Property score
79.5
Good
Overall 79.5 · Larger but older than most nearby homes
1,587 sqft (top 19%) · Built in 1960 (6 yrs older than avg)
Located in a high-income area with median household income of ~127k
Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 2 parks nearby
Living Area
Above average
16% larger than neighborhood avg.
Year Built
Below average
6 yrs older than neighborhood avg.
Mother tongue
English · 88%French · 1%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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79.5 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: #46110323
$127K
Median household income
$172K
Average household income
2%
Low income (LIM-AT)
0.3
Income inequality (Gini)
3.1
P90 / P10 ratio
14%
Single-person households
35%
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
3120 Assiniboine Avenue — 2 amenities found within 500 m, across 1 categories, including 2 parks (nearest 79 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 31% | Top 5% | Top 11% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1960-built home with 1,587 sq ft of living space, sitting on a notably large 20,998 sq ft lot. The property’s strongest feature is its land: it ranks in the top 1% city-wide for lot size, and in the top 1% within the Westwood neighbourhood. The assessed value of $558,000 is above average for Winnipeg (top 12%) and significantly above the Westwood average of $392,000, reflecting the premium placed on large lots in the area.
The appeal lies in the land. For buyers who value outdoor space, privacy, or the potential for future expansion or redevelopment (subject to zoning), this lot offers something rare inside the city. The house itself is mid-sized for its street but larger than average for the neighbourhood and city, though it was built in 1960, making it older than many surrounding homes. This isn’t a turnkey modern property—it’s a home where the value is weighted toward the land, not the structure’s age or finishes.
This property suits buyers who:
It is less suited for those wanting a move-in-ready home with modern layout and updated systems, or for buyers who see a 1,587 sq ft home as too small for the lot size.
1. Why is the assessed value so much higher than the neighbourhood average?
The assessed value is driven primarily by the lot size. Westwood’s average assessed value is $392,000, but typical lots are around 6,500 sq ft. At 20,998 sq ft, this property’s land is roughly three times larger than average, which pushes the total assessment well above the neighbourhood norm. The house itself contributes less to the value than the land.
2. Can the house be expanded or rebuilt on this lot?
That depends on current zoning and setback requirements, which are not listed here. However, a lot this size in an established residential area like Westwood often allows for additions, a secondary dwelling (if permitted by current zoning), or a full rebuild. A buyer should verify with the city’s planning department before assuming what’s possible.
3. How does the 1960 build year affect the property?
Homes from the 1960s are common on this street, but the property is older than most in Westwood (average build is 1966) and the city overall. This typically means original mechanicals, windows, and insulation may need updating. It also means the house may not have the open floor plan or master suite layout many buyers expect. The upside is that older construction often uses solid materials and is located on well-established streets with mature trees.
4. Is this a good investment for land banking in Winnipeg?
Large lots in established neighbourhoods are relatively scarce, especially those ranking in the top 1% city-wide. Over time, land in desirable areas tends to appreciate, and a lot of this size offers flexibility if future zoning changes allow denser development. However, Westwood is not a high-demand infill neighbourhood like Wolseley or River Heights, so appreciation may be more gradual. It’s a long-term hold rather than a quick flip.
5. How does this property compare to others on Assiniboine Avenue?
The lot is significantly larger than average on the street (20,998 sq ft vs. the street average of 10,920 sq ft), placing it in the top 8%. The house itself is slightly smaller than the street average for living space (1,587 sq ft vs. 1,763 sq ft), but the assessed value is slightly above the street average, again reflecting the land premium. It’s a standout on the street for its yard, not its house size.
