45 Coleridge Park Drive

Westwood, Winnipeg

Property score

85.7

Excellent

Overall 85.7 · Larger and newer than most nearby homes

2,286 sqft (top 2%) · Built in 1971 (5 yrs newer than avg)

Located in a high-income area with median household income of ~113k

Transit 74.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

67% larger than neighborhood avg.

Year Built

Above average

5 yrs newer than neighborhood avg.

Mother tongue

English · 86%French · 1%

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

85.7 is composed by the two sections below.

Property Score

85.0Excellent
Living Area2,286 sqft96Excellent
Year Built197158Fair
Lot Size8,381 sqft93Excellent
Neighbourhood Sales Activity37Low

Community Score

86.7Excellent
Household Income90Excellent
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: #46111090

Community deep dive

$113K

Median household income

$115K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)1,120
Labour force participation rate58%
Median age50.8
Avg household size2.5
Unemployment rate5%
Population density1098 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children31%
Median household income (2020)$113K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority9%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,286 sqft
0255075100
Same streetTop 25%Same areaTop 2%CitywideTop 5%
Same street · Coleridge Park Drive
#12 / 48
Top 25% · Avg 1,990 sqft
Same area · Westwood
#62 / 2,523
Top 2% · Avg 1,372 sqft
Citywide · Winnipeg
#10,067 / 194,458
Top 5% · Avg 1,342 sqft

Tax-Assessed Value

Elite
640k
0255075100
Same streetTop 27%Same areaTop 2%CitywideTop 6%
Same street · Coleridge Park Drive
#13 / 48
Top 27% · Avg 580.4k
Same area · Westwood
#54 / 2,523
Top 2% · Avg 392.1k
Citywide · Winnipeg
#11,168 / 194,458
Top 6% · Avg 390.1k

Year Built

Elite
1971
0255075100
Same streetTop 50%Same areaTop 5%CitywideTop 47%

Lot Size

above average
8,381 sqft
0255075100
Same streetTop 50%Same areaTop 9%CitywideTop 10%

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

45 Coleridge Park Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 437 m), 3 parks (nearest 129 m).

Search radius
🏫Education1
🌳Parks3

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 7/2017CA$500k–550k
Sold price

Same street

Bottom 40%

Same area

Top 7%

City-wide

Top 13%

Related homes

Highlights & common questions: 45 Coleridge Park Drive, Winnipeg

45 Coleridge Park Drive – Property Summary

Key Characteristics & Buyer Profile

This is a 2,286 sqft home built in 1971 on an 8,381 sqft lot, with an assessed value of $640,000. What stands out is not the street-level averages (where it ranks solid but not exceptional), but how dramatically it outperforms at the neighbourhood and city scales.

On Coleridge Park Drive, the home is above-average in size and value, but not the top performer. The real story is in Westwood: this property ranks in the top 2% of the neighbourhood for both living area and assessed value. Citywide, it lands in the top 5% for size and top 6% for value. The land parcel is also notably generous—top 10% citywide, and significantly larger than the Westwood average lot size of 6,491 sqft.

The appeal here is subtle. It’s not a showpiece on its street, but it offers rare space and equity within a well-established area. The year built (1971) is typical for the street and slightly newer than the neighbourhood median—meaning the bones are likely solid, but updates may be needed.

Best suited for: Buyers who prioritize square footage and lot size over curb appeal or street prestige. This works well for someone who wants a spacious home in a stable, mature neighbourhood without paying a premium for a top-of-market street. It’s also a strong fit for those who see value in land—the lot alone puts you ahead of most citywide properties.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
On the street, it’s about 10% above the $580,400 average. In the neighbourhood, it’s roughly 63% higher than the $392,100 average. That gap shows the home is an outlier in Westwood, but closer to typical on its own street.

2. Is the 1971 build a concern, or an advantage?
Homes from that era in Westwood tend to have good construction quality (many are bungalows or two-storeys with solid foundations). Being slightly newer than the neighbourhood average (1966) may mean fewer major renovations needed—but systems like HVAC, windows, and roof age should still be verified.

3. Why is the street ranking average but neighbourhood ranking elite?
Coleridge Park Drive has larger, higher-value homes than the rest of Westwood. So the property is competitive street-level, but in the broader neighbourhood, it’s a top-tier asset. In other words, you’re buying into a pocket of above-average homes within an already desirable area.

4. What’s the practical benefit of an 8,381 sqft lot?
That’s roughly 30% larger than the city median. It offers room for expansion (garage, shop, garden suite—subject to zoning), more privacy from neighbours, and better resale potential. In a market where lot size is increasingly constrained, this adds long-term value.

5. Who would this home not suit?
Buyers looking for a turn-key, recently renovated home with modern finishes should be cautious. A 1971 build may need updating, and the street-level status (top 25-27%) means you’re paying for size, not prestige. If neighbourhood cachet or a walkable urban location is your priority, this may feel understated.

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