23 Shakespeare Bay

Westwood, Winnipeg

Property score

79.2

Good

Overall 79.2 · Larger and newer than most nearby homes

1,659 sqft (top 15%) · Built in 1969 (3 yrs newer than avg)

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

Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, and 1 park nearby

Living Area

Above average

21% larger than neighborhood avg.

Year Built

Above average

3 yrs newer 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

79.2 is composed by the two sections below.

Property Score

74.2Good
Living Area1,659 sqft83Excellent
Year Built196952Fair
Lot Size6,011 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

above average
1,659 sqft
0255075100
Same streetTop 9%Same areaTop 15%CitywideTop 23%
Same street · Shakespeare Bay
#3 / 32
Top 9% · Avg 1,481 sqft
Same area · Westwood
#386 / 2,523
Top 15% · Avg 1,372 sqft
Citywide · Winnipeg
#44,030 / 194,458
Top 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
424k
0255075100
Same streetTop 22%Same areaTop 22%CitywideTop 33%
Same street · Shakespeare Bay
#7 / 32
Top 22% · Avg 413.1k
Same area · Westwood
#546 / 2,523
Top 22% · Avg 392.1k
Citywide · Winnipeg
#64,309 / 194,458
Top 33% · Avg 390.1k

Year Built

Elite
1969
0255075100
Same streetTop 3%Same areaTop 8%CitywideTop 49%

Lot Size

around average
6,011 sqft
0255075100
Same streetBottom 28%Same areaTop 47%CitywideTop 31%

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

23 Shakespeare Bay — 3 amenities found within 500 m, across 2 categories, including 2 education (nearest 281 m), 1 parks (nearest 455 m).

Search radius
🏫Education2
🌳Parks1

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 4/2021CA$400k–450k
Sold price

Same street

Bottom 45%

Same area

Top 22%

City-wide

Top 27%

Related homes

Highlights & common questions: 23 Shakespeare Bay, Winnipeg

Key Characteristics & Buyer Fit

This is a 1,659-square-foot home built in 1969, located on Shakespeare Bay in the Westwood area. Its standout feature is its living space: on a street of 32 homes, it ranks 3rd for size (top 9%), and within the wider Westwood neighbourhood, it sits in the top 15% of over 2,500 properties. The assessed value of $424,000 is slightly above the local average but only modestly so in the city-wide context—ranking in the top third overall. The lot is a touch smaller than the street average at 6,011 square feet, placing it in the lower third on the block, but it’s right around the middle for the neighbourhood and city.

The appeal here is subtle. You’re not getting a showpiece lot or a recent build, but you are getting genuinely generous indoor square footage in a solid, mid-century neighbourhood where similar homes tend to be smaller. That extra space—roughly 180 square feet above the street average—is uncommon for this price bracket in this area. It would suit a buyer who prioritises interior livability over curb appeal or a big yard: someone who needs room for a growing family, a home office, or simply likes having breathing room without stretching into a pricier neighbourhood. It’s also a good fit for someone who values the stability of an established 1960s construction era over flashy updates, and who understands that a slightly smaller lot often means less maintenance.


Five Possible FAQs

1. How does this home compare to others on the same street?
It ranks 3rd out of 32 homes for living area, which is well above average. For land size, it’s 23rd—meaning the lot is smaller than most neighbours’. Its assessed value ranks 7th, just above the street average, and it’s the newest home on the block by a small margin.

2. Is the property priced fairly given its size?
The assessed value is $424,000, about $11,000 above the street average and $32,000 above the Westwood average. That premium lines up with the extra square footage—roughly 180 sq ft more than the street norm. On a city-wide scale, it’s close to the median assessed value, suggesting the asking is grounded in real comparables, not inflated.

3. What condition is a 1969 home likely to be in?
That depends entirely on updates. The build year itself is a neutral fact—not unusually old or new for the area. Buyers should budget for potential mid-century quirks: single-pane windows, original mechanicals, or outdated layouts. But many homes from this era have solid bones and can be updated gradually.

4. Why is the lot size ranked so low if it’s close to average city-wide?
Because the street itself has larger-than-average lots. The lot is 6,011 sq ft, which is about 465 sq ft smaller than the Shakespeare Bay average. On a block of 32 homes, that difference pushes it to the bottom third, even though it’s almost exactly average for Westwood and only slightly below the city norm. It’s a street-specific comparison, not a flaw.

5. How does Westwood compare to other Winnipeg neighbourhoods for resale value?
Westwood is an older, established suburb with stable demand, not a hot-growth area. That means prices tend to move steadily rather than spike. Homes here often appeal to buyers who want a quieter, more mature setting with decent schools and access to amenities. Resale is generally reliable, but you’re unlikely to see rapid appreciation unless the area sees new development or demographic shifts.

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