73 Manitou Bay – Property Summary

Key Characteristics & Buyer Profile

This is a solid, well-proportioned home in Winnipeg’s Westwood neighbourhood, built in 1967. Its main appeal lies in the living area: at 1,522 square feet, it ranks in the top 17% on its street and top 25% in the neighborhood, meaning it offers noticeably more interior space than many comparable nearby homes. The lot is 5,995 square feet—slightly above average for the street but fairly typical for the neighbourhood overall. The assessed value sits around $393,000, which is close to both the neighborhood and city averages, suggesting the property is realistically priced for what it offers.

The home would best suit buyers who want extra interior space without paying a premium for a larger lot. It’s a practical choice for someone who values a roomier layout—such as a growing family or someone who works from home—but isn’t looking for a oversized yard or a recently renovated property. The 1967 build means it may need updates, especially if original finishes remain, but for a buyer open to cosmetic improvements, the strong living area and reasonable assessment represent a good value proposition.

Five Possible FAQs

1. How does this home’s size compare to others in Westwood?
   The living area is about 150 square feet larger than the neighborhood average, and it falls in the top quarter of homes in the area. The lot size, however, is very close to the median for the neighbourhood—neither standout nor small.

2. Is the assessed value a reliable indicator of the asking price?
   Assessed value is a baseline used for property taxes, not a direct market price. Here, the value is slightly above the street average but on par with the neighbourhood average, so it’s likely a reasonable guide, but final pricing depends on condition, renovations, and current market demand.

3. What does the 1967 build year mean in terms of maintenance?
   Homes of this era often have solid construction, but major systems (roof, furnace, windows, plumbing) may be nearing or past their typical lifespan unless upgraded. It’s wise to check for updates, as the home ranks relatively high for age on the street, meaning it might be older than some neighbours but newer than others.

4. Is this home suitable for someone wanting a large yard?
   Not especially. The lot is below the neighbourhood average and in the middle of the pack citywide. If outdoor space is a priority, you’d want to compare it directly with other listings; this property’s strength is interior space, not land.

5. What kind of resale value might I expect here?
   Resale will largely depend on how the interior condition compares to other homes in Westwood. The above-average living area is a solid selling point, but the lot size and older build could limit upside unless significant updates are made. It’s a stable, mid-range option rather than a high-appreciation play.