50 Henday Bay

Westwood, Winnipeg

Property score

73.9

Good

Overall 73.9 · Older than most nearby homes

1,418 sqft (top 34%) · 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 dining spots, 2 schools, 2 shops, and 1 park nearby

Living Area

Near average

3% larger 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)

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

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Property score

73.9 is composed by the two sections below.

Property Score

68.8Good
Living Area75
1,418 sqftGood
Year Built46
1962Low
Lot Size85
6,591 sqftExcellent
Neighbourhood Sales Activity37
Low

Community Score

81.6Excellent
Household Income88
Excellent
Education Level54
Fair
Housing Stress100
Excellent
Core Housing Need100
Excellent
Employment Health68
Good

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: #46110316

Community deep dive

$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

Population, labour & age

Population (2021)601
Labour force participation rate65%
Median age46.0
Avg household size2.5
Unemployment rate6%
Population density2861 / km²

Households & income

Low income (LIM-AT, % pop.)6%
Single-person households22%
Couple families with children30%
Median household income (2020)$108K

Housing

Renter households4%
Condominium dwellings0%
Median dwelling value (owners)$360K

Diversity, education & language

Immigrants (share of pop.)8%
Visible minority7%
Bachelor's or higher (25–64)28%
Mother tongue (1st)English · 89%
Mother tongue (2nd)Tagalog · 1%

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

Rankings

Living Area

above average
1,418 sqft
0255075100
Same streetTop 28%Same areaTop 34%CitywideTop 35%
Same street · Henday Bay
#11 / 40
Top 28% · Avg 1,296 sqft
Same area · Westwood
#866 / 2,523
Top 34% · Avg 1,372 sqft
Citywide · Winnipeg
#67,422 / 194,458
Top 35% · Avg 1,342 sqft

Tax-Assessed Value

above average
409k
0255075100
Same streetTop 13%Same areaTop 27%CitywideTop 36%
Same street · Henday Bay
#5 / 40
Top 13% · Avg 369.1k
Same area · Westwood
#669 / 2,523
Top 27% · Avg 392.1k
Citywide · Winnipeg
#70,353 / 194,458
Top 36% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 8%Same areaBottom 20%CitywideBottom 44%

Lot Size

above average
6,591 sqft
0255075100
Same streetTop 43%Same areaTop 27%CitywideTop 21%

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 Henday Bay — 13 amenities found within 500 m, across 8 categories, including 2 dining (nearest 476 m), 2 education (nearest 451 m), 2 shopping (nearest 443 m).

Search radius
🍽️Dining2
🏫Education2
🛒Shopping2
🌳Parks1
💪Sports1
🏦Finance1
Worship3
🏛️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 11/2023CA$450k–500k
Sold price

Same street

Top 15%

Same area

Top 13%

City-wide

Top 19%
Sold 10/2017CA$350k–400k
Sold price

Same street

Top 50%

Same area

Top 44%

City-wide

Top 41%

Related homes

Highlights & common questions: 50 Henday Bay, Winnipeg

50 Henday Bay – Property Summary

Key Characteristics & Buyer Fit

This is a 1,418 sqft home built in 1962 on a 6,591 sqft lot, located in Westwood. Its standout feature is strong assessed value relative to the street and neighborhood. On Henday Bay, it ranks 5th out of 40 homes in value (top 13%), well above the street average of $369,100. The living area is also above the street average (1,418 vs. 1,296 sqft), and the land size is above average citywide (top 21%).

The appeal here isn't about flash or newness—it's about substance. The year built (1962) places it among the older homes on the street (top 8% for age), which often means more established construction and mature landscaping, but also signals potential for updates. The lot is generous by city standards, giving room for expansion, a larger garden, or simply more outdoor space than many newer subdivisions offer.

This property suits buyers who value long-term equity and a solid foundation over turnkey finishes. Ideal candidates include families looking to put down roots in a stable neighborhood, investors seeking a property with proven value retention, or someone willing to renovate gradually. It's less suited for someone wanting a move-in-ready home with modern aesthetics unless they factor in updates.


Frequently Asked Questions

1. How does this home's value compare to others nearby?
The assessed value of $409,000 is above average on the street (top 13%) and in the Westwood neighborhood (top 27%). It's around average citywide, which means you're getting strong value relative to immediate neighbours without paying a citywide premium.

2. Is the lot size unusual for this area?
The lot is 6,591 sqft—slightly smaller than the street average (6,800 sqft) but above average for the neighborhood (top 27%) and well above citywide norms (top 21%). This suggests you get more yard space than most Winnipeg homes, though it's not the largest on the block.

3. What does the year built (1962) mean in practical terms?
Homes from this era often have solid construction and larger rooms compared to newer builds, but may need updates to insulation, wiring, or plumbing. It's among the older homes on the street (top 8%), so the immediate area may have a mix of vintage and newer properties, offering character without being uniformly outdated.

4. How should I interpret the rankings?
Rankings compare this home to similar properties within the same street, neighborhood, and city. A higher rank (lower percentage) means the home outperforms peers in that category. For example, a top 13% street rank for value means only 12% of houses on Henday Bay have a higher assessed value—a strong indicator of local equity.

5. What's not covered in these stats?
These numbers don't reflect the home's condition, recent renovations, or layout specifics. Assessed value is a baseline, not a market price. It's also worth visiting the property to see how it fits your needs—statistics can't capture curb appeal, basement potential, or how the floor plan flows.