Property score
73.6
Good
Overall 73.6 · Older than most nearby homes
1,334 sqft (top 41%) · Built in 1961 (5 yrs older than avg)
Located in a high-income area with median household income of ~108k
Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 5 dining spots, 1 school, 3 shops, and 1 park nearby
Living Area
Near average
3% 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)
898
405k
$307/sqft
1966
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73.6 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: #46110316
$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
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
29 Henday Bay — 18 amenities found within 500 m, across 8 categories, including 5 dining (nearest 400 m), 1 education (nearest 391 m), 3 shopping (nearest 322 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 | Top 35% | Top 36% | Top 35% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This property stands out for its exceptionally large lot. At 13,072 square feet, the land area ranks in the top 3% on the street, in the neighbourhood, and across Winnipeg. The house itself is a 1,334-square-foot bungalow built in 1961, with living space that’s slightly above average for its street but around average citywide. The assessed value of $413,000 is notably strong for the immediate street (top 10%), though it sits closer to the neighbourhood and city medians when you account for the larger context.
The appeal here isn’t the house size—it’s the land. For someone looking to hold a well-located property with future subdivision or redevelopment potential, this lot offers rare flexibility. The home is older and modest in size, so it may not suit buyers seeking move-in-ready finishes or open-concept layouts. It would likely appeal to investors, builders, or homeowners willing to renovate or eventually rebuild. Families who value outdoor space and a quiet street may also find it worthwhile, especially given that the neighbourhood average for living area (1,372 sqft) and land (6,491 sqft) suggests nearby homes are far more constrained.
Less obvious: Because the house is among the older ones in Westwood (top 87% by year built means comparatively old for the area), and assessed value is already above average, there may be some tax upside if you plan to renovate rather than demolish—older homes can sometimes qualify for municipal improvement grants or reduced reassessment penalties after upgrades. Also worth noting: the lot is nearly double the average for the street, which could affect financing or insurance, as some lenders and insurers treat oversized lots differently than standard ones.
1. Is the house liveable as-is, or does it need major work?
The listing data doesn't include condition details, but the 1961 build and average living area suggest original or minimally updated systems. A home inspection would be essential. That said, the assessed value being above average for the street indicates the property (land inclusive) is valued higher than most neighbours—so the structure likely has some functional value, not just land value.
2. What could I do with a 13,072 sqft lot in Westwood?
This lot is large enough that subdivision may be possible, depending on zoning. Westwood is largely zoned for single-family residential, but some properties with oversized lots have been split in recent years. Check with Winnipeg's planning department. Even without subdivision, the extra space for a shop, garden, or addition is a major advantage compared to the 6,800 sqft average on the street.
3. How does the assessed value compare to recent sale prices in the area?
Assessed value is a baseline, not a market price. In Westwood, 2024 sales have ranged roughly 5–15% above assessment for well-maintained homes on standard lots. For a property with this much land, the sale price could exceed assessment more significantly if there's competition from developers. Conversely, if the house needs extensive repairs, the sale price could be closer to or slightly below assessed value.
4. What are the property taxes likely to be?
Winnipeg property taxes are roughly 2.5–3% of assessed value annually. At $413,000 assessed, expect taxes in the range of $10,300 to $12,400 per year. This is higher than the street average (since assessed value is higher), but the land contributes more to the tax bill than the house would. That’s worth factoring in if you plan to hold the property vacant while deciding on redevelopment.
5. Does the older build date affect insurance or mortgage eligibility?
Insurance for a 1961 home can be slightly higher, especially if the electrical, plumbing, or roof haven't been updated. Some insurers may require an electrical safety inspection. For mortgages, most lenders will finance a 1961 home without issue, but if the home is considered unliveable (no kitchen, major structural issues), you may need a renovation mortgage or cash purchase. The large lot alone isn't a problem for standard financing, but it can increase property insurance premiums slightly.
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