Property score
63.4
Fair
Overall 63.4 · Smaller and older than most nearby homes
1,000 sqft (bottom 3%) · Built in 1961 (5 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 1 school, 2 healthcare facilitys, and 3 shops nearby
Living Area
Below average
27% smaller than neighborhood avg.
Year Built
Below average
5 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
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63.4 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
504 Raquette Street — 20 amenities found within 500 m, across 9 categories, including 5 dining (nearest 312 m), 1 education (nearest 359 m), 2 healthcare (nearest 420 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 7% | Bottom 9% | Bottom 31% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,000 sqft single-family home built in 1961, sitting on a 5,127 sqft lot in Winnipeg’s Westwood neighbourhood. Its defining feature is affordability: the assessed value sits at $290,000, well below both the street average ($344,000) and the community average ($392,000). In fact, it ranks in the bottom 1% of its street and bottom 3% of its community by assessed value.
The appeal is straightforward for buyers focused on entry-level pricing in an established neighbourhood. The land size is a relative bright spot—close to the street average and in the top half city-wide—meaning there’s a moderately sized lot that could have future development or expansion potential, even if the house itself is compact. The home is also older, built in a year close to the median for both the street and city, so it’s not an outlier in terms of vintage.
This property would suit first-time buyers, investors looking for a lower-cost entry into the Westwood market, or someone willing to take on a renovation or update in exchange for a below-market purchase price. It’s less suited for someone seeking turn-key condition or above-average square footage.
1. How does the property compare to others on the same street?
It ranks near the very bottom of Raquette Street for assessed value (138th out of 139) and living space (134th out of 139). Its land size is much more competitive, ranking 48th out of 139, and the build year is also below average, though less dramatically so.
2. Is the neighbourhood considered desirable?
Westwood is a well-established Winnipeg neighbourhood, but this specific property falls in the bottom 3% of the community for both assessed value and living area. The land size is below the community average as well. It’s not a standout within Westwood, but it does offer a lower price point in an area where many homes are valued higher.
3. What is the property’s potential for renovation or expansion?
The land is 5,127 sqft—close to the street average and in the 51st percentile city-wide. It’s not a large lot, but it’s not undersized either. Given the low assessed value of the structure, there could be room for a significant renovation or even a tear-down rebuild, depending on zoning and personal budget. The age of the home (1961) means systems and finishes are likely original or dated.
4. How are the rankings calculated?
Rankings are based on comparison to similar single-family homes in three layers: the same street, the same community (Westwood), and all of Winnipeg. For living area and land size, higher square footage ranks better. For assessed value, a higher value ranks better. For build year, newer ranks better. The “percentile” figure indicates the percentage of homes that are ranked higher—so a lower percentile means the property is closer to the bottom in that category.
5. What should buyers look out for?
The combination of low assessed value, older construction, and below-average square footage typically points to a property that needs work. Buyers should budget for a home inspection that covers the roof, heating/cooling systems, and foundation. The relatively more competitive land ranking suggests the lot may hold value better than the structure itself—so the property’s long-term potential may lie more in the land than the house.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
