51 Henday Bay

Westwood, Winnipeg

Property score

74.2

Good

Overall 74.2 · Older than most nearby homes

1,426 sqft (top 34%) · Built in 1962 (4 yrs older than avg)

Located in a high-income area with median household income of ~108k

Transit 70.0 · 2-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 1 shop, 1 park, and 3 place of worships nearby

Living Area

Near average

4% 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

74.2 is composed by the two sections below.

Property Score

69.2Good
Living Area1,426 sqft75Good
Year Built196246Low
Lot Size7,021 sqft88Excellent
Neighbourhood Sales Activity37Low

Community Score

81.6Excellent
Household Income88Excellent
Education Level54Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health68Good

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
1,426 sqft
0255075100
Same streetTop 25%Same areaTop 34%CitywideTop 34%
Same street · Henday Bay
#10 / 40
Top 25% · Avg 1,296 sqft
Same area · Westwood
#851 / 2,523
Top 34% · Avg 1,372 sqft
Citywide · Winnipeg
#66,800 / 194,458
Top 34% · Avg 1,342 sqft

Tax-Assessed Value

above average
434k
0255075100
Same streetTop 8%Same areaTop 19%CitywideTop 31%
Same street · Henday Bay
#3 / 40
Top 8% · Avg 369.1k
Same area · Westwood
#478 / 2,523
Top 19% · Avg 392.1k
Citywide · Winnipeg
#60,733 / 194,458
Top 31% · Avg 390.1k

Year Built

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

Lot Size

above average
7,021 sqft
0255075100
Same streetTop 13%Same areaTop 18%CitywideTop 17%

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

51 Henday Bay — 9 amenities found within 500 m, across 5 categories, including 3 education (nearest 435 m), 1 shopping (nearest 490 m), 1 parks (nearest 429 m).

Search radius
🏫Education3
🛒Shopping1
🌳Parks1
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 7/2022CA$500k–550k
Sold price

Same street

Top 5%

Same area

Top 8%

City-wide

Top 14%

Related homes

Highlights & common questions: 51 Henday Bay, Winnipeg

51 Henday Bay – Property Summary

Key Characteristics & Buyer Profile

This 1962 home offers 1,426 square feet of living space on a 7,021-square-foot lot. The assessed value is $434,000. What stands out here is not the size of the house itself—it's slightly above average for the street but roughly typical for the neighborhood and city—but the land and the value relative to what you're getting.

The lot is genuinely large. It ranks in the top 13% on the street, top 18% in Westwood, and top 17% citywide. That's the strongest metric across the board. The assessed value is also noticeably strong on the street level (top 8%) and neighborhood level (top 19%), suggesting this property is already positioned well in terms of equity relative to nearby homes. The year built (1962) is slightly older than the neighborhood average (1966), which is something to be aware of in terms of maintenance, but it's not unusual for established areas.

The appeal here is for buyers who want more outdoor space without moving to a fringe area, and who see a slightly older home as an opportunity rather than a drawback. It could suit someone looking for a solid family home in a settled neighbourhood, or a buyer who values lot size and is willing to invest in updates over time. It's less suited for someone seeking a turnkey newer build or a compact, low-maintenance property.


Frequently Asked Questions

1. How does the living area compare to other homes nearby?
It's above average for the street (ranked 10th out of 40) and around average for Westwood and Winnipeg overall. So you're getting decent interior space for the area, but nothing exceptional.

2. The assessed value seems high for a 1960s home. What's driving that?
Mostly the land. The lot is over 7,000 square feet, which places it well above typical sizes in the neighbourhood and city. The assessed value reflects that land component, not just the structure.

3. Is the age of the home a concern?
It's older than many homes in Westwood (by about 4 years on average), but not dramatically so. The key is to check for updates to major systems—roof, mechanicals, windows—which may or may not have been done. The age itself isn't unusual for the area.

4. Where does this property rank best, and where is it weakest?
Strongest: lot size (top 13% on the street, top 17% citywide) and assessed value (top 8% on the street). Weakest: year built is below average for Westwood (top 80%, meaning 80% of homes are newer). Living area is average.

5. Who would this home not be right for?
Buyers looking for a recently built home with minimal upkeep, or those who want a compact lot with less yard work. Also less ideal for someone who needs a top-ranked school catchment (not addressed in this data, but worth confirming separately).

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