31 Kersey Bay

Property Summary: 31 Kersey Bay

Key Characteristics & Buyer Profile

This 1,134 sqft home, built in 1970, sits on a 6,086 sqft lot in Winnipeg’s Westdale neighbourhood. Its key strength is value within the community: the assessed value of $366,000 is notably higher than the Westdale average of $307,000, ranking in the top 16% of the area. This suggests a property that may be well-maintained or has desirable updates relative to its immediate neighbours. On its own street (Kersey Bay), it is fairly average in size and value, while city-wide it falls near the middle for both. The lot, however, stands out—above average for both Westdale and the city as a whole, even if it’s on the smaller side for its specific street.

The property’s appeal lies in its solid, middle-of-the-road positioning. It’s not the largest or most expensive home on its block, but it offers a bigger lot than much of the surrounding area and a higher-than-average assessment for the community. This combination can appeal to buyers who want a home that feels like a strong relative value—getting more house and land than the local norm without carrying a top-of-market price tag. It would particularly suit buyers looking for a practical, single-family home in a well-established neighbourhood, especially those who value outdoor space (the larger lot) and are less concerned with being on a “prestige” street. It’s a grounded option for someone who wants good comparables, not flash.

Five Possible FAQs

1. How does this property’s value compare to others in Westdale?
Its assessed value of $366,000 is about 19% higher than the Westdale average, placing it in the top 16% of the neighbourhood. This indicates it’s a relatively strong asset for the area.

2. Is the lot size unusually big or small?
The 6,086 sqft lot is above average for both Westdale (where the average is 5,168 sqft) and Winnipeg as a whole (6,570 sqft). However, it’s smaller than the average for its own street, Kersey Bay, where properties tend to sit on larger plots.

3. How old is the house, and is that typical for the area?
Built in 1970, the home is almost exactly the average age for its street and very close to the neighbourhood average (1971). It’s slightly newer than the city’s typical home, but overall it fits right in with the surrounding housing stock.

4. What does “assessed value” actually mean for a buyer?
It’s a city-determined estimate of market value used to calculate property taxes, not a definitive sale price. That said, being assessed well above the neighbourhood average can be a practical signal that the property holds its value relative to nearby homes, which may be relevant for resale or financing.

5. How does this home rank at the city level?
It lands near the middle for both size and value—around the 57th percentile for living area and 48th percentile for assessed value. So it’s not a standout city-wide, but within Westdale it’s clearly above average, especially on value and lot size.