Here is a clean, standalone summary of the property at 98 Canoe Bay.

Key Characteristics & Buyer Profile

This is a 1965-built home with 1,114 square feet of living space on a notably large lot of 5,797 square feet. Its strongest feature is the land: the lot ranks in the top 24% on its street and top 37% city-wide, meaning you get more outdoor space than most comparable Winnipeg homes. The house itself is in the middle of the pack—its living area is slightly below the neighborhood average, and its assessed value of $350,000 is a bit lower than the broader area’s median of $392,100.

The appeal here is subtle but practical. You are not buying a showpiece or a renovated gem; you are buying potential and space. The large lot gives you room for a garden, a workshop, an addition, or simply privacy that a newer infill lot wouldn’t offer. The year built (1965) places it in an older, established pocket of Westwood, which often means mature trees and deeper setbacks.

This property suits a buyer who values outdoor space over interior square footage. It is a good fit for someone comfortable with a modest, original-condition home who sees the land as the primary asset—whether that’s for family use, future expansion, or a long-term hold. It is less suited for someone expecting a turnkey interior or a home that immediately compares favorably to newer, larger suburban builds.

Frequently Asked Questions

1. How does this property’s assessed value compare to similar homes in the neighborhood?
The assessed value of $350,000 is below the Westwood neighborhood average of $392,100. On its street, it ranks right in the middle (19 out of 37 homes). This suggests the home’s current condition or size keeps its valuation modest relative to the area, but the land itself carries value.

2. What does the lot size mean in practical terms?
At 5,797 square feet, the lot is significantly larger than the city-wide average for comparable homes (6,570 sqft is the average, but this lot beats over 60% of them). On its street, it ranks 9th out of 37, placing it in the top quarter. This typically translates to a deeper or wider backyard than standard post-war lots in the area, offering room for a garage, shop, or outdoor living space.

3. Is the living space considered small for this area?
Yes, slightly. The 1,114 square feet is below the neighborhood average of 1,372 square feet. On its street, it ranks 18th out of 37, which is around average for Canoe Bay. It is a comfortable size for a starter home or someone downsizing, but not generous by Westwood standards.

4. What does “Year Built: 1965” tell me about the home’s construction?
Homes from this era in Winnipeg typically have solid foundations (often concrete block or poured concrete) and were built with dimensional lumber. They may have original windows, mechanical systems, or insulation that need updating. The fact that the home is older than most on its street (ranked 11 out of 37) suggests it may have been one of the earlier builds in this section of the neighborhood, which often correlates with better soil conditions and larger original lot sizes.

5. How reliable are the ranking comparisons listed?
The rankings compare this property to a pool of “comparable homes” within each geographic scope (street, neighborhood, city). The metrics are based on publicly available assessment data. They give a solid snapshot of how this home stacks up against its peers, but they do not account for interior renovations, deferred maintenance, or unique features (like a finished basement or detached garage). They are a useful starting point, not a full appraisal.