Property score
56.6
Fair
Overall 56.6 · Smaller and older than most nearby homes
1,066 sqft (bottom 13%) · Built in 1961 (5 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 86.0 · 2-min walk to transit with 4 nearby routes · Within 500m: 14 dining spots, 2 schools, 2 healthcare facilitys, and 5 shops nearby
Living Area
Below average
22% smaller than neighborhood avg.
Year Built
Below average
5 yrs older than neighborhood avg.
Mother tongue
English · 81%Punjabi · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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56.6 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: #46110315
$76K
Median household income
$92K
Average household income
7%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.7
P90 / P10 ratio
36%
Single-person households
18%
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
54 Byrd Avenue — 41 amenities found within 500 m, across 10 categories, including 14 dining (nearest 182 m), 2 education (nearest 404 m), 2 healthcare (nearest 440 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 22% | Bottom 21% | Bottom 39% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Key Characteristics & Buyer Profile
This 1,066 sqft bungalow from 1961 sits on a 5,458 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value of $281,000 is notably below both street and neighbourhood averages—ranking dead last on Byrd Avenue and near the bottom of the Westwood area. The living space is slightly smaller than typical for the street and city, but the real story is the land: while the lot is on the smaller side locally, it's closer to the citywide average, meaning you're not giving up much yard compared to the broader market.
The appeal here is straightforward value in a established postwar pocket. The numbers suggest a home that hasn’t been heavily upgraded or expanded—the kind of property where a buyer can add sweat equity or renovate to build equity. The low assessment relative to neighbours could also mean lower property taxes than expected for the area. It's not a turnkey starter or a sprawling family home; it's a solid, modest house that invites a hands-on owner or an investor willing to see past dated finishes. Best suited for first-time buyers with renovation plans, downsizers who prioritize location over square footage, or anyone comfortable with a fixer-upper in a mature neighbourhood.
Five Possible FAQs
1. Why is the assessed value so far below the street and neighbourhood averages?
The home ranks lowest on Byrd Avenue for assessed value, which likely reflects a combination of its original 1961 build without major additions, its slightly smaller living area and lot size compared to neighbours, and possibly fewer upgrades (kitchens, bathrooms, mechanicals) than nearby homes. Assessment data lags behind renovations, so recent improvements could change that.
2. How does the lot size compare to other properties I might see?
On Byrd Avenue, 5,458 sqft is the second smallest of 22 homes. In the broader Westwood neighbourhood, it's in the bottom 77%—smaller than average but not unusually tiny. Across Winnipeg, it sits at the 45th percentile, meaning about 55% of city lots are larger. It's a compact urban lot, not a sprawling yard.
3. Is the living area manageable for a couple or small family?
At 1,066 sqft, it's in line with typical postwar bungalows. The street average is 1,096 sqft, so it's just 30 sqft under. For a couple or a family with one child, it can work well with thoughtful layout use. It may feel tight for a family of four unless the basement is finished for additional living space.
4. Would this property likely need significant updates?
Nothing in the data says the house is in disrepair, but a 1961 home with a low assessed value relative to peers often means original or dated systems (furnace, roof, windows, electrical). Buyers should budget for potential updates, especially since newer higher-assessed neighbours likely have modern renovations that haven't been done here.
5. What's the neighbourhood like in terms of resale potential?
Westwood is a well-established area of post-war bungalows and split-levels. Homes here vary widely in condition, so a renovated property nearby can sell at a strong premium. That gap—between the current assessed value and what a refreshed home could command—is exactly the opportunity. It's a resale play for someone willing to invest in updates over time.
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