37 Amundsen Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,050 sqft bungalow built in 1961 on a notably large 6,341 sqft lot in Winnipeg's Westwood neighbourhood. The property’s main draw is its land: it ranks in the top 16% on the street and top 25% citywide for lot size. While the living area is below average for both the street and neighbourhood, the assessed value ($324k) reflects that—coming in below both local and citywide medians. The house is essentially average for its street in terms of age (1961) but older than the surrounding neighbourhood average (1966).
The appeal here is pragmatic. You’re not buying a spacious interior or a recent renovation. You’re buying a decent-sized lot in a mature, established area at a price point below the neighbourhood median. That makes it a natural fit for buyers who plan to renovate, build an addition, or redevelop down the line—especially given the land-to-building value ratio. It also suits someone who values outdoor space over square footage, or who wants to get into a stable Winnipeg neighbourhood without paying a premium for a move-in-ready interior. The property sits roughly middle-of-the-pack among all comparable homes in the city, which means it’s a fairly typical entry-level profile for its era and area—nothing flashy, but with tangible upside potential in the land itself.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
The 1,050 sqft living area is below the street average of 1,184 sqft and well below the Westwood neighbourhood average of 1,372 sqft. Citywide, it’s closer to the median but still in the lower third. If interior space is your priority, you may find larger options on the same street.
2. Why is the assessed value lower than the neighbourhood average?
The assessed value of $324k is about 17% below the Westwood average of $392k. This is largely due to the smaller living area and older construction relative to nearby homes. However, the lot is larger than many in the area, so the value is weighted toward land rather than the building itself.
3. What are the possibilities for the lot?
At 6,341 sqft, the lot is well above average for the street and among the larger ones citywide. That opens up options like adding a garage, building a laneway suite or secondary dwelling (subject to municipal rules), expanding the existing footprint, or even subdividing—though you’d need to verify zoning restrictions with the city.
4. Is this a good property for a first-time buyer?
It could be, depending on your expectations. The lower assessed value and below-average interior size keep the price relatively accessible for Winnipeg, and the lot offers room to grow. That said, an older home built in 1961 may require updates to systems, insulation, or finishes, so a home inspection and reserve fund are advisable.
5. How does this home’s age affect its ranking?
At 1961, the house is right on the street average for age, but it’s older than the Westwood neighbourhood average (1966). Citywide, it falls in the middle 57%. That means you’re buying into an older housing stock, which can be a plus if you prefer established construction and mature landscaping, but may also mean more maintenance compared to a newer build.