Key Characteristics & Appeal
This is a 1,078 sqft home built in 1968 on a 5,156 sqft lot, located at 329 Bedson Street in Winnipeg’s Westwood neighbourhood. Its living space is slightly below average for the broader community and city, but about average for its immediate street. The assessed value of $332,000 is notably lower than both the Westwood average ($392,000) and the city average ($390,000), which means the property taxes are likely lower than similarly sized homes nearby. The house is newer than many in Westwood (ranking in the top 18% for build year), which can appeal to buyers wanting a home with more modern construction standards without paying for a brand-new build.
The main draw here is value. You get a decent-sized home in an established neighbourhood at an assessed price point that sits well below the community median. The lot is a bit smaller than typical for Westwood, but it’s close to the citywide average—so it’s not unusually tight. This property would suit buyers who are budget-conscious but still want a standalone house in a settled area with character. It’s less suited to someone looking for high-end finishes, a large yard, or a top-tier school catchment prestige. It would work well for first-time buyers, small families, or investors looking for a property with upside in a solid mid-range neighbourhood.
Frequently Asked Questions
1. How do the property taxes compare to others in the area?
The assessed value of $332,000 is roughly $60,000 below the Westwood neighbourhood average and about $58,000 below the city average. That likely means lower annual property taxes, which can be a meaningful savings for a buyer.
2. Is the lot considered small?
In Westwood, the lot is smaller than average (5,156 sqft vs. 6,491 sqft neighborhood-wide). But compared to the city as a whole, it’s essentially average. So it’s not tiny, but if you want a deep backyard or room for major additions, this lot might feel a bit tight.
3. How old is the house, and does it need major updates?
Built in 1968, it’s newer than most homes in the Westwood community and the broader city, both of which average around 1966. A 1968 home is likely in a similar condition bracket to many others in the area—meaning you’d want to check the roof, furnace, windows, and foundation, but it’s not a heritage-era property that demands constant upkeep.
4. What kind of buyer typically buys on this street?
Bedson Street itself mostly has homes averaging around 1,222 sqft and a slightly higher assessed value than this property. That suggests the street skews toward standard family homes, with a mix of original owners and newer buyers. This specific house may appeal to those who want to enter at a slightly lower price point within that established block.
5. Is the property a good investment compared to others in the same price range?
Given its below-average assessed value for the area and its relatively later build year, there’s potential for gradual appreciation as the neighbourhood ages and values rise. That said, the smaller lot and slightly smaller home size mean it may not appreciate as quickly as higher-tier properties on the same street. It’s a solid, grounded entry point rather than a high-risk, high-reward flip.