46 Haliburton Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,620 sqft home sits on a 7,791 sqft lot in Winnipeg’s Westwood neighbourhood, built in 1968. Its assessed value is $407,000.

What stands out: The property performs well above average at the neighbourhood and citywide level for both living area and land size. The lot is notably large compared to most homes in Westwood and across Winnipeg—ranking in the top 12% citywide. The home is also newer than nearly all others on its street (built 1968 vs. a street average of 1966), which adds a slight edge in terms of age and likely updates.

Where it falls short: On its own street, this property is undersized in both living area and lot size relative to neighbours. The assessed value is also below the street average, which may reflect the smaller footprint compared to nearby homes. Buyers should be aware that the immediate block skews toward larger, more expensive properties.

What makes it interesting: The disconnect between street-level and neighbourhood-level rankings is worth noting. While this home is modest relative to its immediate neighbours, it's generous compared to the broader area. That means a buyer gets more space than most homes in Westwood offer, on a street where the norm is even larger—so there’s potential upside if the surrounding properties continue to appreciate.

Who it suits: This property is a strong fit for buyers who want a larger-than-average lot in a stable, established Winnipeg neighbourhood, without paying a premium for the biggest house on the street. It would work well for a family needing yard space, someone considering future additions or a garden suite, or an investor looking for land value in a solid location. It’s less suited for buyers seeking a move-in-ready showpiece or those who want to match the scale of neighbouring homes.

Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
The assessed value of $407,000 is slightly above the Westwood neighbourhood average ($392,100) and above the citywide average ($390,100). However, it’s below the average for homes on Haliburton Bay itself ($473,800), reflecting the property’s smaller size relative to immediate neighbours.

2. Is the lot size considered large for this neighbourhood?
Yes. At 7,791 sqft, the lot is in the top 12% citywide and top 12% within Westwood. It’s comfortably above the neighbourhood average of 6,491 sqft, though it’s smaller than the street average of 9,135 sqft.

3. What does “ranked #1 on the street for year built” actually mean?
It means this house (built 1968) is the newest among the 16 comparable homes on Haliburton Bay. The street average year built is 1966, so this property is slightly newer than most. At the citywide level, it’s right at the median.

4. How should I interpret the different rankings (street vs. neighbourhood vs. citywide)?
Think of them as three lenses. The street ranking shows how this property stacks up against its closest neighbours—here, it’s on the smaller and less expensive side. The neighbourhood and citywide rankings show it’s larger, newer, and on a bigger lot than most homes in the wider area. That gap can work in a buyer’s favour if they want more space than typical for the price.

5. Does the “below average” street ranking mean the property is a bad deal?
Not necessarily. Street rankings mainly reflect relative scale and value within a small cluster of homes. Being below average on a street of above-average properties can actually mean solid value—especially if the home is well-maintained and in a desirable location. It’s more important to compare against the neighbourhood and city benchmarks, where this property generally holds up well.