22 Keats Way

Westwood, Winnipeg

Property score

67.3

Good

Overall 67.3 · Smaller than most nearby homes

1,078 sqft (bottom 16%) · Built in 1965 (1 yr older than avg)

Located in a high-income area with median household income of ~113k

Transit 92.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 2 schools, 2 parks, and 1 sports facility nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 86%French · 1%

Past 10 years Westwood sales snapshot (~80% of all data)

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

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Property score

67.3 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,078 sqft52Fair
Year Built196546Low
Lot Size6,265 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

86.7Excellent
Household Income90Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

Neighbourhood Sales

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.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

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

65%

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.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46111090

Community deep dive

$113K

Median household income

$115K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)1,120
Labour force participation rate58%
Median age50.8
Avg household size2.5
Unemployment rate5%
Population density1098 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children31%
Median household income (2020)$113K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority9%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 1%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,078 sqft
0255075100
Same streetBottom 21%Same areaBottom 16%CitywideBottom 37%
Same street · Keats Way
#26 / 33
Bottom 21% · Avg 1,294 sqft
Same area · Westwood
#2,127 / 2,523
Bottom 16% · Avg 1,372 sqft
Citywide · Winnipeg
#122,733 / 194,458
Bottom 37% · Avg 1,342 sqft

Tax-Assessed Value

above average
411k
0255075100
Same streetTop 12%Same areaTop 26%CitywideTop 36%
Same street · Keats Way
#4 / 33
Top 12% · Avg 372.5k
Same area · Westwood
#647 / 2,523
Top 26% · Avg 392.1k
Citywide · Winnipeg
#69,464 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 6%Same areaTop 43%CitywideBottom 47%

Lot Size

above average
6,265 sqft
0255075100
Same streetTop 30%Same areaTop 37%CitywideTop 26%

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.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

22 Keats Way — 5 amenities found within 500 m, across 3 categories, including 2 education (nearest 277 m), 2 parks (nearest 193 m).

Search radius
🏫Education2
🌳Parks2
💪Sports1

Crime & Safety

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%

Sales History

Sold 6/2019CA$350k–400k
Sold price

Same street

Top 45%

Same area

Top 46%

City-wide

Top 42%

Related homes

Highlights & common questions: 22 Keats Way, Winnipeg

22 Keats Way – Property Summary

Key Characteristics & Buyer Profile

This 1965-built home on Keats Way sits on a 6,265 sqft lot, with 1,078 sqft of living space. Its assessed value (for tax purposes) is $411,000. Compared to others on the same street, the lot size is slightly above average, and the assessed value ranks among the top few homes in the immediate area. The living area, however, is smaller than both the street and neighbourhood averages.

The property’s main appeal lies in its land-to-value ratio. The lot is generous relative to the house size, and the assessed value is notably high for this street — suggesting the location or land itself carries weight. For a buyer, this could mean potential to renovate, expand, or simply own a home where the land has held or grown its value more than the structure.

This home would suit buyers who are less concerned with immediate square footage and more focused on long-term property value in a stable neighbourhood. It may also appeal to someone looking for a smaller, manageable home on a good-sized lot in a well-ranked street within Westwood. Buyers who plan to renovate or rebuild should take note of the land position. Those wanting a large finished interior right away may find the living area tight compared to nearby options.


Five Possible FAQs

1. How does the living space compare to other homes nearby?
It’s below average. On Keats Way, it ranks 26th out of 33 homes, and in the wider Westwood area, it’s in the lower 16%. If a spacious interior is a priority, this home is on the smaller side.

2. Is the assessed value high relative to the house size?
Yes. The $411,000 assessment is well above the street average of $372,000 and above the neighbourhood average too. This suggests the value is tied more to the land and location than the structure itself.

3. What year was the house built, and is that typical for the area?
It was built in 1965, which is nearly identical to the average build year on this street and in Westwood. It’s very much in line with the neighbourhood’s age profile.

4. How big is the lot, and is it considered generous?
The lot is 6,265 sqft. That’s slightly above the street average and larger than about 74% of properties city-wide. It’s a decent size, especially for a home with a smaller footprint.

5. Who would this property be a good fit for?
Buyers who see value in the land more than the house itself — whether for future renovation, expansion, or as a solid entry into a desirable street. Also good for someone who wants a smaller, more manageable home without sacrificing lot size or location quality.

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