Key Characteristics & Appeal
This is a 1,230 sqft single-family home built in 1960, located on Magellan Bay in Winnipeg’s Westwood neighbourhood. Its main asset is the lot: 6,414 sqft. Citywide, that puts it in the top 23% for lot size—meaning it’s genuinely roomier than most comparable homes in Winnipeg. The house itself is a bit below average on its own street for both size and lot, which could matter if you’re comparing it directly to immediate neighbours, but it holds its own well against the rest of the city and the broader Westwood area.
The assessed value sits at $383,000. That’s slightly below the street average ($389.3k) and the neighbourhood average ($392.1k), so it’s priced a touch under the local norm. That could reflect the slightly smaller living area or the older build relative to other homes nearby.
The appeal here is more about the property than the house itself. The generous lot offers potential—gardening, expansion, or simply more breathing room than a newer infill would provide. It would suit a buyer who values outdoor space and doesn’t need a huge interior footprint, or someone open to a renovation or addition over time. It’s less suited to someone looking for a move-in-ready, turnkey home or a compact, low-maintenance yard.
Five Possible FAQs
1. How does the living space compare to typical homes in Westwood?
It’s right around the neighbourhood average. Westwood homes of this type average 1,372 sqft, so this one is about 10% smaller than some but not drastically off. On its own street, it ranks near the bottom for square footage, but that gap is fairly narrow.
2. Is the assessment value a good indicator of market price?
Not always. The assessed value ($383k) is a municipal figure based on market trends and property characteristics. It’s below both the street and neighbourhood averages, which could suggest it’s priced fairly or even slightly conservatively, but actual sale prices depend on condition, updates, and buyer demand.
3. What’s the lot like compared to other properties in the area?
It’s above average for Westwood and well above average citywide. The lot size (6,414 sqft) puts it in the top 23% of comparable homes across Winnipeg. That’s a distinctive feature—most homes in the city sit on smaller parcels.
4. How old is the house, and does that matter?
It was built in 1960, which is typical for the street (average 1961) but older than many homes in Westwood (average 1966). It’s not unusually old for the area, but if you’re comparing to newer subdivisions, you’ll likely need to account for systems age, insulation, and layout.
5. What’s the neighbourhood like in terms of rankings?
The house sits around the middle for its street and neighbourhood across most measures. The standout is lot size citywide (top 23%) and, to a lesser degree, living area being slightly ahead of city average (top 47%). It’s not a top-tier property in any single category, but it’s consistent and offers solid value on the land.