Property score
71.2
Good
Overall 71.2 · Newer than most nearby homes
1,272 sqft (top 47%) · Built in 1969 (3 yrs newer than avg)
Located in a high-income area with median household income of ~107k
Transit 74.0 · 4-min walk to transit with 2 nearby routes · Within 500m: 1 school, 5 parks, and 1 place of worship nearby
Living Area
Near average
7% smaller than neighborhood avg.
Year Built
Above average
3 yrs newer than neighborhood avg.
Mother tongue
English · 88%Chinese · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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Property score
71.2 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: #46110324
Community deep dive
$107K
Median household income
$122K
Average household income
7%
Low income (LIM-AT)
0.3
Income inequality (Gini)
2.9
P90 / P10 ratio
17%
Single-person households
35%
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
EliteLot Size
around 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
55 Cortez Bay — 7 amenities found within 500 m, across 3 categories, including 1 education (nearest 270 m), 5 parks (nearest 144 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 1% | Bottom 39% | Top 50% |
55 Cortez Bay · 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: 55 Cortez Bay, Winnipeg
55 Cortez Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,272 sqft home sits on a 5,797 sqft lot in Winnipeg’s Westwood neighbourhood, built in 1969. Across the board—living area, assessed value ($379K), and land size—the property ranks consistently in the middle of the pack, both on its street and citywide. The standout feature is its age: it ranks first on the street and in the top 8% of the neighbourhood for being built in 1969, which gives it a slight structural maturity advantage over many neighbouring homes built earlier. The lot, while average for the street, is notably smaller than the Westwood and citywide averages—meaning the house sits on a more compact piece of land than many nearby properties.
The appeal here is grounded, not flashy. There are no dramatic upsides or downsides. For a buyer, this is a solid, unremarkable entry point into Westwood. It would suit someone who wants a home that is well-established (but not ancient), in a neighborhood with consistent character, and who isn’t looking for a deal driven by underpricing or a standout lot. It also works for buyers who prefer a smaller yard with less upkeep, given the below-average land area. The assessed value sits slightly below the neighbourhood and city averages, so there may be room for value appreciation if the area trends upward, but nothing speculative.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It’s close to the street average ($377K) and slightly below the neighbourhood average ($392K), ranking in the top 42% locally. This suggests the home is priced competitively within its immediate area, but not a standout bargain relative to Westwood as a whole.
2. What does the land size mean in practical terms?
At 5,797 sqft, the lot is about 10% smaller than the street average and nearly 12% smaller than the citywide average. For a family that wants a manageable yard without excessive mowing or maintenance, this can be a plus. It also typically means the house is closer to neighbours, which may appeal in a more connected street feel.
3. Is a 1969 build considered old or well-maintained in this market?
It’s older than the neighbourhood average (1966) by a few years, but being the newest on its street (top 3%) means it may have seen fewer owners or less deferred maintenance. Homes of this era often have solid construction but may need updates to mechanicals or finishes—worth checking during a viewing.
4. Why does the house rank higher citywide for land (top 37%) than in its own neighbourhood (top 57%)?
Westwood as a whole tends toward larger lots (average 6,491 sqft). So while the property’s lot is small for its area, it’s still relatively generous compared to many older, tighter lots across Winnipeg. The citywide ranking reflects a broader, more mixed comparison.
5. Could this property be a good rental or investment?
Given its average metrics across value and size, it’s unlikely to outperform the market dramatically. However, its stability and established neighbourhood make it a low-risk option for steady rental income or a long-term hold. The smaller lot also means lower property tax implications relative to larger lots in Westwood.
Map & Street View
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