74 Canoe Bay

Westwood, Winnipeg

Property score

59.5

Fair

Overall 59.5 · Smaller than most nearby homes

1,104 sqft (bottom 19%) · Built in 1965 (1 yr older than avg)

Located in a above-average income area with median household income of ~75.5k

Transit 92.0 · 3-min walk to transit with 5 nearby routes · Within 500m: 12 dining spots, 1 school, 2 healthcare facilitys, and 5 shops nearby

Living Area

Below average

20% smaller than neighborhood avg.

Year Built

Near average

1 yrs older than neighborhood avg.

Mother tongue

English · 81%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

Need help understanding this property?

Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.

Usually replies in a few minutes

Property score

59.5 is composed by the two sections below.

Property Score

57.1Fair
Living Area1,104 sqft60Fair
Year Built196546Low
Lot Size5,397 sqft67Good
Neighbourhood Sales Activity37Low

Community Score

63.0Fair
Household Income75Good
Education Level44Low
Housing Stress52Fair
Core Housing Need63Fair
Employment Health52Fair

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: #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

Population (2021)610
Labour force participation rate57%
Median age44.0
Avg household size2.1
Unemployment rate9%
Population density2440 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households36%
Couple families with children18%
Median household income (2020)$76K

Housing

Renter households47%
Condominium dwellings0%
Median dwelling value (owners)$348K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority15%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 81%
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
1,104 sqft
0255075100
Same streetBottom 46%Same areaBottom 19%CitywideBottom 40%
Same street · Canoe Bay
#20 / 37
Bottom 46% · Avg 1,193 sqft
Same area · Westwood
#2,046 / 2,523
Bottom 19% · Avg 1,372 sqft
Citywide · Winnipeg
#116,454 / 194,458
Bottom 40% · Avg 1,342 sqft

Tax-Assessed Value

around average
355k
0255075100
Same streetTop 41%Same areaBottom 37%CitywideBottom 48%
Same street · Canoe Bay
#15 / 37
Top 41% · Avg 355.7k
Same area · Westwood
#1,588 / 2,523
Bottom 37% · Avg 392.1k
Citywide · Winnipeg
#101,160 / 194,458
Bottom 48% · Avg 390.1k

Year Built

above average
1965
0255075100
Same streetTop 30%Same areaTop 43%CitywideBottom 47%

Lot Size

around average
5,397 sqft
0255075100
Same streetBottom 35%Same areaBottom 20%CitywideTop 46%

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

74 Canoe Bay — 39 amenities found within 500 m, across 10 categories, including 12 dining (nearest 153 m), 1 education (nearest 368 m), 2 healthcare (nearest 309 m).

Search radius
🍽️Dining12
🏫Education1
🏥Healthcare2
🛒Shopping5
🌳Parks3
💪Sports2
🏦Finance5
Fuel Stations3
Worship5
🏛️Government1

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 6/2022CA$350k–400k
Sold price

Same street

Top 25%

Same area

Top 40%

City-wide

Top 38%

Related homes

Highlights & common questions: 74 Canoe Bay, Winnipeg

74 Canoe Bay – Property Summary

Key Characteristics, Appeal & Buyer Profile

This is a 1965-built single-family home on Canoe Bay in Winnipeg’s Westwood neighbourhood, with 1,104 sqft of living space and a 5,397 sqft lot. Its assessed value is $355,000.

Across the board, this property sits close to its street’s averages. It ranks 20th out of 37 homes on Canoe Bay for living area—right at the middle—and 15th for assessed value, just below the street median. Within Westwood, both size and value trail the neighbourhood norms: the home is in the 81st percentile for living area and 63rd for lot size, meaning many nearby houses are larger and sit on bigger plots. Citywide, it falls roughly in the middle tier.

Its appeal is pragmatic rather than flashy. This isn’t a standout by square footage or land, but it’s a solid, unremarkable entry in a mid-century street. The lot is slightly smaller than the Westwood average, and the build year is typical for the area. For a buyer, the value lies in predictability: it’s an average house in an average street with no extreme upsides or downsides in the data.

This property would suit a first-time buyer looking for a functional, modest home without paying a premium for size or land. It’s also a reasonable fit for an investor or renovator who wants a low-key starter in a stable neighbourhood—someone who prioritizes location over standout specs. It’s less suited to buyers seeking a large family home or a lot with expansion potential.


Five Possible FAQs

1. How does this home compare to others on the same street?

It’s slightly below the middle of the pack. For living space (1,104 sqft), it ranks 20th out of 37 homes, and for assessed value, 15th. Land size is 5,397 sqft, ranking 24th—so the lot is on the smaller side for the street.

2. Is the assessed value fair compared to similar homes in Westwood?

The assessed value of $355,000 is about $37,000 below the Westwood average of $392,000. That makes sense given this home is smaller in both living area and lot size than many in the neighbourhood. It’s not an outlier, but it’s priced slightly under the community norm.

3. What’s the lot like, and can I add on to the house?

The lot is 5,397 sqft, which is a bit under the city average of 6,570 sqft and well below Westwood’s average of 6,491 sqft. It’s in the 80th percentile for the neighbourhood, meaning most nearby lots are bigger. An addition is possible in principle, but you’d have less flexibility than on a larger plot.

4. How does the home’s age affect its value?

Built in 1965, this house is very typical for both Canoe Bay and Westwood, where the average build year is 1966. On its street, it’s actually slightly newer than 11 of the 37 homes. Age is a neutral factor here—it’s not a renovation project required by an old structure, but it’s not a recent build either.

5. Who typically buys in this price range and area?

Buyers here often value affordability and a settled neighbourhood over space or prestige. You see first-time homeowners, downsizers, and people who work nearby. It’s not a high-turnover area, so the market tends to be stable but not fast-moving.

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.