45 Henday Bay

Westwood, Winnipeg

Property score

77.9

Good

Overall 77.9 · Larger but older than most nearby homes

1,775 sqft (top 11%) · Built in 1962 (4 yrs older than avg)

Located in a high-income area with median household income of ~108k

Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 shop, 1 park, and 1 sports facility nearby

Living Area

Above average

29% larger than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 89%Tagalog · 2%

Past 10 years Westwood sales snapshot (~80% of all data)

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

77.9 is composed by the two sections below.

Property Score

75.4Good
Living Area86
1,775 sqftExcellent
Year Built46
1962Low
Lot Size85
6,815 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

81.6Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110316

Community deep dive

$108K

Median household income

$110K

Average household income

6%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.6

P90 / P10 ratio

22%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)601
Labour force participation rate65%
Median age46.0
Avg household size2.5
Unemployment rate6%
Population density2861 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children30%
Median household income (2020)$108K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Tagalog · 1%

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

Rankings

Living Area

Elite
1,775 sqft
0255075100
Same streetTop 5%Same areaTop 11%CitywideTop 18%
Same street · Henday Bay
#2 / 40
Top 5% · Avg 1,296 sqft
Same area · Westwood
#290 / 2,523
Top 11% · Avg 1,372 sqft
Citywide · Winnipeg
#35,260 / 194,458
Top 18% · Avg 1,342 sqft

Tax-Assessed Value

around average
377k
0255075100
Same streetTop 35%Same areaTop 43%CitywideTop 45%
Same street · Henday Bay
#14 / 40
Top 35% · Avg 369.1k
Same area · Westwood
#1,091 / 2,523
Top 43% · Avg 392.1k
Citywide · Winnipeg
#87,097 / 194,458
Top 45% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 8%Same areaBottom 20%CitywideBottom 44%

Lot Size

above average
6,815 sqft
0255075100
Same streetTop 25%Same areaTop 22%CitywideTop 19%

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 Henday Bay — 9 amenities found within 500 m, across 6 categories, including 2 education (nearest 381 m), 1 shopping (nearest 466 m), 1 parks (nearest 454 m).

Search radius
🏫Education2
🛒Shopping1
🌳Parks1
💪Sports1
Worship3
🏛️Government1

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 1/2025CA$300k–350k
Sold price

Same street

Bottom 30%

Same area

Bottom 25%

City-wide

Bottom 42%

Related homes

Highlights & common questions: 45 Henday Bay, Winnipeg

45 Henday Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1962-built single-family home with 1,775 sq ft of living space on a 6,815 sq ft lot. What stands out most is the living area: this property ranks in the top 5% on its street, top 11% in the Westwood neighbourhood, and top 18% citywide. That means it offers noticeably more interior space than most comparable homes nearby. The lot is also above average at every level, falling in the top 19% citywide. The assessed value sits right around local averages, so you’re getting above-average space without an above-average tax assessment.

The home is older than most in Westwood (built 1962 vs. a neighbourhood average of 1966), but among the newer homes on Henday Bay, where it ranks third. This suggests a street with older stock overall and a home that’s held up well relative to its immediate neighbours.

The appeal here is straightforward: you get a generous floor plan and a good-sized lot in an established area, without paying a premium for it. The square footage is the main draw, especially for buyers who value room to spread out, work from home, or host guests. It would suit families looking for more space than the neighbourhood norm, or anyone who plans to update over time rather than pay for someone else’s renovations. The land itself also offers potential for future expansion or landscaping projects, given its size.


Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The assessed value of $377,000 is almost exactly average for Henday Bay, slightly below the Westwood average ($392,000) and slightly above the citywide average ($390,000). For the square footage you get, this is a favourable position—you’re getting a larger home than most without a higher tax bill.

2. Is the home in good shape for its age?
That depends on its specific condition, which isn’t detailed in the raw data. What the numbers do show is that the home is newer than most on its street but older than the Westwood average. Buyers should expect a house that’s over 60 years old and plan for updates, especially if systems or finishes haven’t been modernized in recent years.

3. What’s the lot like, and is it usable?
At 6,815 sq ft, the lot is above average on the street, in the neighbourhood, and citywide. Lot size alone doesn’t always translate to a perfectly flat or fenced yard, but the numbers suggest more outdoor space than typical. It’s worth seeing in person to understand the shape and usability.

4. How does this property compare to others on Henday Bay?
It ranks 2nd out of 40 homes on the street for living area, 10th for lot size, and 14th for assessed value. That means it’s one of the largest homes in terms of floor space, on a slightly larger-than-average lot, with a below-average price for the street. It’s a strong value proposition within the immediate area.

5. What kind of buyer would be the best fit here?
Two profiles come to mind: a family who needs more interior space than what’s typical in Westwood, and someone who wants to buy into a good street at a reasonable entry point with the intention of renovating. The land value and square footage give you flexibility that newer or pricier homes nearby may not offer.