7 Reynolds Bay

Westwood, Winnipeg

Property score

65.5

Good

Overall 65.5 · Smaller than most nearby homes

1,064 sqft (bottom 13%) · Built in 1965 (1 yr older than avg)

Located in a high-income area with median household income of ~115k

Transit 62.0 · 3-min walk to transit with 2 nearby routes · Within 500m: 3 schools, 3 parks, and 1 place of worship nearby

Living Area

Below average

22% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 85%Punjabi · 2%

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

65.5 is composed by the two sections below.

Property Score

52.3Fair
Living Area1,064 sqft52Fair
Year Built196546Low
Lot Size5,452 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

85.2Excellent
Household Income90Excellent
Education Level63Fair
Housing Stress100Excellent
Core Housing Need100Excellent
Employment Health76Good

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: #46110318

Community deep dive

$115K

Median household income

$128K

Average household income

3%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.7

P90 / P10 ratio

16%

Single-person households

33%

Families with children

Population, labour & age

Population (2021)412
Labour force participation rate67%
Median age44.4
Avg household size2.7
Unemployment rate4%
Population density1420 / km²

Households & income

Low income (LIM-AT, % pop.)3%
Single-person households16%
Couple families with children33%
Median household income (2020)$115K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$352K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority15%
Bachelor's or higher (25–64)30%
Mother tongue (1st)English · 85%
Mother tongue (2nd)Punjabi · 2%

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

Rankings

Living Area

around average
1,064 sqft
0255075100
Same streetBottom 1%Same areaBottom 13%CitywideBottom 35%
Same street · Reynolds Bay
#12 / 12
Bottom 1% · Avg 1,154 sqft
Same area · Westwood
#2,207 / 2,523
Bottom 13% · Avg 1,372 sqft
Citywide · Winnipeg
#126,262 / 194,458
Bottom 35% · Avg 1,342 sqft

Tax-Assessed Value

around average
358k
0255075100
Same streetBottom 42%Same areaBottom 40%CitywideBottom 49%
Same street · Reynolds Bay
#7 / 12
Bottom 42% · Avg 356.4k
Same area · Westwood
#1,517 / 2,523
Bottom 40% · Avg 392.1k
Citywide · Winnipeg
#99,164 / 194,458
Bottom 49% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 25%Same areaTop 43%CitywideBottom 47%

Lot Size

around average
5,452 sqft
0255075100
Same streetTop 33%Same areaBottom 23%CitywideTop 45%

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

7 Reynolds Bay — 7 amenities found within 500 m, across 3 categories, including 3 education (nearest 342 m), 3 parks (nearest 114 m).

Search radius
🏫Education3
🌳Parks3
Worship1

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 7/2017CA$300k–350k
Sold price

Same street

Top 40%

Same area

Bottom 38%

City-wide

Bottom 49%

Related homes

Highlights & common questions: 7 Reynolds Bay, Winnipeg

7 Reynolds Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,064 sqft home built in 1965 on a 5,452 sqft lot, with an assessed value of $358,000. What sets it apart is its position relative to the street it sits on. On Reynolds Bay itself, this property ranks among the older homes (3rd oldest out of 12) and has one of the larger lots (4th largest). However, its living area is the smallest on the street, and the assessed value sits close to the street average.

The appeal here is subtle. This isn’t a flashy property—it’s a solid, modest home on a street where other homes are generally larger and newer. That dynamic could mean more breathing room in terms of outdoor space compared to similar-priced homes in denser parts of Westwood. The lot size is a genuine standout: while the average lot in the neighbourhood is nearly 6,500 sqft, this property’s 5,452 sqft is well above city averages and sits comfortably among the larger lots on its street.

This property would suit a buyer who values a decent-sized yard over interior square footage, and who isn’t intimidated by a home that may need updates (given its age and relatively lower assessed value per square foot). It’s a good fit for someone who sees potential in a less competitive street within Westwood, where comparable homes are priced similarly but offer less land. It may also appeal to buyers who want to avoid the premium typically attached to larger, newer homes in this part of Winnipeg, while still being in a neighbourhood with solid citywide rankings across most metrics.


Five Possible FAQs

1. How does the home’s size compare to other properties nearby?
The living area (1,064 sqft) is below the Westwood neighbourhood average of 1,372 sqft, and it’s the smallest on Reynolds Bay itself. However, the lot size (5,452 sqft) is above the citywide average for comparable homes and is one of the larger lots on the street.

2. Is the assessed value reasonable given the neighbourhood?
The assessed value ($358,000) is nearly identical to the street average ($356,400) but significantly below the Westwood neighbourhood average ($392,100). This suggests the home is priced in line with its immediate street but offers a relative discount compared to much of the surrounding area.

3. Could this property be a good candidate for renovations?
Possibly. The home is mid-1960s construction, and its lower living area relative to the lot could mean expansion potential (subject to local zoning and permits). The land value appears to be a stronger asset than the building itself, which is often attractive for buyers considering a reno or even a teardown.

4. How does the street compare to others in Westwood?
Reynolds Bay is a small street with only 12 comparable homes. This property ranks near the bottom for living area but near the top for lot size and age. It’s not a street where homes are uniformly large or new, so it offers a mix of older, more modest properties alongside larger ones—giving buyers options at different price points.

5. What does the “Top X%” ranking actually mean?
These rankings show how this property compares to similar homes within each geographic level (street, neighbourhood, city). For example, a “Top 33%” ranking for land area on the street means it has a larger lot than about 67% of comparable homes on Reynolds Bay. The fill colour on the ranking bar indicates the tier (e.g., above average, around average, below average), and “Avg” refers to a rough median for that group.

Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.