3348 Assiniboine Avenue

Westwood, Winnipeg

Property score

73.2

Good

Overall 73.2 · Newer than most nearby homes

1,293 sqft (top 45%) · Built in 1968 (2 yrs newer than avg)

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

Transit 82.0 · 1-min walk to transit with 2 nearby routes · Within 500m: 4 parks nearby

Living Area

Near average

6% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer 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

73.2 is composed by the two sections below.

Property Score

65.8Good
Living Area66
1,293 sqftGood
Year Built52
1968Fair
Lot Size93
8,860 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

84.2Excellent
Household Income85
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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
1,293 sqft
0255075100
Same streetBottom 22%Same areaTop 45%CitywideTop 42%
Same street · Assiniboine Avenue
#251 / 323
Bottom 22% · Avg 1,763 sqft
Same area · Westwood
#1,139 / 2,523
Top 45% · Avg 1,372 sqft
Citywide · Winnipeg
#81,870 / 194,458
Top 42% · Avg 1,342 sqft

Tax-Assessed Value

Elite
621k
0255075100
Same streetTop 21%Same areaTop 3%CitywideTop 7%
Same street · Assiniboine Avenue
#68 / 323
Top 21% · Avg 533.1k
Same area · Westwood
#68 / 2,523
Top 3% · Avg 392.1k
Citywide · Winnipeg
#12,863 / 194,458
Top 7% · Avg 390.1k

Year Built

above average
1968
0255075100
Same streetTop 29%Same areaTop 18%CitywideTop 50%

Lot Size

above average
8,860 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

3348 Assiniboine Avenue — 4 amenities found within 500 m, across 1 categories, including 4 parks (nearest 189 m).

Search radius
🌳Parks4

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 5/2023CA$800k–850k
Sold price

Same street

Top 10%

Same area

Top 1%

City-wide

Top 2%
Sold 12/2016CA$450k–500k
Sold price

Same street

Bottom 45%

Same area

Top 16%

City-wide

Top 21%

Related homes

Highlights & common questions: 3348 Assiniboine Avenue, Winnipeg

3348 Assiniboine Avenue – Property Summary

Key Characteristics & Buyer Profile

This is a 1,293 sqft home built in 1968 on a notably large 8,860 sqft lot in Westwood. What stands out here isn’t the living space itself—which ranks below average compared to other homes on the same street—but the value tied to the land and the property’s overall assessment. The assessed value of $621,000 places it in the top 7% citywide and top 3% within the neighbourhood, well above the local average of $392,100. In plain terms, the land is the asset, and the house is the structure sitting on it.

The appeal is twofold. First, the lot size is well above neighbourhood and city averages, offering rare outdoor space or future redevelopment potential without needing to leave a central Winnipeg area. Second, the high assessment suggests the location itself carries weight—likely a desirable pocket of Westwood with stable demand. A less obvious angle: the home’s construction year (1968) is newer than the street average (1960), meaning it may have fewer of the aging issues found in neighbouring older builds, even if the interior layout feels dated.

This property suits buyers who prioritize land over finishings. It would work for someone looking to renovate on a solid lot in a strong neighbourhood, or for an investor seeking long-term value in a location where land is scarce and expensive. It is less ideal for a buyer wanting a modern, move-in-ready home with competitive square footage on this specific street.


Five Possible FAQs

1. How does the living area compare to other homes in Westwood?
It is around average for the neighbourhood. The house is 1,293 sqft, while the local average is 1,372 sqft. On its own street, however, it is below average—most homes on Assiniboine Avenue are larger, averaging 1,763 sqft.

2. Why is the assessed value so much higher than the neighbourhood average?
The assessed value reflects the land more than the building, likely due to the large lot and desirable location. It ranked in the top 3% in the neighbourhood and top 7% citywide, which is far above what the square footage alone would suggest.

3. How old is the property, and does that matter?
Built in 1968, it is newer than the average house on Assiniboine Avenue (1960) and the neighbourhood average (1966). This can mean fewer structural issues common in mid-century homes, though it still benefits from a thorough inspection.

4. What kind of outdoor space comes with the house?
The lot is 8,860 sqft—significantly larger than the Westwood average of 6,491 sqft and the citywide average of 6,570 sqft. It ranks in the top 9% citywide for lot size, offering generous yard space or potential for expansion.

5. Who would this home not be right for?
Buyers expecting a house with competitive square footage for the price, or those wanting a fully updated interior without any work, may find better options elsewhere on this street. The value here is land-driven, not home-driven.