Property score
60.4
Fair
Overall 60.4 · Smaller and older than most nearby homes
944 sqft (bottom 2%) · Built in 1962 (4 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 9 dining spots, 1 school, 2 healthcare facilitys, and 2 shops nearby
Living Area
Below average
31% 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)
898
405k
$307/sqft
1966
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
Free · No credit card required
60.4 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: #46110314
$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
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
481 Seaton Street — 31 amenities found within 500 m, across 10 categories, including 9 dining (nearest 262 m), 1 education (nearest 251 m), 2 healthcare (nearest 411 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 | Bottom 45% | Bottom 7% | Bottom 29% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1962 bungalow sits on a notably large lot of 5,528 square feet—one of its strongest assets. On its own street, the land ranks in the top third, meaning there aren't many nearby properties with more yard space. The living area is more modest at 944 square feet, which is slightly smaller than the street average and well below the Westwood neighbourhood norm. The assessed value of $305,000 is close to the street median but significantly lower than the broader Westwood average, reflecting both the smaller floor plan and the age of the home.
The appeal here is land. For someone who values outdoor space over a large interior—a gardener, a family wanting a big backyard for kids, or someone considering an addition or redevelopment—this property offers room that is scarce on Seaton Street. The trade-off is a home that will likely need updating. It suits a buyer comfortable with cosmetic or functional renovations, or someone willing to live in a smaller footprint in exchange for a sizable lot in an established neighbourhood. It is less suited to someone wanting a move-in-ready, spacious interior with modern finishes.
1. How does this home compare to others in Westwood?
It's an outlier in the neighbourhood. Most Westwood homes have larger living areas and higher assessed values. This property is more aligned with older, smaller bungalows on its immediate street, rather than the pricier infills or two-storeys that bring up the neighbourhood average.
2. Is the land value here worth more than the structure?
Yes, likely. The lot is above average for the street and sits slightly below the citywide median for land area. With a 1962 build and a modest floor plan, the assessed value suggests the land makes up a meaningful portion of the total. A buyer could consider the house itself as a secondary asset.
3. What are the renovation possibilities?
Given the lot size, there is potential to expand the footprint or add a second storey (subject to zoning and permits). Alternatively, tearing down and building new is a possibility, though not without cost. The most practical near-term approach would be interior updates to the existing 944 square feet.
4. How does year built affect insurance or maintenance?
A 1962 home is likely to have original or older systems—plumbing, electrical, foundation drainage. Buyers should budget for inspections of these. Some insurers may charge higher premiums for homes with knob-and-tube wiring or old galvanized pipes, common in that era.
5. Why is the assessed value lower than the city average?
The main reasons are the smaller living area (944 sqft vs. a citywide average of 1,342 sqft) and the age of the home. Even though the lot is decent, the overall assessed value reflects a property that is not competitive with newer or larger homes across Winnipeg.
