89 Manitou Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,500 sqft home sits on a 5,698 sqft lot in Winnipeg’s Westwood neighbourhood, built in 1964 with an assessed value of $350,000. The living area is the property’s standout feature—it ranks in the top 22% on its street and top 27% in the neighbourhood, meaning the interior is noticeably more spacious than many nearby homes of similar age. The lot size, assessed value, and build year all sit close to local averages, so there are no major surprises there.

The appeal lies in getting more indoor square footage without paying a premium. The assessed value is around average for both the street and neighbourhood, which suggests the extra space hasn’t been fully priced in. For someone who prioritises room to spread out—whether for a growing family, a home office setup, or simply not feeling cramped—this property offers that advantage in a stable, mid-century neighbourhood. It would particularly suit buyers who are comfortable with a home that’s not brand new but is structurally typical for its era, and who value liveable space over a big yard or a recently renovated kitchen. The lot is on the smaller side citywide (top 39%), so this isn’t the right fit if you’re looking for a large garden or room to build an addition.

Five Possible FAQs

1. How does the living area compare to other homes in Westwood?
The 1,500 sqft is above the neighbourhood average of 1,372 sqft, placing it in the top 27% of comparable homes. On its street, Manitou Bay, it ranks in the top 22%, so it’s one of the larger interiors in the immediate area.

2. Is the assessed value of $350,000 in line with similar properties?
Yes, it’s around average. On the street, the average is $371,500, and in the neighbourhood it’s $392,100. The home is valued slightly below both, but not by a wide margin—it’s ranked in the middle third locally and just above the citywide median (top 54%).

3. What’s the condition of a home built in 1964?
The listing doesn’t include condition details, but being built in 1964 means it’s from a typical era for the neighbourhood. The year-built rank is around average at every level, so it’s not unusually old or young for the area. A home inspection would be the best way to assess the actual state of the structure, systems, and finishes.

4. How big is the lot, and is it enough for outdoor space?
The lot is 5,698 sqft, which is near the average on this street (6,079 sqft) and slightly below the neighbourhood average (6,491 sqft). Citywide, it ranks in the top 39%, so it’s not small overall, but it’s not oversized either. Expect a manageable yard rather than a sprawling one.

5. How does this property compare to others I could find nearby?
For the price and living area combination, this home offers above-average indoor space at a close-to-average assessed value. If you compare it to other homes in Westwood with similar assessed values, you’d likely find smaller interiors. The trade-off is a lot size and age that are both fairly typical for the area, so you’re not gaining standout features in those categories.