54 Coleridge Park Drive

Westwood, Winnipeg

Property score

81.9

Excellent

Overall 81.9 · Larger and newer than most nearby homes

2,127 sqft (top 4%) · Built in 1970 (4 yrs newer than avg)

Located in a high-income area with median household income of ~113k

Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, and 3 parks nearby

Living Area

Above average

55% larger than neighborhood avg.

Year Built

Above average

4 yrs newer than neighborhood avg.

Mother tongue

English · 86%French · 1%

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

81.9 is composed by the two sections below.

Property Score

78.7Good
Living Area94
2,127 sqftExcellent
Year Built52
1970Fair
Lot Size67
5,105 sqftGood
Neighbourhood Sales Activity37
Low

Community Score

86.7Excellent
Household Income90
Excellent
Education Level82
Excellent
Housing Stress93
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46111090

Community deep dive

$113K

Median household income

$115K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

19%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)1,120
Labour force participation rate58%
Median age50.8
Avg household size2.5
Unemployment rate5%
Population density1098 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households19%
Couple families with children31%
Median household income (2020)$113K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$400K

Diversity, education & language

Immigrants (share of pop.)14%
Visible minority9%
Bachelor's or higher (25–64)41%
Mother tongue (1st)English · 86%
Mother tongue (2nd)French · 1%

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

Rankings

Living Area

Elite
2,127 sqft
0255075100
Same streetTop 35%Same areaTop 4%CitywideTop 8%
Same street · Coleridge Park Drive
#17 / 48
Top 35% · Avg 1,990 sqft
Same area · Westwood
#98 / 2,523
Top 4% · Avg 1,372 sqft
Citywide · Winnipeg
#15,430 / 194,458
Top 8% · Avg 1,342 sqft

Tax-Assessed Value

Elite
601k
0255075100
Same streetTop 44%Same areaTop 3%CitywideTop 8%
Same street · Coleridge Park Drive
#21 / 48
Top 44% · Avg 580.4k
Same area · Westwood
#81 / 2,523
Top 3% · Avg 392.1k
Citywide · Winnipeg
#15,245 / 194,458
Top 8% · Avg 390.1k

Year Built

above average
1970
0255075100
Same streetBottom 42%Same areaTop 6%CitywideTop 48%

Lot Size

around average
5,105 sqft
0255075100
Same streetBottom 2%Same areaBottom 3%CitywideBottom 48%

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

54 Coleridge Park Drive — 4 amenities found within 500 m, across 2 categories, including 1 education (nearest 405 m), 3 parks (nearest 69 m).

Search radius
🏫Education1
🌳Parks3

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 12/2024CA$700k–750k
Sold price

Same street

Top 13%

Same area

Top 1%

City-wide

Top 3%

Related homes

Highlights & common questions: 54 Coleridge Park Drive, Winnipeg

54 Coleridge Park Drive: Property Summary

Key Characteristics & Buyer Profile

This is a 2,127 sqft home built in 1970 on a 5,105 sqft lot in Westwood, Winnipeg. Its defining feature is value relative to its immediate surroundings. While it is an average home on its own street in terms of size and assessed value, it ranks in the top 3–4% across the broader Westwood neighbourhood for both assessed value ($601K) and living area. This means the house is a clear standout compared to the smaller, lower-valued homes typical of the area.

The appeal lies in buying a property that feels like a modest, standard-size home on a street with other larger homes, but which is actually an upscale option within the larger Westwood context. The lot is compact—among the smallest on the street (Top 98%) and in the neighbourhood (Top 97%)—which may be a drawback for someone wanting a large yard, but also means less exterior maintenance and a lower entry point into this otherwise more expensive street.

This property suits a buyer who wants a solidly built, older home (1970) with above-average living space, in a neighbourhood where their dollar goes further than in newer subdivisions. It’s ideal for someone who values indoor square footage over land, and who is comfortable owning a home that is a top-tier asset in its immediate area but not a standout citywide. It would also appeal to an investor or homeowner looking for a property with strong local comparative value that could benefit from cosmetic updates in a well-regarded neighbourhood.


Frequently Asked Questions

1. How does the assessed value compare to the city average, and what does that mean for property taxes?
The home’s assessed value of $601K is well above the citywide average of $390K (Top 8%), meaning property taxes will be higher than for a typical Winnipeg home. However, it is only average for its own street (Top 44%), so the tax burden is consistent with immediate neighbours, not unusually high for this pocket.

2. The lot is small (5,105 sqft). Does that affect resale value or limit future renovations?
The lot is notably smaller than both the street and neighbourhood average. This could limit major additions or a large garage, but it’s not unusual for older, established areas—many homes in Westwood sit on smaller lots. Resale may be slower if buyers prioritize land, but the home’s strong interior size helps offset this. Check local zoning for any restrictions on additions or secondary suites.

3. What does “Top 4% in the neighbourhood” really mean in terms of daily living?
You’ll likely be living on a street with homes that are, on average, larger and more expensive than the rest of Westwood. Your house is a strong fit for that street, not an outlier. In the broader neighbourhood, you’ll own one of the larger, higher-valued homes, which can translate into quieter streets, better curb appeal, and potentially stronger long-term appreciation compared to smaller-area homes nearby.

4. How does the 1970 build year compare to other homes in the area, and what should I expect maintenance-wise?
This home is slightly older than the street average (1972) but newer than the neighbourhood average (1966). It’s not a historic property, but a 1970 home will likely need updates to major systems (roof, HVAC, windows, plumbing) if not already done. The good news: it’s from a stable building era, and its strong ranking suggests it was well maintained relative to its peers.

5. Why is the home ranked “elite” in Westwood but only “above average” citywide?
Westwood is a diverse neighbourhood with a wide mix of home sizes and values. This house outperforms most of its immediate neighbours locally, but citywide, there are many more expensive homes in pricier areas like River Heights or newer suburbs. It’s a relative measure: you’re getting top-tier value in your area without paying top-tier citywide prices.