512 Raquette Street

Westwood, Winnipeg

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)

Sold Count

898

Median price

405k

$/sqft

$307/sqft

Avg build year

1966

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

63.4 is composed by the two sections below.

Property Score

52.3Fair
Living Area1,013 sqft52Fair
Year Built196146Low
Lot Size5,128 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

80.1Excellent
Household Income83Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health60Fair

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: #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

Population (2021)526
Labour force participation rate60%
Median age45.6
Avg household size2.5
Unemployment rate8%
Population density3094 / km²

Households & income

Low income (LIM-AT, % pop.)2%
Single-person households24%
Couple families with children29%
Median household income (2020)$95K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$332K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority17%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 84%
Mother tongue (2nd)Tagalog · 2%

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

Rankings

Living Area

below average
1,013 sqft
0255075100
Same streetBottom 6%Same areaBottom 3%CitywideBottom 27%
Same street · Raquette Street
#130 / 139
Bottom 6% · Avg 1,197 sqft
Same area · Westwood
#2,437 / 2,523
Bottom 3% · Avg 1,372 sqft
Citywide · Winnipeg
#141,147 / 194,458
Bottom 27% · Avg 1,342 sqft

Tax-Assessed Value

around average
331k
0255075100
Same streetBottom 32%Same areaBottom 15%CitywideBottom 39%
Same street · Raquette Street
#94 / 139
Bottom 32% · Avg 344.3k
Same area · Westwood
#2,149 / 2,523
Bottom 15% · Avg 392.1k
Citywide · Winnipeg
#117,909 / 194,458
Bottom 39% · Avg 390.1k

Year Built

around average
1961
0255075100
Same streetBottom 25%Same areaBottom 13%CitywideBottom 43%

Lot Size

above average
5,128 sqft
0255075100
Same streetTop 30%Same areaBottom 12%CitywideBottom 49%

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).

Search radius
🍽️Dining6
🏫Education1
🏥Healthcare2
🛒Shopping4
🌳Parks3
💪Sports1
🏦Finance1
Fuel Stations3
Worship2

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 1/2021CA$300k–350k
Sold price

Same street

Bottom 41%

Same area

Bottom 27%

City-wide

Bottom 43%

Related homes

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.

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.