41 Foxberry Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,020 sqft home sits on a 4,813 sqft lot in Winnipeg’s Westdale neighbourhood, built in 1972 with an assessed value of $274,000. Its strongest feature is the lot size, which ranks in the top 20% on Foxberry Bay—above the street average of 4,103 sqft. While the living area is slightly above the street average (960 sqft), it falls below citywide norms (1,342 sqft), making the home compact relative to many Winnipeg properties. The assessed value is around average for the street and neighbourhood but below citywide averages, reflecting Westdale’s mid-range market positioning.
The property’s appeal lies in its land-to-living-area ratio. Buyers who value outdoor space or future expansion potential over interior square footage will find this attractive, particularly given the street’s above-average lot sizes. The 1972 build year is consistent with the neighbourhood’s vintage, placing it near the median age for the area. This suits buyers looking for an established home with room to customize, rather than a move-in-ready property with maximized interior space. It may also appeal to investors or renovators who see the larger lot as an asset in a stable, older suburb where land values hold steady. The property likely works best for families needing yard space, or for those willing to update the interior over time rather than paying a premium for immediate finishes.
Five Frequently Asked Questions
1. How does this home compare to others on Foxberry Bay?
It is slightly above average in living area (1,020 sqft vs. 960 sqft street average) and lot size (4,813 sqft vs. 4,103 sqft). Assessed value is around the street norm, and the build year is identical to the street average (1972). In short, it’s a solid, typical home on the street with a notably larger lot.
2. Is Westdale a competitive neighbourhood for buyers?
It’s a mid-tier market. The home ranks in the top 64% for assessed value within Westdale (around average) and top 57% for lot size. The neighbourhood itself isn’t the hottest market in Winnipeg, but it’s established—buyers here tend to prioritize location stability and lot value over bargain pricing or luxury finishes.
3. What should I know about the 1,020 sqft living area?
It’s slightly above the street average but below citywide norms. Winnipeg’s older suburbs often have larger homes, so this property is on the smaller side for the city. Buyers expecting a typical 1,300+ sqft bungalow in this era may find it compact. However, it’s worth comparing interior layout rather than raw square footage—some 1970s homes use space efficiently.
4. How does the assessed value relate to market price?
Assessed value ($274,000) is around the street average and below the neighbourhood average ($307,400). Citywide, it’s well below the $390,100 benchmark. This suggests the home is priced for its street and neighbourhood, not for a premium citywide market. Buyers should still check recent sale prices on Foxberry Bay, as assessments lag behind market shifts.
5. Is the 1972 build year a concern for maintenance?
It’s typical for Westdale—the neighbourhood average is 1971. Homes of this era often have original plumbing, electrical, and roofing unless updated. The lot’s size and the home’s compact footprint may make renovations more straightforward than on smaller lots, but buyers should budget for potential updates (windows, furnace, etc.) that are common for a 50+ year-old home. No specific condition data is available from this summary.