Key Characteristics & Buyer Profile
This is a 1,383-square-foot home on a 6,034-square-foot lot, built in 1961, located at 46 Amundsen Bay in the Westwood area. Its standout feature is the living space: at 1,383 sqft, it ranks 5th out of 43 homes on the same street (top 12%) and sits above the street average of 1,184 sqft. It's also slightly above the neighbourhood and city averages.
The assessed value of $346,000 is close to the street average of $339,000, but significantly below both the Westwood average ($392,000) and the city average ($390,000). The lot size (6,034 sqft) is right around the street and neighbourhood averages, and slightly above the city average. The home was built in 1961, consistent with the street average but older than the neighbourhood and city averages (both 1966).
The appeal here is more interior space for the money. You're getting one of the larger homes on the block, with an assessed value that’s well below the typical price for Westwood and Winnipeg as a whole. The lot is a solid, average size—nothing oversized, but not cramped either. The trade-off is the age: this is an older build that is likely original or needs updating, and its assessed value reflects that.
This property would suit a buyer who prioritizes square footage and value over a move-in-ready, modernized finish. It's a strong candidate for someone willing to invest in renovations or updates, knowing the bones (good-sized house on a typical lot) are already there for less upfront cost. It's less suited for someone wanting a newer, turnkey home or a large, deep lot.
FAQs
1. The assessed value is lower than the neighbourhood average—does that mean it's priced to sell?
Not necessarily. Assessed value is used for tax purposes and may not reflect the current market value, especially in a hot market. The low assessment relative to Westwood suggests the home has below-average updates or condition. A low assessment can indicate a lower entry price, but it doesn’t guarantee a bargain—it often means the home needs work that the next owner will pay for.
2. The house was built in 1961. What should I be aware of with a home this age?
Expect systems (plumbing, electrical, HVAC) that may be original or near the end of their lifespan. The foundation, windows, and insulation may also be dated. Buyers should budget for potential upgrades, especially if the home hasn’t been recently renovated. On the plus side, older homes in this era often have solid construction and more character than newer builds.
3. How does the lot size compare to typical Westwood homes?
The lot is 6,034 sqft—right in line with the street and neighbourhood averages (around 6,170 and 6,491 sqft, respectively) and slightly above the city average. It's a standard suburban lot for this area. If you're hoping for a large backyard or a deep lot, this is average, not a standout.
4. Is the ranking data reliable for making an offer?
The rankings are based on tax assessment and MLS data pooled by a third-party analytics site. They’re useful for context but have limitations. Rankings can shift as new listings come on the market, and the data may not account for recent renovations or unique features. Use them as a rough guide, not a definitive value.
5. What kind of buyer typically ends up with a home like this?
It appeals most to buyers who are handy, first-time owners, or investors looking for a larger-than-average floor plan at a lower-than-average price point. The house is likely a fixer-upper or needs cosmetic updates. It’s less likely to attract someone seeking a fully updated, contemporary home without further investment.