33 Westmount Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,170-square-foot home built in 1962 sits on a 5,240-square-foot lot in Windsor Park (Westmount Bay). The standouts here are the living area and the home’s age. It’s larger inside than most homes on the street (top 23%) and in the wider neighbourhood (top 22%), while the 1962 build year gives it a slightly older character than the citywide average, meaning more original detailing and likely a solid, well-established foundation. The assessed value of $357,000 sits near the middle of the pack locally and citywide—neither a steal nor overpriced for the area.

The appeal lies in getting more interior space per dollar on a street where lots tend to be smaller. At 5,240 square feet, the land is below average for Westmount Bay and Windsor Park, but the home itself offers room that competing properties in the same price range may not. This is less of a “buy the lot” proposition and more about the house itself.

This property would suit a buyer who prioritizes interior square footage over yard size, and who appreciates homes from the early 1960s—likely with solid construction, mature trees out front, and a settled neighbourhood feel. It’s a reasonable fit for a first-time buyer wanting more room without stretching to a bigger lot, or someone looking to downsize into a single-level-style home without sacrificing living space. Investors might find it interesting for the same reason: the land is modest but the livable area is generous relative to price.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It’s around average on the street (ranked 51 out of 92) and in the neighbourhood (top 48%). Citywide, it lands at the median. That suggests the price is in line with what comparable properties typically sell for—no obvious imbalance.

2. Is the smaller lot a problem for resale?
It depends on the buyer. On Westmount Bay, most lots are larger, so this one stands out for being compact. That can be a disadvantage if you’re hoping to add a garage or an extension, but it’s also a reason the home may be more affordable than others on the street. For someone who doesn’t need a big yard, it’s not a liability.

3. How old is the home’s construction relative to the neighbourhood?
The house was built in 1962, which is slightly older than the citywide average (1966) but very typical for the immediate area. The street and neighbourhood medians are 1962 and 1961, so the home fits right in. That consistency can matter for neighbourhood character and future development patterns.

4. Does the living area include finished basement space?
No—the 1,170 square feet refers to main living area only (typically main and upper floors, not below grade). If there’s a finished basement, it would be additional usable space not captured in these figures and should be verified in person.

5. What should I look for during a viewing given the 1962 build?
Focus on the mechanical systems (furnace, electrical panel, plumbing), window condition, and insulation. Homes of this era often have original windows and older wiring. The good news: 1960s construction in Winnipeg is generally solid, but updates may be needed sooner than on a newer build. Also check for any signs of settlement—the lot is smaller, but the neighbourhood’s age means the ground has long settled.