475 Raquette Street

Westwood, Winnipeg

Property score

63.4

Fair

Overall 63.4 · Smaller and older than most nearby homes

1,044 sqft (bottom 9%) · Built in 1962 (4 yrs older than avg)

Located in a high-income area with median household income of ~95k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 1 shop nearby

Living Area

Below average

24% smaller than neighborhood avg.

Year Built

Below average

4 yrs older than neighborhood avg.

Mother tongue

English · 85%Tagalog · 3%

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

63.4 is composed by the two sections below.

Property Score

52.3Fair
Living Area52
1,044 sqftFair
Year Built46
1962Low
Lot Size67
5,126 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

80.1Excellent
Household Income83
Excellent
Education Level63
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46110314

Community deep dive

$95K

Median household income

$114K

Average household income

2%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.4

P90 / P10 ratio

24%

Single-person households

29%

Families with children

Population, labour & age

Population (2021)526
Labour force participation rate60%
Median age45.6
Avg household size2.5
Unemployment rate8%
Population density3094 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households24%
Couple families with children29%
Median household income (2020)$95K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority17%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

around average
1,044 sqft
0255075100
Same streetBottom 28%Same areaBottom 9%CitywideBottom 32%
Same street · Raquette Street
#100 / 139
Bottom 28% · Avg 1,197 sqft
Same area · Westwood
#2,293 / 2,523
Bottom 9% · Avg 1,372 sqft
Citywide · Winnipeg
#131,413 / 194,458
Bottom 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
323k
0255075100
Same streetBottom 22%Same areaBottom 11%CitywideBottom 36%
Same street · Raquette Street
#108 / 139
Bottom 22% · Avg 344.3k
Same area · Westwood
#2,255 / 2,523
Bottom 11% · Avg 392.1k
Citywide · Winnipeg
#123,498 / 194,458
Bottom 36% · Avg 390.1k

Year Built

around average
1962
0255075100
Same streetBottom 35%Same areaBottom 20%CitywideBottom 44%

Lot Size

around average
5,126 sqft
0255075100
Same streetTop 42%Same areaBottom 10%CitywideBottom 49%

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

475 Raquette Street — 21 amenities found within 500 m, across 9 categories, including 5 dining (nearest 344 m), 2 education (nearest 240 m), 2 healthcare (nearest 481 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare2
🛒Shopping1
🌳Parks3
💪Sports1
🏦Finance1
Fuel Stations2
Worship4

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

475 Raquette Street: We are not showing a transaction history based solely on public data; that does not mean no sale ever occurred. You can still request details by email in the “Data notes” section below—we will look it up manually and reply with the most accurate information available.

Related homes

Highlights & common questions: 475 Raquette Street, Winnipeg

Property Summary: 1,044 sqft Home on Raquette Street, Westwood, Winnipeg

Key Characteristics & Buyer Profile

This is a modest, mid-century home that sits on an above-average lot for its immediate street, but its living area and assessed value fall below neighbourhood and city medians. At roughly 1,044 square feet, built in 1962, and situated on a 5,126 sqft lot, the property offers a compact footprint with decent outdoor space relative to nearby homes. The assessed value of $323,000 is in line with the city average but well below most homes in Westwood, where values trend higher.

The appeal here is pragmatic rather than flashy. The lot size places it in the top half of homes on Raquette Street, which is a genuine advantage in a neighbourhood where smaller lots are common. However, the living area ranks in the bottom 9% of Westwood—meaning buyers will be trading square footage for a more affordable price point and a yard that feels generous by local standards. This isn’t a house for someone seeking turnkey luxury or maximum space; it suits buyers who prioritize outdoor room, location on a specific street, or a lower entry price in an established area. It may also appeal to those with renovation skills, as the 1962 build suggests potential for an update-focused purchase rather than a move-in-ready home.

Five Frequently Asked Questions

1. How does the living area compare to other homes in Westwood and Winnipeg?
This is one of the smaller homes in Westwood—ranked in the bottom 9% of the area, where the average living area is around 1,372 sqft. Citywide, it’s in the bottom 32%, meaning roughly two-thirds of homes in Winnipeg are larger. If interior space is a top priority, this property will feel snug.

2. Is the lot size a standout feature?
It depends on the comparison. On Raquette Street, the lot ranks in the top 42%, which is a clear advantage over many immediate neighbours. But in Westwood as a whole, it’s in the bottom 10%, and across Winnipeg it sits just below the median (bottom 49%). So it’s a larger lot for the street, not the neighbourhood.

3. What does the assessed value tell me about the home’s condition or market position?
Assessed value at $323,000 is “around average” for Winnipeg, but it’s in the bottom 11% of Westwood and bottom 36% citywide. This suggests the home is priced below many comparable-area properties, which could reflect smaller size, dated finishes, or both. It’s worth verifying the condition with an inspection rather than assuming a bargain.

4. How old is the home, and does the 1962 build year matter?
The home was built in 1962, which is around average for the street (bottom 35%) and the area (bottom 20%), but within the top half citywide (bottom 44%). The age means typical considerations for mid-century homes: possible need for electrical, plumbing, or insulation upgrades. It’s not unusually old for Westwood, but it predates many newer builds in the city.

5. Where can I see how this property compares to nearby homes on a map?
The full neighbourhood analysis page, accessible via the “Open neighbourhood map analysis” link, provides a side-by-side comparison of floor plans, year built, assessed value, and lot size for surrounding homes. That’s the best way to assess whether the larger yard or smaller interior fits your needs relative to what’s available on the block.