Property score
81.7
Excellent
Overall 81.7 · Larger and newer than most nearby homes
1,507 sqft (top 27%) · Built in 1997 (31 yrs newer than avg)
Located in a high-income area with median household income of ~129k
Transit 74.0 · 5-min walk to transit with 2 nearby routes · Within 500m: 3 parks nearby
Living Area
Above average
10% larger than neighborhood avg.
Year Built
Above average
31 yrs newer than neighborhood avg.
Mother tongue
English · 83%French · 2%
Past 10 years Westwood sales snapshot (~80% of all data)
898
405k
$307/sqft
1966
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81.7 is composed by the two sections below.
Property Score
Community Score
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.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110322
$129K
Median household income
$145K
Average household income
2%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.5
P90 / P10 ratio
15%
Single-person households
43%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank 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.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
75 Franklin Bay — 3 amenities found within 500 m, across 1 categories, including 3 parks (nearest 157 m).
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%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Bottom 43% | Top 12% | Top 18% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
This 1,507 sqft home sits on a 5,667 sqft lot in Winnipeg’s Westwood neighbourhood. Built in 1997, it is significantly newer than the surrounding housing stock—ranking third within its own street and in the top 1% of the neighbourhood for construction year. The assessed value (for tax purposes) is $475,000, which is above the community average of $392,000 but below the average for Franklin Bay itself ($524,000).
The appeal here is a matter of positioning. On its own street, the property is roughly average in size and lot area, and its assessed value falls toward the lower end. But when you zoom out to the neighbourhood and city levels, it becomes a stronger offering: above-average living space, above-average assessed value, and a much newer build than most homes in Westwood (where the average construction year is 1966). That means you’re getting a relatively modern home in an established area without paying a premium relative to similar nearby properties.
This would suit buyers who want a move-in-ready home in a mature neighbourhood, but who also care about age and condition. It may be less ideal for someone looking for a fixer-upper or a large lot for additions or landscaping projects. The land size is unremarkable—close to average across all three comparison levels—so it’s a solid, not standout, parcel.
1. How does the property’s size compare to others in the area?
It’s close to the average on Franklin Bay (1,634 sqft) and above average in the Westwood neighbourhood (1,372 sqft) and citywide (1,342 sqft). So it’s not unusually large for its street, but it’s a good size relative to the broader area.
2. Why is the assessed value above the neighbourhood average but below the street average?
Franklin Bay itself has higher-value homes (average $524,000), so this property is priced modestly for that street. But Westwood’s overall average is lower ($392,000), making this home relatively high for the neighbourhood.
3. How old is the home, and does that matter for maintenance?
Built in 1997, it’s among the newest homes on Franklin Bay and in the top 1% of Westwood. That suggests fewer immediate major repairs than older homes in the area, but it’s still almost 30 years old—so systems like roofing, HVAC, and windows may need attention depending on previous upkeep.
4. Is the lot large enough for additions or a garage extension?
At 5,667 sqft, the lot is close to average across all comparison groups. It’s not tight, but it’s not oversized either. Any expansion would likely be modest and should be checked against local zoning and setback rules.
5. How does this property compare to newer developments in the suburbs?
It’s older than a brand-new suburban build, but offers a more established neighbourhood context—larger trees, closer amenities, and potentially better resale stability. You trade some modern finishes for location and lot size that’s comparable to newer subdivisions.
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