up reasonably well over time as a stable, residential part of Winnipeg. The neighbourhood’s average assessed value of $392,100 is slightly above the citywide average for comparable homes ($390,100), suggesting modest appreciation potential. However, 205 Bedson itself is priced well below that average, which may indicate it’s a fixer-upper or in a less desirable pocket. If you can improve the property, you may capture some of that gap.
4. What are the biggest risks with this property?
The two main risks are the undersized lot and the below-average assessment. A small lot can limit future expansion, and a low assessment might signal deferred maintenance or a less appealing location (e.g., proximity to a busy road or less desirable street segment). It’s worth checking the condition of the roof, HVAC, and windows—given the 1967 build, these systems could be nearing their end of life if not already replaced.
5. How does the living area of 1,073 sqft compare to other homes I might look at?
Citywide, this size is around average for comparable homes (1,342 sqft average). But in Westwood, the neighbourhood average for living area is 1,372 sqft, so this home is noticeably smaller than what’s typical locally. For a couple or a small family, it may work fine. For anyone used to a larger open-concept layout, the square footage could feel tight, especially if the floor plan is more segmented.
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