31 Henday Bay

Westwood, Winnipeg

Property score

68.5

Good

Overall 68.5 · Smaller and older than most nearby homes

1,108 sqft (bottom 20%) · 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: 4 dining spots, 1 school, 3 shops, and 1 park nearby

Living Area

Below average

19% 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

68.5 is composed by the two sections below.

Property Score

59.8Fair
Living Area1,108 sqft60Fair
Year Built196146Low
Lot Size6,850 sqft85Excellent
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
1,108 sqft
0255075100
Same streetBottom 17%Same areaBottom 20%CitywideBottom 40%
Same street · Henday Bay
#33 / 40
Bottom 17% · Avg 1,296 sqft
Same area · Westwood
#2,029 / 2,523
Bottom 20% · Avg 1,372 sqft
Citywide · Winnipeg
#115,894 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
335k
0255075100
Same streetBottom 12%Same areaBottom 18%CitywideBottom 41%
Same street · Henday Bay
#35 / 40
Bottom 12% · Avg 369.1k
Same area · Westwood
#2,078 / 2,523
Bottom 18% · Avg 392.1k
Citywide · Winnipeg
#115,138 / 194,458
Bottom 41% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetTop 33%Same areaBottom 13%CitywideBottom 43%

Lot Size

above average
6,850 sqft
0255075100
Same streetTop 18%Same areaTop 20%CitywideTop 18%

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

31 Henday Bay — 16 amenities found within 500 m, across 8 categories, including 4 dining (nearest 432 m), 1 education (nearest 372 m), 3 shopping (nearest 355 m).

Search radius
🍽️Dining4
🏫Education1
🛒Shopping3
🌳Parks1
💪Sports2
🏦Finance1
Worship3
🏛️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 6/2016CA$250k–300k
Sold price

Same street

Bottom 10%

Same area

Bottom 7%

City-wide

Bottom 30%

Related homes

Highlights & common questions: 31 Henday Bay, Winnipeg

31 Henday Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,108 sqft home built in 1961 on a 6,850 sqft lot, with an assessed value of $335,000. The property is consistently smaller and lower-valued than its immediate neighbours on Henday Bay and in the Westwood area—both the living area and assessed value rank near the bottom of the street. The year built is typical for the street (1961) but slightly older than the broader neighbourhood average (1966). Where this home stands out is its land: the lot is above average for the street, neighbourhood, and city, ranking in the top 20% citywide. That suggests the appeal here isn’t the house itself—it’s a modest, mid-century bungalow in an established area—but the possible opportunity the land presents. A buyer who values yard space, wants room for a future addition or redevelopment, or simply prefers an older, well-settled neighbourhood over newer subdivisions would find this property suited to them. It’s less likely to suit someone looking for a move-in ready, updated home or a house that matches the typical size and value of the surrounding properties.

Frequently Asked Questions

1. How does this property compare to others on the same street?
It’s smaller and lower in assessed value than most homes on Henday Bay. The living area is below average (33rd out of 40), the assessed value is near the bottom (35th out of 40), and the lot is above average (7th out of 40). The home’s age is about average for the street.

2. Is the assessed value a good indicator of market price?
Not directly. Assessed value is a government estimate used for property tax purposes, not a current market valuation. Citywide, the home ranks around average for assessed value (top 59%), but actual sale prices depend on condition, renovations, and buyer demand—none of which are reflected in the assessment data.

3. Why is the land area significant here?
At 6,850 sqft, the lot ranks in the top 18% citywide and top 20% within Westwood. That’s unusually large for an older infill property in Winnipeg. For buyers thinking long-term, the land could hold more value than the structure itself, especially if the house is modest or dated.

4. What do the "rankings" and "tiers" actually mean?
Each ranking shows how this property compares to similar homes within a specific scope—street, neighbourhood, or city. The percentage indicates the share of comparable properties it outperforms. For example, a top 18% land ranking means it has a larger lot than 82% of comparable homes citywide. The bar fill and colour are visual cues for how far above or below the median it falls.

5. Should I expect a higher renovation cost due to the 1961 build?
Possibly, but not necessarily. A 1961 home may have original systems (electrical, plumbing, heating) that need updating, and materials like asbestos or lead paint were common in that era. That said, older homes in established areas often have solid framing and mature landscaping. A thorough home inspection is advisable to assess the actual condition—age alone doesn’t determine cost.

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