Property score
66.1
Good
Overall 66.1 · Older than most nearby homes
1,476 sqft (top 31%) · Built in 1962 (4 yrs older than avg)
Located in a above-average income area with median household income of ~75.5k
Transit 94.0 · 1-min walk to transit with 4 nearby routes · Within 500m: 4 dining spots, 2 schools, 3 shops, and 2 parks nearby
Living Area
Near average
8% larger than neighborhood avg.
Year Built
Below average
4 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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Property score
66.1 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: #46110315
Community deep dive
$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
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
above averageYear Built
above averageLot Size
above 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
56 Ericsson Bay — 21 amenities found within 500 m, across 8 categories, including 4 dining (nearest 378 m), 2 education (nearest 305 m), 3 shopping (nearest 324 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 38% | Top 40% | Top 38% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 1% | Bottom 8% | Bottom 31% |
56 Ericsson Bay · Sold transaction data notes
Data Source
Data Coverage
Data Precision
Is Current Data Suitable for You
How to Get More Accurate Data
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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: 56 Ericsson Bay, Winnipeg
56 Ericsson Bay – Property Summary
Key Characteristics & Buyer Profile
This 1962-built home offers 1,476 square feet of living space on a 6,282-square-foot lot, with an assessed value of $410,000. On its own street, the property ranks in the top 20% for value and top 22% for living area—both above the street average. The lot is slightly smaller than the street average (ranking 32nd out of 41), but compares more favorably citywide, where it sits in the top 26% for land area.
The home’s appeal lies in its combination of size and value relative to immediate neighbours. It’s a solid, mid-century property that isn’t the newest on the block but holds its own in terms of space and assessed worth. Buyers who prioritize interior square footage and don’t mind a smaller-than-average yard will find this a strong fit. It’s also well-suited for someone who wants a home that’s slightly above the street norm for value—potentially a sign of good bones or updates—without being the priciest or largest. The year built (1962) is typical for the street but older than the broader neighbourhood average, so it may appeal to buyers who appreciate character, mature landscaping, or established neighborhoods over newer construction.
Frequently Asked Questions
1. How does this home’s lot size compare to others nearby?
On this street, the lot is smaller than average—ranked 32nd out of 41. But compared to the rest of Winnipeg, it’s in the top 26%, meaning the lot is still generous by citywide standards.
2. Is the assessed value accurate or likely to change?
The assessed value of $410,000 is above the street average ($373,200) and neighbourhood average ($392,100). Assessments are based on market conditions at a set point in time. If the home has been recently updated or the market has shifted, the actual sale price may differ.
3. What does “ranked #6 out of 41 for year built” mean?
It means only five homes on this street are newer. The property was built in 1962, which is actually the same as the street average—so the ranking reflects that most homes are from that era or older, and this one is among the newer ones on the street.
4. How does the living space feel for a family or someone working from home?
At 1,476 square feet, it’s larger than the street, neighbourhood, and city averages. That extra space could comfortably accommodate a home office, a dedicated playroom, or an additional bedroom without feeling cramped. The layout and flow would depend on the floor plan, but the square footage is competitive.
5. Would this property be a good investment?
It ranks well for assessed value relative to the street and neighbourhood, which may indicate strong underlying demand. The land area, while smaller on the street, is above average citywide—so the lot itself holds decent value. That said, the home is over 60 years old; potential buyers should factor in maintenance costs and any deferred updates. The neighbourhood analysis page (linked above) offers side-by-side comparisons with nearby homes to help gauge long-term trends.
Map & Street View
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