20 Foxberry Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,012 sqft home, built in 1972, sits on a 3,498 sqft lot in Westdale, Winnipeg. Its strongest asset is assessed value: ranked #1 on Foxberry Bay (top 2%), with an assessed value of $313,000 against a street average of $266,800. That’s a notable premium relative to immediate neighbours, though it settles to around average within the broader Westdale neighbourhood and citywide.
Living area is above average for the street (top 19%) but below average for the city. Land is below average at both the neighbourhood and city level—this is a compact lot by local standards. The year built is fairly typical for the area.
Where the appeal lies: The home offers strong perceived value within its immediate street context, likely due to finishes, condition, or recent updates that haven't been fully captured by the raw metrics. For a buyer focused on getting top-tier assessed value relative to neighbours, this stands out. The smaller lot may also appeal to those wanting less outdoor maintenance.
Who it suits: Buyers who prioritize a solid, well-positioned home on a good street over a large yard. It’s a practical fit for someone who values resale strength and neighbourhood reputation over square footage or land. Less suited for families wanting a big backyard or buyers looking for a fixer-upper at a discount.
Five Possible FAQs
1. Why is the assessed value so high compared to other homes on the street?
Assessed value reflects the city’s estimate of market value based on recent sales, condition, and improvements. A top-ranked assessment on the street suggests this home has likely been well-maintained or upgraded—possibly with modern kitchen, bathroom, or mechanical updates—though that’s not confirmed by the data alone.
2. Is a below-average lot size a problem for resale?
It depends on the buyer pool. In Westdale, where average lots are over 5,000 sqft, a 3,498 sqft lot may limit appeal to families wanting space. But for downsizers, empty nesters, or those prioritizing location over land, it can be a plus. The street-level ranking (top 43%) shows it’s not unusually small for Foxberry Bay itself.
3. How does the living area compare to other homes in the area?
At 1,012 sqft, it’s slightly above average for the street (960 sqft) but below the Westdale average (1,029 sqft) and well below the city average (1,342 sqft). It’s a modestly sized home—fine for a couple or small family, but tight for larger households.
4. What does “around average” mean for the year built?
Built in 1972, this home fits squarely within the norm for both the street and neighbourhood. It’s not outdated relative to the area, but it’s also not notably newer. Buyers should expect systems and finishes typical of a 50+ year old home, unless recent renovations have been made.
5. How are the rankings calculated, and should I trust them?
Rankings compare this property to a pool of “comparable homes” within each scope (street, neighbourhood, city). The bar fill length shows what share of peers you outperform. The data comes from municipal assessments, so it’s reliable for relative comparisons but doesn’t capture subjective factors like curb appeal, layout, or recent sales that aren’t yet reflected in assessments. Use it as a starting point, not a final verdict.