209 Bedson Street – Property Summary

Key Characteristics & Buyer Profile

This is a 1967-built home with 1,023 sq ft of living space and a 5,142 sq ft lot, located on Bedson Street in Winnipeg’s Westwood neighbourhood. The property’s assessed value sits at $350,000, close to both the street and city averages.

Where this property stands out is in its simplicity. The living area and lot size are below average compared to other homes on the same street and within Westwood, but the assessed value holds steady near the middle of the pack. That suggests the home may offer more practical value per square foot than its neighbours—potentially appealing to buyers who prioritize a reasonable tax base over maximum square footage. The build year is slightly above the community average, which can be a plus for those who prefer a home from a well-established era with solid original construction, rather than a newer property with higher price tags.

This home would suit a buyer looking for an entry-level or downsized detached property in a settled neighbourhood. It’s not the largest or most updated house on the block, but its relatively modest lot and living area could mean lower maintenance and utility costs. It may also appeal to someone who values location and tax stability over raw size—especially if they plan to renovate or add sweat equity over time.

Five Possible FAQs

1. How does the living area compare to other homes nearby?
The home’s 1,023 sq ft is smaller than the street average (1,222 sq ft) and the Westwood average (1,372 sq ft). It ranks in the bottom 12% on the street and bottom 4% in the neighbourhood. For context, it’s about 24% smaller than the typical Westwood home.

2. Is the lot size a concern?
The lot is 5,142 sq ft, which is below the street average (5,651 sq ft) and significantly below the Westwood average (6,491 sq ft). It ranks near the bottom of the street (92nd percentile) and neighbourhood (87th percentile). That said, it’s close to the city-wide average, so the lot is not unusually small by broader Winnipeg standards.

3. How does the assessed value compare to similar homes?
The assessed value of $350,000 is very close to the street average ($359,000) and slightly below the neighbourhood average ($392,000). It ranks near the middle on the street (52nd percentile) and slightly below middle in Westwood (68th percentile). This suggests the home is priced reasonably in line with its immediate surroundings.

4. What does the build year tell me about the home?
Built in 1967, the home is newer than the average home on Bedson Street (1966) and significantly newer than the typical Westwood home (also 1966, but with a higher concentration of older builds). It’s around the city median for age. Homes from this era often have good bones and larger room layouts, but may need updates to mechanical systems or finishes.

5. Is this home a good fit for a first-time buyer?
It could be, especially for someone who wants a detached home without paying a premium for maximum space or a corner lot. The below-average living area and lot size keep the assessed value manageable, meaning lower property taxes. The trade-off is less room to grow and possibly a tighter fit for families. It’s a practical entry point into a well-established Westwood area, not a showpiece.