Property score
63.4
Fair
Overall 63.4 · Smaller and older than most nearby homes
1,013 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: 6 dining spots, 1 school, 2 healthcare facilitys, and 4 shops nearby
Living Area
Below average
26% 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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Property score
63.4 is composed by the two sections below.
Property Score
Community Score
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.
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.
Area census snapshot
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110314
Community deep dive
$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
Population, labour & age
Households & income
Housing
Diversity, education & language
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rankings
Tax-Assessed Value
around averageYear Built
around averageLot Size
above averageRank 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.
Transit & Walkability
Nearby stops, routes & transit score
Nearby Amenities
Dining, education, healthcare, shopping & more
512 Raquette Street — 23 amenities found within 500 m, across 9 categories, including 6 dining (nearest 298 m), 1 education (nearest 386 m), 2 healthcare (nearest 397 m).
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
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 41% | Bottom 27% | Bottom 43% |
512 Raquette Street · Sold transaction data notes
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Data Coverage
Data Precision
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Related homes
Nearby interested homes
Address · Year Built · Living Area
Nearby properties
Address · Distance
Similar assessed value
Address · Tax-Assessed Value
Highlights & common questions: 512 Raquette Street, Winnipeg
512 Raquette Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1,013-square-foot bungalow built in 1961, sitting on a 5,128-square-foot lot in Winnipeg’s Westwood neighbourhood. Its assessed value is $331,000.
The property’s standout feature is its lot size. On Raquette Street, it ranks in the top 30% for land area, meaning it offers more outdoor space than most of its immediate neighbours. Inside, the living area is modest—below average for the street, neighbourhood, and city. The home is also slightly older than the neighbourhood average (1961 compared to 1966), and its assessed value is roughly in line with other homes on the street but below the Westwood average.
The appeal here is practical rather than flashy. A buyer gets a decent-sized lot in a well-established area, without paying a premium for a larger house or newer build. This property would suit someone who values yard space—perhaps for gardening, a workshop, or room for kids or pets—and is less concerned about square footage. It could also work for an investor or flipper looking to add value, given the land-to-building ratio and the potential to renovate or expand. Families wanting a turnkey, move-in-ready home with generous interior space might find it tight.
Frequently Asked Questions
1. How does this home compare to others on the same street?
On Raquette Street, this property has a larger-than-average lot (top 30%), but its living area is below average (top 94%). Its assessed value is around average for the street.
2. Is this considered a good value for Westwood?
Not particularly. The assessed value sits below the Westwood average ($392,100), and the home is older and smaller than most in the neighbourhood. The value lies more in the lot size than the house itself.
3. What are the main trade-offs with this property?
The biggest trade-off is interior space versus land. You get a generous yard for the street, but the living area is on the smaller side—even for an older bungalow. The home is also older than many nearby, so maintenance and updates are likely considerations.
4. Would this work as a renovation project?
Potentially yes. The land-to-building ratio is favourable, and the assessed value leaves room for improvement. A renovation that adds living space or updates the interior could bring the home closer to neighbourhood standards. That said, check zoning and permits before assuming an expansion is straightforward.
5. How does the lot compare city-wide?
It’s about average. City-wide, this property ranks in the top 51% for land area. It’s decent for Winnipeg overall, but within Westwood, lots tend to be larger—the neighbourhood average is 6,491 square feet.
Map & Street View
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