3295 Assiniboine Avenue

Westwood, Winnipeg

Property score

68.4

Good

Overall 68.4 · Smaller and older than most nearby homes

1,104 sqft (bottom 19%) · Built in 1948 (18 yrs older than avg)

Located in a high-income area with median household income of ~102k

Transit 82.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 5 parks nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Below average

18 yrs older than neighborhood avg.

Mother tongue

English · 84%French · 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

68.4 is composed by the two sections below.

Property Score

57.8Fair
Living Area1,104 sqft60Fair
Year Built194830Low
Lot Size8,958 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

84.2Excellent
Household Income85Excellent
Education Level82Excellent
Housing Stress93Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #46110321

Community deep dive

$102K

Median household income

$129K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.9

P90 / P10 ratio

21%

Single-person households

27%

Families with children

Population, labour & age

Population (2021)446
Labour force participation rate56%
Median age50.4
Avg household size2.4
Unemployment rate4%
Population density2477 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households21%
Couple families with children27%
Median household income (2020)$102K

Housing

Renter households5%
Condominium dwellings0%
Median dwelling value (owners)$380K

Diversity, education & language

Immigrants (share of pop.)17%
Visible minority4%
Bachelor's or higher (25–64)45%
Mother tongue (1st)English · 84%
Mother tongue (2nd)French · 2%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
1,104 sqft
0255075100
Same streetBottom 10%Same areaBottom 19%CitywideBottom 40%
Same street · Assiniboine Avenue
#290 / 323
Bottom 10% · Avg 1,763 sqft
Same area · Westwood
#2,046 / 2,523
Bottom 19% · Avg 1,372 sqft
Citywide · Winnipeg
#116,454 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
329k
0255075100
Same streetBottom 7%Same areaBottom 14%CitywideBottom 39%
Same street · Assiniboine Avenue
#301 / 323
Bottom 7% · Avg 533.1k
Same area · Westwood
#2,180 / 2,523
Bottom 14% · Avg 392.1k
Citywide · Winnipeg
#119,307 / 194,458
Bottom 39% · Avg 390.1k

Year Built

below average
1948
0255075100
Same streetBottom 19%Same areaBottom 1%CitywideBottom 26%

Lot Size

above average
8,958 sqft
0255075100
Same streetTop 47%Same areaTop 8%CitywideTop 9%

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

3295 Assiniboine Avenue — 5 amenities found within 500 m, across 1 categories, including 5 parks (nearest 244 m).

Search radius
🌳Parks5

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 12/2022CA$350k–400k
Sold price

Same street

Bottom 14%

Same area

Bottom 48%

City-wide

Top 45%
Sold 9/2022CA$300k–350k
Sold price

Same street

Bottom 5%

Same area

Bottom 25%

City-wide

Bottom 42%
Sold 12/2016CA$250k–300k
Sold price

Same street

Bottom 2%

Same area

Bottom 7%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 3295 Assiniboine Avenue, Winnipeg

Key Characteristics & Appeal

This is a 1948 bungalow on Assiniboine Avenue in Winnipeg’s Westwood neighbourhood. The property sits on a sizable lot: 8,958 square feet. While the house itself is smaller than typical for its street (1,104 sqft versus the street average of 1,763 sqft), the land is a standout feature. In Westwood, this lot ranks in the top 8% for size, and city-wide it lands in the top 9%. The assessed value is $329,000, which is below the street and neighbourhood averages, but close to the city median.

The appeal here is not the house’s interior square footage or a recent renovation. It’s the land-to-building ratio. Buyers who recognize that older, modest homes on large lots in established neighbourhoods can offer something rare—space outdoors without leaving the city—will see the potential. The property suits someone willing to invest in updating or rebuilding, rather than someone looking for a move-in-ready home with modern finishes. It also suits buyers who prioritize yard space, gardening, or room for additions, and who are comfortable with a home that reflects its age.


Frequently Asked Questions

  1. How does the property’s age compare to others in the area?
    The home was built in 1948, making it older than the average home in Westwood (average build year 1966) and on Assiniboine Avenue (average 1960). It ranks in the oldest 1% of homes in the neighbourhood.

  2. Is the assessed value a good indicator of market value?
    The assessed value of $329,000 is below both the street and neighbourhood averages. However, assessments are not always current market values, especially for properties where the land may be worth more than the structure. A comparative market analysis would give a clearer picture.

  3. What is the advantage of the large lot size?
    At 8,958 sqft, the lot is significantly larger than typical in Westwood (average 6,491 sqft). This offers flexibility for expansion, a large garden, or outdoor living spaces. It also means the land itself holds more long-term value than the house.

  4. What kind of condition is a 1948 home likely in?
    No specific condition details are provided here, but a home of this age often requires attention to systems like plumbing, electrical, and insulation. A thorough inspection is recommended. The home may also have original features that appeal to some buyers.

  5. Who would this property not be a good fit for?
    It’s less suited for buyers wanting a modern open-concept layout, minimal maintenance, or a home that is competitive in size with others on the same street. It’s also not ideal for someone looking for a move-in-ready house without planned work.

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