Property score
70.3
Good
Overall 70.3 · Older than most nearby homes
1,218 sqft (bottom 42%) · Built in 1962 (4 yrs older than avg)
Located in a high-income area with median household income of ~108k
Transit 62.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 2 schools, 1 shop, 1 park, and 1 sports facility nearby
Living Area
Near average
11% smaller 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)
898
405k
$307/sqft
1966
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70.3 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: #46110316
$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
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
47 Henday Bay — 9 amenities found within 500 m, across 6 categories, including 2 education (nearest 399 m), 1 shopping (nearest 473 m), 1 parks (nearest 445 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 30% | Top 33% | Top 33% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 3% | Bottom 21% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,218-square-foot bungalow, built in 1962, sits on a 6,409-square-foot lot in Winnipeg’s Westwood neighbourhood. The property’s most distinguishing feature is its assessed value of $390,000—ranking in the top 20% on its street and above the local average of $369,100. This suggests the home has held or gained value relative to immediate neighbours, which can point to updates, a desirable location within the street, or simply market momentum in that pocket of Westwood.
The land area is above average citywide (top 24%), offering a yard that’s generous by Winnipeg standards, though it falls slightly below the street average of 6,800 square feet. The living area is close to typical for the street and city, meaning the appeal isn’t square footage but rather the balance of lot size, location, and assessed value.
The year built (1962) is older than the neighbourhood and city averages (both 1966), but on its own street, it ranks among the earliest (top 8%). This can indicate a more established character home or one that’s part of the original development phase of the street.
Who it suits: Buyers looking for a solid, older home on a good-sized lot in a well-ranked Westwood location, where the property’s value already sits above its immediate peers. It may appeal to those who prioritize outdoor space and a strong value position relative to the street, rather than a move-in-ready modern interior or expansive living area. First-time buyers or downsizers who don’t need a huge house but want a decent yard and a stable investment profile should take a closer look.
1. How does the assessed value compare to similar homes in the area?
The property is assessed at $390,000, which is above the street average of $369,100 (top 20% on Henday Bay) and close to the neighbourhood average of $392,100. Citywide, it sits near the median for comparable homes.
2. Is the lot size considered large for Winnipeg?
Yes, the 6,409-square-foot lot ranks in the top 24% citywide and top 31% within Westwood. It’s slightly below the street average of 6,800 square feet, but still notably larger than many properties across the city.
3. How old is the house, and does its age affect its value?
Built in 1962, it’s one of the older homes on Henday Bay (top 8% for age on the street). While it’s older than the neighbourhood average (1966), its above-average assessed value suggests the age hasn’t been a drag on price—likely due to maintenance, updates, or location advantages.
4. What’s the living area like compared to other homes nearby?
At 1,218 square feet, the living area is slightly below the street average (1,296 sqft) and neighbourhood average (1,372 sqft). It’s roughly mid-range citywide. This is not a large home, but in a market where lot size and location often matter more than raw square footage, it can be a trade-off worth making.
5. How do the rankings work, and what do the colors mean?
The rankings compare this property to other “comparable homes” (similar type, age, or style) within the same street, neighbourhood, or city. A higher rank (lower number) is better. The bar fill length shows how many peers you outperform; colors indicate a tier (e.g., red for top performers, gray for average). The “Avg” shown is a rough median benchmark for that group.
