Key Characteristics & Ideal Buyer Profile
This 1,272 sqft home on Bedson Street, built in 1967, sits on a 5,654 sqft lot. The data positions it as a solidly average property across all major metrics. On its own street, the home ranks in the top third for both living area and assessed value, slightly outperforming immediate neighbors. However, when compared to the wider Westwood neighbourhood and Winnipeg citywide averages, the numbers settle into the middle of the pack. The land area, while typical for the street, is noticeably smaller than the neighbourhood and city averages—a less obvious detail that suggests a tighter, more established lot rather than a sprawling suburban yard.
The appeal here is consistency and predictability. This isn't a standout fixer-upper or a premium showpiece; it's a dependable, mid-century home that holds its value relative to its immediate surroundings. The assessed value of $369k is slightly above the street average but below the neighbourhood average, which may indicate it's priced realistically for what it offers.
This property would suit a buyer looking for a no-surprises entry point into an established area. It's a strong fit for first-time homeowners who want a functional, average-sized home without paying for extras they don't need. It could also work for an investor seeking stable, middle-of-the-road assets in a mature neighbourhood. The less obvious perspective: the strong street-level rank against a weaker neighbourhood rank means you're buying one of the better-value homes in a slightly less competitive pocket of Westwood—something a local buyer would appreciate more than a citywide search.
Frequently Asked Questions
1. How does the lot size affect this property's value compared to others in the area?
The land area of 5,654 sqft is almost exactly average for Bedson Street (5,651 sqft), but it's about 13% smaller than the Westwood neighbourhood average (6,491 sqft). This means the house sits on a lot that's typical for the immediate street but is more compact than many surrounding properties. This can be a positive for buyers who prefer less yard maintenance, but it's worth noting if you're comparing against other homes in the broader neighbourhood.
2. Is this property considered a good deal based on the assessed value data?
The assessed value of $369k is above the street average ($359k) but below the neighbourhood average ($392k) and citywide average ($390k). This suggests the home is priced competitively within its immediate context—you're paying a slight premium over your direct neighbours but getting a relative discount compared to the wider Westwood market. It's a balanced position that typically indicates fair market pricing rather than a bargain or a stretch.
3. The year built is listed as 1967. Are there any implications for maintenance or renovations?
The home is from the mid-1960s, a common vintage in Westwood. At this age, major systems (roof, furnace, electrical, plumbing) may have been updated or may be nearing the end of their lifespan. The data doesn't include renovation history, so a pre-purchase inspection is essential. The "above average" rank for year built within the neighbourhood (top 26%) means it's newer than roughly three-quarters of nearby homes, which is a slight advantage compared to older stock in the area.
4. How should I interpret the "Top 34%" or "Top 47%" rankings?
These rankings compare this property against all other comparable homes within that specific scope (street, neighbourhood, or city). A "Top 34%" ranking on the street means it performs better than 66% of homes on Bedson Street for that particular metric (e.g., living area). The percentage is relative, not absolute—it tells you where the home sits in the pecking order, not whether it's objectively large or small. The "Avg" figure gives you the rough median benchmark for direct comparison.
5. Should I trust the neighbourhood analysis map mentioned in the data?
The neighbourhood analysis map is a tool that lets you overlay this property's metrics against nearby homes on a map. It can be useful for visual comparison—seeing lot shapes, street positioning, and proximity to other properties of similar vintage or value. However, remember the map data is based on the same assessed values and public records used in this summary. It doesn't replace an in-person visit or a professional appraisal. It's best used as a planning tool to narrow down which properties to view.