51 Pontiac Bay – Property Summary
Key Characteristics & Appeal
This 1,360 sqft home built in 1968 sits on a 6,089 sqft lot in the Westwood area of Winnipeg. Its standout feature is the build year: on its street, it’s the newest home (ranking 1st out of 28), and within the community it lands in the top 18% for age. The property’s assessed value of $418,000 is notably strong locally—ranking 3rd on the street (top 11%) and above the neighbourhood average. The living space and lot size are both close to median for the area, meaning the home is solidly in the middle range for square footage, but the lot is slightly larger than the city average. The overall picture is a well-maintained, newer-than-average home that holds its value relative to nearby properties. It would suit buyers who prioritize a recently built home in an established neighbourhood—particularly those who want a property that stands out for its condition and assessment without paying a premium for extra square footage. It’s not a “biggest house on the block” scenario, but rather a practical, value-steady choice in a family-friendly area.
Five Possible FAQs
1. How does the property compare to others on the same street?
It’s among the top-rated homes on Pontiac Bay. For living area it ranks 8th out of 28, but for assessed value it’s 3rd, and it’s the newest home on the street. That suggests the home is seen as more desirable or updated than most neighbours.
2. Is the lot size considered small or large for the area?
The lot is 6,089 sqft—very close to the street average of 6,129 sqft and a bit below the community average of 6,491 sqft. City-wide, it’s actually slightly above average (top 29%), so while it’s not oversized for Westwood, it’s still a decent urban lot.
3. Why is the assessed value higher than the neighbourhood average?
The home is newer than most in the area (built 1968 vs. a median of 1966), and its living space is slightly above the street average. Higher assessments often reflect a combination of age, condition, and size. The home’s strong street ranking (3rd) suggests it’s considered one of the more valuable properties on the block.
4. Does this home offer good resale potential?
Probably. Homes that are newer than their neighbours and sit in the top tier of local assessments tend to hold value well. Since the living area and lot size are close to median, it’s not an outlier—so it won’t be hard to price competitively when selling.
5. How does the property compare to others in Winnipeg overall?
On a city-wide scale, the home is near the middle. Living area is top 38%, lot size is top 29%, and assessment is top 34%. That means it’s a very typical home for Winnipeg in most respects, but with a slight edge in land and value. The build year is exactly at the city median (1968 vs. 1966), so it’s not notably old or new by city standards.