27 Shakespeare Bay – Property Summary

Key Characteristics & Buyer Profile

This is a single-family home in the Westwood area of Winnipeg, built in 1968. The living area is 1,424 square feet, which sits close to the average for both the immediate street and the wider neighborhood, but slightly above the citywide median. Where this property stands out is its lot size. The land measures 7,049 square feet—well above average on the street, in the community, and across Winnipeg. It ranks in the top 17% citywide for lot size, which gives it a usable outdoor footprint that many comparable homes in the area lack.

The assessed value is $424,000, which is above average for the street and the neighborhood, and slightly above the city median. That partly reflects the larger lot, but also suggests the home has held value relative to its surroundings. The build year is 1968, which is slightly newer than the neighborhood and city averages—nothing remarkable, but not dated by local standards.

Where the appeal lies: The biggest draw is the land. In a neighborhood where most homes sit on lots around 6,500 square feet, this one offers a meaningful amount of extra outdoor space without being oversized or hard to maintain. It’s the kind of lot that works well for gardening, a workshop, or kids playing without feeling like a burden. The living area is solidly middle-of-the-road—nothing flashy, but functional and typical for the area. The price point reflects that the home isn’t trying to be luxury, but it’s not a fixer-upper either.

Who it would suit: Buyers who prioritize outdoor space over interior square footage. This is a good fit for someone who wants a modestly sized home with a proper yard—especially families or hobbyists who’ll use the land. It’s less suited for someone looking for a large, open-concept interior or a recently renovated property. It could also appeal to someone who values a stable, established neighborhood with solid comparables rather than a high-turnover or speculative market.

Frequently Asked Questions

1. How does this home compare to others on the same street?
It’s a little above average in assessed value and lot size, but roughly average in living area. It ranks 7th out of 32 homes on Shakespeare Bay for total value, and 5th for land size. So it’s one of the better-value properties on the street, especially if you care about outdoor space.

2. Is the living area small for a home in this price range?
Not really—it’s close to the average for the neighborhood and city. At 1,424 square feet, it’s typical for a 1960s-era home in this part of Winnipeg. Buyers expecting a newer, larger floor plan might find it modest, but it’s in line with what’s standard for the area.

3. Why is the assessed value above average if the house isn’t especially large?
The value is driven more by the lot than the house. Larger land parcels in established neighborhoods tend to carry a premium, even if the home itself isn’t oversized. The location within Westwood also plays a role.

4. What’s the condition of a 1968 home like this?
That depends on the specific updates. The data only covers size, value, and age—not renovations or structural condition. Buyers should expect some original features or systems, but 1968 is a common build year in this area, so many homes have been partially updated over time.

5. How does the lot size actually compare to other homes nearby?
It’s noticeably above average. The street average is about 6,476 square feet, and this lot is 7,049. In the broader Westwood area, it ranks in the top 18%. For Winnipeg as a whole, it’s in the top 17%. That’s a meaningful difference for anyone who’s used to typical suburban lots.