50 Ericsson Bay

Westwood, Winnipeg

Property score

67.9

Good

Overall 67.9 · Larger but older than most nearby homes

1,543 sqft (top 23%) · Built in 1962 (4 yrs older than avg)

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

Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 2 schools, 3 shops, and 2 parks nearby

Living Area

Above average

12% larger than neighborhood avg.

Year Built

Below average

4 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

67.9 is composed by the two sections below.

Property Score

71.2Good
Living Area1,543 sqft79Good
Year Built196246Low
Lot Size6,693 sqft85Excellent
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
1,543 sqft
0255075100
Same streetTop 15%Same areaTop 23%CitywideTop 28%
Same street · Ericsson Bay
#6 / 41
Top 15% · Avg 1,298 sqft
Same area · Westwood
#579 / 2,523
Top 23% · Avg 1,372 sqft
Citywide · Winnipeg
#54,692 / 194,458
Top 28% · Avg 1,342 sqft

Tax-Assessed Value

Elite
443k
0255075100
Same streetTop 5%Same areaTop 17%CitywideTop 30%
Same street · Ericsson Bay
#2 / 41
Top 5% · Avg 373.2k
Same area · Westwood
#430 / 2,523
Top 17% · Avg 392.1k
Citywide · Winnipeg
#57,519 / 194,458
Top 30% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 15%Same areaBottom 20%CitywideBottom 44%

Lot Size

above average
6,693 sqft
0255075100
Same streetTop 27%Same areaTop 25%CitywideTop 20%

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

50 Ericsson Bay — 21 amenities found within 500 m, across 8 categories, including 5 dining (nearest 389 m), 2 education (nearest 323 m), 3 shopping (nearest 310 m).

Search radius
🍽️Dining5
🏫Education2
🛒Shopping3
🌳Parks2
💪Sports2
🏦Finance2
Worship4
🏛️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 9/2020CA$400k–450k
Sold price

Same street

Top 31%

Same area

Top 25%

City-wide

Top 29%
Sold 12/2016CA$350k–400k
Sold price

Same street

Top 46%

Same area

Top 37%

City-wide

Top 37%

Related homes

Highlights & common questions: 50 Ericsson Bay, Winnipeg

Key Characteristics & Appeal

This 1,543 sqft home on Ericsson Bay sits on a 6,693 sqft lot—both figures comfortably above average for its street, neighbourhood, and Winnipeg as a whole. Built in 1962, it’s typical for the street but older than the average home in the Westwood community (where most were built around 1966). The assessed value of $443,000 ranks second on the street (top 5%), well above the street average of $373,000. That’s partly a reflection of the larger living area and lot, not necessarily luxury finishes.

The appeal here is straightforward: you get more space than most nearby homes, on a good-sized lot, in a street where values are strong relative to the wider community. It’s not a new build, and it’s not trying to be. The sort of buyer this suits is someone who prioritises square footage and outdoor space over a modern or trendy interior—someone who’s comfortable with a home that’s solid and well-located but might need updates to match their personal taste. It could also work well for someone looking to get into a stable, established neighbourhood without paying a premium for a fully renovated property.

Five Possible FAQs

1. How does this property compare to others on the street?
It’s the second-highest assessed home on Ericsson Bay. The living area is top 15%, and the lot is above average but not standout—it ranks 11th out of 41. So it’s a strong property on the street, but not the absolute largest in terms of land.

2. Is the assessed value of $443,000 realistic, or is it inflated?
It’s high for the street but not out of line given the larger living area and lot. In the wider Westwood neighbourhood, it’s in the top 17% for assessed value. That suggests the assessment reflects real comparables, not an anomaly. Keep in mind assessments don’t always track market price exactly, but they’re a useful benchmark.

3. What’s the catch with a 1962 build?
It’s not unusually old for this street—most homes were built around the same time. But compared to Westwood overall, it’s older than average (the median in the community is 1966). That means you’re likely looking at original systems or layouts that may need updating. It’s a trade-off: solid construction and established trees, but possibly older wiring, plumbing, or windows.

4. What kind of buyer typically ends up in this area?
Often people who want a stable, mid-century neighbourhood with good lot sizes, not far from amenities, and who aren’t chasing the newest finishes. Families and downsizers both come through—though the 1,543 sqft is more of a solid family size than a downsizer’s compact floor plan. It’s also the kind of home that attracts buyers comfortable doing some renovation themselves.

5. How does the lot size actually feel on the ground?
At 6,693 sqft, it’s bigger than most in Westwood (top 25%) and the city (top 20%). That translates to a noticeable yard—not a sprawling estate, but definitely room for a garden, a playset, or a patio without feeling cramped. On a street where the average is 6,627 sqft, it’s a touch above the norm, so it won’t stand out as unusually large, but it’s not tight either.

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