29 Manitou Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,180 sqft home built in 1964, with a 5,590 sqft lot. Its assessed value is $388,000. The property sits in a middle-of-the-pack position across most metrics. On its own street, Manitou Bay, the home ranks above average for assessed value (top 22%), but the lot size is noticeably smaller than nearby properties (bottom 78% on the street). The living area and year built are roughly average for the street, the Westwood neighborhood, and Winnipeg as a whole.
The appeal here is a bit nuanced. You are getting a home with solid value for its assessed price relative to the street, but the trade-off is less outdoor space than many neighbors. This could suit a buyer who prioritizes a manageable yard and a home that doesn’t feel overpriced compared to others nearby, rather than someone seeking land or a larger footprint. It may also appeal to someone who values being in a slightly more affordable bracket within a neighborhood where many homes have higher square footage or larger lots, potentially giving this property room for appreciation if the surrounding homes lift the area.
Five Possible FAQs
1. How does this property compare to others in Westwood?
The home is around average for the neighborhood in living area, year built, and assessed value. The lot is a bit smaller than most in Westwood (top 69% means roughly 31% of properties are smaller). It is not an outlier, but sits comfortably in the middle of the pack.
2. Is the assessed value high or low for what you get?
On Manitou Bay, the assessed value is above average—ranking 8th out of 36 homes. That means it’s priced higher than most on the same street, which could reflect upgrades or desirability of the specific location. Citywide and neighborhood, it’s close to the average.
3. How old is the house, and does that matter?
Built in 1964, it is about average for the street (average is 1966) and the neighborhood. You are not buying a particularly old or new house compared to others around it. Routine maintenance expectations are typical for a home of this era.
4. Why is the lot size notable?
At 5,590 sqft, the lot is below average for Manitou Bay (average is 6,079 sqft). If you value a larger yard for gardening, kids, or expansion, this might feel tight. If you prefer less yard work, it could be a plus.
5. What does the ranking system actually mean?
The rankings show how this property compares to others—lower rank number (e.g., #8 out of 36) means it performs better in that category. For lot size and living area, bigger is better; for year built, newer is better; for assessed value, higher is better. The bar charts and median lines on the neighborhood map help visualize this.