Property score
66.8
Good
Overall 66.8 · Smaller but newer than most nearby homes
1,096 sqft (bottom 17%) · Built in 1969 (3 yrs newer than avg)
Located in a high-income area with median household income of ~115k
Transit 100.0 · 2-min walk to transit with 5 nearby routes · Within 500m: 3 schools, 2 parks, and 1 sports facility nearby
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 85%Punjabi · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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66.8 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: #46110318
$115K
Median household income
$128K
Average household income
3%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
16%
Single-person households
33%
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
407 Bedson Street — 6 amenities found within 500 m, across 3 categories, including 3 education (nearest 178 m), 2 parks (nearest 225 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 7% | Top 8% | Top 14% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 5% | Top 8% | Top 14% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,096 sqft bungalow, built in 1969, sits on a 5,685 sqft lot in Winnipeg’s Westwood neighbourhood. What stands out most is the value gap: the home’s assessed value ($442,000) ranks in the top 6% on its street and top 17% in the area, while its living area is only around average for the street and below average for the neighbourhood. That suggests the land or location is carrying much of the price, not the square footage. The home is newer than many nearby (top 10% on the street for build year), and the lot size is slightly above average for Bedson Street but slightly smaller than typical for Westwood overall.
The appeal is pragmatic. This property suits buyers who prioritize location and a solid, newer-for-the-area home over maximum interior space. It would work well for someone who values being in a higher-assessed corridor (often correlating with resale stability or land value appreciation) and doesn’t mind that the living area is modest relative to the neighborhood average. First-time buyers or downsizers who want a manageable footprint on a decent lot—without paying a premium for a large house—may find this a realistic fit. It’s less suited to families needing generous room sizes or a sprawling yard, given the lot is slightly tighter than Westwood norms.
1. Why is the assessed value so high compared to the living area?
Assessed value reflects location, land size, and comparable sales, not just square footage. This home ranks high on its street and in Westwood for value, likely because of its lot position, street appeal, or recent upgrades—but the data provided doesn’t specify condition. The living area being below the neighborhood average reinforces that the value is in the land or setting, not the interior footprint.
2. How does the lot size compare to other homes in Westwood?
The lot (5,685 sqft) is around average for Bedson Street but below average for the wider Westwood area, where the typical lot is about 6,491 sqft. It ranks in the 62nd percentile for the neighborhood (top 38% being larger), so it’s on the smaller side for Westwood but not an outlier.
3. Is this home newer or older than most in the area?
It’s newer than typical. Built in 1969, it ranks in the top 8% for age in Westwood and top 10% on its street. The average build year for both the street and neighborhood is 1966, so this home is slightly newer than most nearby.
4. How does the living area rank citywide vs. on its own street?
Citywide, the home is around average (top 61%). On Bedson Street, it’s also around average (top 57%). The bigger contrast is at the neighborhood level: it ranks in the bottom 17% for living area in Westwood, meaning most homes in the area are larger. Buyers should expect a more compact layout than typical Westwood homes.
5. What does “ranked” mean in the context of this data?
The rankings compare this property to other similar homes (same street, neighborhood, or city) based on each metric—larger living areas, newer build years, higher assessed values, and larger land areas get better ranks. Top 6% means it beats 94% of comparable homes on that street for assessed value. The “Avg” listed is a rough median for those groups, not an exact average of all listings.
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