462 Rouge Road

Westwood, Winnipeg

Property score

64.9

Fair

Overall 64.9 · Larger than most nearby homes

1,482 sqft (top 29%) · Built in 1964 (2 yrs older than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 9 dining spots, 2 schools, 3 shops, and 2 parks nearby

Living Area

Above average

8% larger than neighborhood avg.

Year Built

Near average

2 yrs older than neighborhood avg.

Mother tongue

English · 81%Punjabi · 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

64.9 is composed by the two sections below.

Property Score

66.1Good
Living Area1,482 sqft75Good
Year Built196446Low
Lot Size5,299 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

63.0Fair
Household Income75Good
Education Level44Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health52Fair

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: #46110315

Community deep dive

$76K

Median household income

$92K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

36%

Single-person households

18%

Families with children

Population, labour & age

Population (2021)610
Labour force participation rate57%
Median age44.0
Avg household size2.1
Unemployment rate9%
Population density2440 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children18%
Median household income (2020)$76K

Housing

Renter households47%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority15%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 81%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

above average
1,482 sqft
0255075100
Same streetTop 18%Same areaTop 29%CitywideTop 32%
Same street · Rouge Road
#23 / 125
Top 18% · Avg 1,263 sqft
Same area · Westwood
#724 / 2,523
Top 29% · Avg 1,372 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
345k
0255075100
Same streetBottom 46%Same areaBottom 27%CitywideBottom 44%
Same street · Rouge Road
#68 / 125
Bottom 46% · Avg 351.5k
Same area · Westwood
#1,848 / 2,523
Bottom 27% · Avg 392.1k
Citywide · Winnipeg
#107,972 / 194,458
Bottom 44% · Avg 390.1k

Year Built

around average
1964
0255075100
Same streetBottom 38%Same areaBottom 42%CitywideBottom 46%

Lot Size

around average
5,299 sqft
0255075100
Same streetBottom 28%Same areaBottom 18%CitywideTop 48%

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

462 Rouge Road — 32 amenities found within 500 m, across 9 categories, including 9 dining (nearest 301 m), 2 education (nearest 291 m), 3 shopping (nearest 295 m).

Search radius
🍽️Dining9
🏫Education2
🛒Shopping3
🌳Parks2
💪Sports2
🏦Finance5
Fuel Stations2
Worship6
🏛️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 7/2022CA$350k–400k
Sold price

Same street

Top 19%

Same area

Top 46%

City-wide

Top 42%

Related homes

Highlights & common questions: 462 Rouge Road, Winnipeg

462 Rouge Road – Property Summary

Key Characteristics & Buyer Profile

This 1,482 sqft home built in 1964 sits on a 5,299 sqft lot in Winnipeg's Westwood neighbourhood. The property's strongest feature is its living area, which ranks in the top 18% on the street and top 29% in the neighbourhood—meaning it offers noticeably more interior space than many nearby homes. The assessed value of $345,000 sits around average for the street and slightly below the neighbourhood average of $392,100, which reflects both the home's above-average size and its below-average lot size.

The lot is where this property diverges from neighbours. At 5,299 sqft, it ranks in the bottom 28% on the street and bottom 18% in Westwood. Buyers who value indoor square footage over yard space will find this trade-off appealing. The home also dates to 1964, which is consistent with much of the area—neither notably old nor new for the neighbourhood.

Who this suits: Buyers who want more living space than typical for the price point in Westwood, and who are comfortable with a smaller lot. It may appeal to families needing room inside, or to someone looking for a home with reasonable value relative to the neighbourhood average. It's less suited to buyers prioritizing outdoor space or a larger property footprint.


Five Possible FAQs

1. How does this home's assessed value compare to others nearby?
The assessed value of $345,000 is slightly below the street average of $351,500 and noticeably below the Westwood neighbourhood average of $392,100. Citywide, it ranks near the middle. The lower assessment likely reflects the smaller lot size more than the condition of the home itself.

2. Is the lot size considered small for the area?
Yes. At 5,299 sqft, the lot is smaller than most on the street (where the average is 5,481 sqft) and significantly smaller than the Westwood neighbourhood average of 6,491 sqft. Buyers coming from areas with larger city lots may find this noticeable, but it's not uncommon within older Winnipeg neighbourhoods.

3. What does "taon ng paggawa" mean, and why does it matter?
It's Filipino for "year built." The home was constructed in 1964, which aligns closely with the street and neighbourhood averages (both 1966). This means the home is of a similar vintage to its neighbours, which can be useful for comparing maintenance needs, insulation standards, and renovation potential.

4. Does a higher living area rank mean the home is a good deal?
It can suggest good value if the assessed price reflects the interior space fairly. Here, the home offers above-average living area at a below-average assessed value compared to the neighbourhood. That gap—more space for less money—is what makes this property stand out, especially for buyers focused on square footage.

5. What's the neighborhood like in terms of property comparisons?
Westwood is a mixed area with a wide range of lot sizes and home values. This property sits near the middle of the pack for assessed value citywide but below the neighbourhood average, partly due to its smaller lot. The home is older but not unusually so for the area. Buyers should expect a typical post-war Winnipeg neighbourhood with established trees and a mix of original and updated homes.

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