Property score
72.5
Good
Overall 72.5 · Compared with neighbourhood average
1,393 sqft (top 36%) · Built in 1963 (3 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, 2 parks, and 3 place of worships nearby
Living Area
Near average
1% larger than neighborhood avg.
Year Built
Below average
3 yrs older than neighborhood avg.
Mother tongue
English · 89%Tagalog · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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72.5 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: #46110316
$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
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
53 Henday Bay — 8 amenities found within 500 m, across 3 categories, including 3 education (nearest 455 m), 2 parks (nearest 422 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 20% | Bottom 12% | Bottom 33% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This is a 1,393 sqft home on a notably large 6,819 sqft lot in Westwood, built in 1963. The property ranks well above average for land size—top 18% citywide and top 21% within the neighbourhood—which is its most distinctive asset. The living area is slightly above average for the street but sits around the middle of the pack for the broader area and city. The assessed value of $370k is in line with the street average but below the neighbourhood and city medians, suggesting the home may be priced conservatively relative to its lot size.
Where the property really stands out is on its street: it has the newest build year on Henday Bay (top 3%) and the third-largest lot (top 23%). That combination—a relatively newer home on a big lot in an older neighbourhood—is unusual and gives it a practical edge: a buyer gets more land than most nearby homes without the oldest vintage.
The appeal leans toward buyers who value outdoor space, gardening, or future expansion potential, but who don't need a large interior footprint right now. It would also suit someone looking for a home that's been reasonably well-maintained in a settled, established area, rather than a fully modernized or flipped property. The value sits below the neighbourhood average, which may attract buyers who want to build equity through gradual updates rather than paying a premium upfront.
1. How does the lot size compare to other homes in Westwood?
The lot is 6,819 sqft, placing it in the top 21% of the neighbourhood and top 18% citywide. It's slightly above the street average of 6,800 sqft. For Winnipeg, this is a comfortable, usable yard—not oversized, but well above typical.
2. Why is the assessed value lower than the neighbourhood average?
The neighbourhood average for assessed value is $392k, while this home sits at $370k—about 5.6% below. That likely reflects the home's living area being around average for Westwood rather than above, combined with the fact that value is more tied to interior condition and finishes than lot size in the assessment model. It's not necessarily a red flag; it may simply mean the home hasn't been recently renovated or the lot's premium isn't fully captured.
3. Is this a good candidate for a renovation or addition?
Potentially. The lot is larger than most in the area, so there's physical room to expand if zoning allows. The home's 1963 build is newer than most on the street, which could mean the structure is in reasonable shape, but a thorough inspection would be needed to confirm. Buyers eyeing a renovation should consider that the current assessed value doesn't reflect a premium for the lot—so any improvements could add significant equity.
4. How does the living space compare to typical homes in the area?
At 1,393 sqft, the home is slightly larger than the street average (1,296 sqft) and roughly equal to the neighbourhood and city averages (1,372 and 1,342 sqft). It's not a standout for interior space, but it's also not undersized. For a family or couple who prioritize yard space over square footage, this would be a comfortable middle ground.
5. What's the typical buyer demographic for this street and neighbourhood?
Westwood is an established, older neighbourhood, and Henday Bay is a quieter street. Homes here tend to attract buyers who value stability, mature trees, and lot size over trendy finishes or open-concept layouts. That could include young families looking for a yard, downsizers wanting single-level living with outdoor space, or investors who see upside in a larger lot at a below-average valuation. It's less likely to draw buyers looking for a turnkey modern home.
