25 Ericsson Bay

Westwood, Winnipeg

Property score

65.3

Good

Overall 65.3 · Smaller and older than most nearby homes

1,089 sqft (bottom 17%) · Built in 1961 (5 yrs older than avg)

Located in a high-income area with median household income of ~108k

Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 8 dining spots, 2 schools, 3 shops, and 1 park nearby

Living Area

Below average

21% smaller than neighborhood avg.

Year Built

Below average

5 yrs older than neighborhood avg.

Mother tongue

English · 89%Tagalog · 2%

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

65.3 is composed by the two sections below.

Property Score

54.4Fair
Living Area1,089 sqft52Fair
Year Built196146Low
Lot Size6,181 sqft81Excellent
Neighbourhood Sales Activity37Low

Community Score

81.6Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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: #46110316

Community deep dive

$108K

Median household income

$110K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

22%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)601
Labour force participation rate65%
Median age46.0
Avg household size2.5
Unemployment rate6%
Population density2861 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children30%
Median household income (2020)$108K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Tagalog · 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
1,089 sqft
0255075100
Same streetBottom 7%Same areaBottom 17%CitywideBottom 38%
Same street · Ericsson Bay
#38 / 41
Bottom 7% · Avg 1,298 sqft
Same area · Westwood
#2,104 / 2,523
Bottom 17% · Avg 1,372 sqft
Citywide · Winnipeg
#119,814 / 194,458
Bottom 38% · Avg 1,342 sqft

Tax-Assessed Value

around average
360k
0255075100
Same streetBottom 34%Same areaBottom 42%CitywideTop 50%
Same street · Ericsson Bay
#27 / 41
Bottom 34% · Avg 373.2k
Same area · Westwood
#1,472 / 2,523
Bottom 42% · Avg 392.1k
Citywide · Winnipeg
#97,764 / 194,458
Top 50% · Avg 390.1k

Year Built

above average
1961
0255075100
Same streetTop 29%Same areaBottom 13%CitywideBottom 43%

Lot Size

above average
6,181 sqft
0255075100
Same streetBottom 15%Same areaTop 40%CitywideTop 27%

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

25 Ericsson Bay — 28 amenities found within 500 m, across 9 categories, including 8 dining (nearest 320 m), 2 education (nearest 412 m), 3 shopping (nearest 226 m).

Search radius
🍽️Dining8
🏫Education2
🛒Shopping3
🌳Parks1
💪Sports2
🏦Finance4
Fuel Stations1
Worship6
🏛️Government1

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 7/2021CA$350k–400k
Sold price

Same street

Bottom 46%

Same area

Top 39%

City-wide

Top 38%

Related homes

Highlights & common questions: 25 Ericsson Bay, Winnipeg

25 Ericsson Bay – Property Summary

Key Characteristics and Buyer Profile

This 1,089 sqft home, built in 1961, sits on a 6,181 sqft lot in Winnipeg’s Westwood neighbourhood. The living space is below the average for both the street (1,298 sqft) and the wider community (1,372 sqft), placing it in the bottom tier locally. However, on a citywide scale, the size is close to average—a reminder that “small” is relative depending on where you’re comparing.

The assessed value of $360,000 is also near average for the street and slightly below the community and city medians. This suggests the price is in line with the local market, not a standout bargain or premium. The land, at 6,181 sqft, is below average for the street but above average citywide, which could matter for buyers who value yard space over interior square footage.

The home was built in 1961, making it older than most in Westwood (where the average build year is 1966) but newer than the average on its own street. This means it sits in a mixed-age block—some neighbours are slightly older, some newer.

Who this might suit: Buyers who are willing to trade interior size for a decent-sized lot, who are comfortable with an older home that may need updates, and who are looking in a more established, possibly quieter part of the city. It’s less suited to someone who wants a larger floor plan or a move-in-ready modern finish without any work.


Frequently Asked Questions

1. How does this property compare to others on the same street?
It ranks 38th out of 41 homes on Ericsson Bay for living area, and 35th for lot size. The assessed value is 27th out of 41—close to the street average. So it’s one of the smaller homes on the block, with a slightly smaller-than-average yard.

2. Is the assessed value a reliable indicator of market price?
Assessed value is used for property tax purposes and is not the same as market value. In this case, the assessment is near the local and city averages, which suggests the home is priced in a typical range for its area. But a home inspection and recent comparable sales would give a clearer picture.

3. What does “close to average” mean for the citywide comparisons?
For living area, the home is in the 62nd percentile citywide—meaning it’s slightly smaller than most homes in Winnipeg. For lot size, it’s in the 27th percentile, meaning the yard is larger than about 73% of city properties. So while the house itself is modest, the land is a relative strength.

4. Should I be concerned about the 1961 build year?
Not necessarily, but it’s worth knowing that the home is older than the Westwood community average. Depending on maintenance history, this could mean older systems (plumbing, electrical, insulation) or original features that some buyers appreciate. A thorough inspection is recommended.

5. How does the lot size affect usability?
At 6,181 sqft, the lot is above average citywide but below average for the immediate street. That means you get more outdoor space than many Winnipeg homes, but on this particular block, neighbours likely have slightly larger yards. It’s a moderate-sized lot—enough for a garden, play area, or patio, but not expansive.

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