Property score
83.8
Excellent
Overall 83.8 · Larger but older than most nearby homes
3,152 sqft (top 1%) · Built in 1920 (46 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: 4 parks nearby
Living Area
Above average
130% larger than neighborhood avg.
Year Built
Below average
46 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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83.8 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
3238 Assiniboine Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 220 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 standout property in Winnipeg’s Westwood neighbourhood, largely defined by its exceptionally large land and living area. The home sits on a 19,375 sqft lot—roughly three times the city average for comparable homes—and offers 3,152 sqft of living space. Both figures rank in the top 2% citywide, while the home’s assessed value of $709,000 places it in the top 4% across Winnipeg and the top 1% within the neighbourhood.
What makes this property less obvious than raw numbers suggest is its age. Built in 1920, it is significantly older than most homes on its street (average year built: 1960) and within Westwood (1966). That means a buyer is not just paying for space, but for an older structure that may carry original character, higher maintenance demands, and potentially outdated systems. The value is weighted heavily in the land and square footage, not in a newly constructed shell.
The appeal here is twofold. First, the lot size is rare for an established neighbourhood close to the Assiniboine River corridor. Second, the large floorplan offers flexibility for families, multi-generational living, or someone looking to renovate on a prime piece of ground. The assessed value is strong relative to the area, but not inflated—meaning there may be room for value-add through updates.
This property suits a buyer who values space—both indoor and outdoor—over turnkey condition. It would work well for someone comfortable with an older home who sees potential in upgrading or expanding, or for a buyer specifically seeking a large lot in a mature, well-ranked neighbourhood without moving to the outer suburbs.
1. How does the age of the home affect its assessed value compared to newer homes in the area?
Despite being among the oldest homes in Westwood (top 100% oldest in the neighbourhood), its assessed value ranks in the top 1% locally. This suggests the land and living area are the primary drivers of value, not the building’s age. Buyers should expect older construction methods, possible knob-and-tube wiring, and less insulation by modern standards.
2. Is the land large enough to subdivide or develop?
At 19,375 sqft, it is well above typical lot sizes in the area, but subdivision depends on zoning and city regulations. Buyers interested in developing should check current zoning for Assiniboine Avenue and consult the city’s planning department—this summary does not speak to that possibility.
3. How does this home compare to others on the same street?
On Assiniboine Avenue, this home ranks #12 for living area (top 4%) and #29 for land area (top 9%). Its assessed value is #40 (top 12%), meaning it is among the higher-value properties but not the absolute highest. It is older than 93% of homes on the street, so it stands out as a larger, older, and relatively well-valued property compared to neighbours.
4. What is the neighbourhood like in terms of property values and character?
Westwood ranks in the top 1% citywide for both living area and land area among comparable homes. Average assessed value in the neighbourhood is $392,100, so this property is nearly double that. The area is established, with larger lots and older homes, and sits near the Assiniboine River—offering a quieter, more spacious feel than central Winnipeg without being suburban.
5. What should a buyer look out for during an inspection on a 1920 home?
Prioritize the foundation, roof, and electrical system—these are common weak points in homes of this era. Also check for knob-and-tube wiring, lead pipes, and asbestos in older insulation or flooring. Given the large land area, drainage and grading around the house are worth a close look, especially if there are mature trees or signs of water pooling.
