Property score
61.1
Fair
Overall 61.1 · Smaller and older than most nearby homes
1,124 sqft (bottom 22%) · Built in 1961 (5 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 6 dining spots, 2 schools, 3 shops, and 1 park nearby
Living Area
Below average
18% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 81%Punjabi · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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61.1 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: #46110315
$76K
Median household income
$92K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
18%
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
24 Ericsson Bay — 22 amenities found within 500 m, across 8 categories, including 6 dining (nearest 371 m), 2 education (nearest 374 m), 3 shopping (nearest 275 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 31% | Top 48% | Top 43% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Who It Suits
This is a 1961-built home with 1,124 sqft of living space and a 6,581 sqft lot, currently assessed at $337,000. The property’s standout feature is the lot size. It ranks well above average at the city level (top 21% in Winnipeg) and is also strong within the Westwood neighbourhood (top 27%). The house itself is slightly older than the surrounding area, but on its own street, it’s actually one of the newer homes (top 29%).
The appeal here is more about what you could do with the land than the house itself. The living area and assessed value sit below street and neighbourhood averages, which suggests this isn’t a turnkey property with premium finishes. Instead, it’s a solid, mid-century home on a generous lot in an established neighbourhood.
This property would suit a buyer who values outdoor space and is open to renovations, additions, or even a future rebuild. It’s less ideal for someone looking for a move-in-ready, updated home with no compromises. The lot size gives you flexibility, but the house’s condition and relatively small footprint mean you’re buying potential as much as the current structure.
Five Possible FAQs
Why is the assessed value lower than the neighbourhood average if the lot is above average?
The assessed value reflects both the land and the building. While the lot is large, the house itself is smaller (1,124 sqft vs. 1,372 sqft neighbourhood average) and older than many nearby homes, which brings the total value down.
Is this considered a “teardown” property?
Not necessarily. The house was built in 1961 and is not the oldest home on the street. Whether it’s a teardown depends on your goals and the property’s physical condition, which isn’t detailed here. But given the lot’s size and the house’s modest footprint, it does offer that long-term possibility.
How does the street compare to the larger neighbourhood?
The street (Ericsson Bay) has smaller homes and lower assessed values than Westwood as a whole. The property ranks near the bottom of its street for living area and value, but its lot is around average for the street. This means the home is one of the more modest options in an already modest pocket of the neighbourhood.
What does “top 21% citywide for lot size” actually mean in practice?
It means the lot is larger than about four out of five comparable homes across Winnipeg. In practical terms, this is plenty of yard space for gardens, play areas, or future expansion, especially when compared to newer infill lots in the city.
Would this property appeal to an investor versus a homeowner?
Possibly for an investor focused on land banking or long-term appreciation, given the lot size and below-market assessed value. For a homeowner, it’s best suited to someone who values space and is willing to invest in updating the house over time, rather than expecting a fully finished product from day one.
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