Property score
63.4
Fair
Overall 63.4 · Smaller than most nearby homes
1,020 sqft (bottom 4%) · Built in 1963 (3 yrs older than avg)
Located in a high-income area with median household income of ~95k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 5 dining spots, 1 school, 2 shops, and 2 parks nearby
Living Area
Below average
26% smaller than neighborhood avg.
Year Built
Below average
3 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
509 Bedson Street — 15 amenities found within 500 m, across 8 categories, including 5 dining (nearest 409 m), 1 education (nearest 413 m), 2 shopping (nearest 378 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 | Top 34% | Top 41% | Top 40% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Here is a clean, standalone summary of the property based on the data provided.
This is a 1,020 sqft home built in 1963 on a 5,174 sqft lot, located at 509 Bedson Street in Winnipeg’s Westwood neighbourhood. Its assessed value is $359,000.
The property’s main appeal lies in its value proposition relative to the street. While the living area is smaller than the street, neighbourhood, and city averages, the assessed value is right in line with the street average ($359.2k) and slightly below the neighbourhood average ($392.1k). This suggests the price reflects the smaller square footage rather than a premium for the area. The lot size is also close to the street average, though it’s notably smaller than typical Westwood lots.
This would likely suit a buyer looking for a reasonably priced entry point into a specific street or area, who is willing to accept a more compact living space. It may also appeal to someone who values the specific location or character of Bedson Street over having the largest home in the neighbourhood. The below-average ranking for living area (89th percentile on the street) and year built (80th percentile) indicates this is a more modest, older home compared to its direct neighbours.
1. How does the assessed value compare to similar homes nearby?
The assessed value of $359,000 is right around the average for homes on Bedson Street. However, it is below both the Westwood neighbourhood average ($392k) and the citywide average for comparable homes ($390k). This means the pricing is competitive for the street but represents a lower-cost option within the broader neighbourhood and city.
2. Is the living space considered small for this area?
Yes. At 1,020 sqft, the home is below average for its street (average 1,222 sqft), its neighbourhood (average 1,372 sqft), and the city as a whole (average 1,342 sqft). It ranks in the bottom 11% for living area on Bedson Street specifically.
3. What is the age of the property, and how does it compare?
The home was built in 1963, making it older than the average home on the street (built 1966). It is also older than the neighbourhood and city averages for similar homes. This places it in the older quarter of properties on the street.
4. How large is the lot?
The lot is 5,174 sqft. This is slightly smaller than the Bedson Street average (5,651 sqft) and noticeably smaller than the Westwood neighbourhood average (6,491 sqft). It ranks in the bottom 16% for lot size within the neighbourhood.
5. Would this property be considered a good investment for a first-time buyer?
That depends on priorities. The low living area relative to price could mean fewer competing buyers, which might allow for a reasonable purchase price. The older build may also require some updates or maintenance. However, the assessed value being close to the street average suggests the market has already factored in the smaller size, rather than expecting significant depreciation. It could be a solid entry point for someone willing to accept a smaller home in an established area.
