63 Belcourt Bay — Property Summary

Key Characteristics & Buyer Profile

This is a 1,547 sqft home built in 1965 on a 6,111 sqft lot in Winnipeg’s Westwood neighbourhood. The property stands out most on its own street, ranking in the top 10% for living area and top 12% for both land size and year built. Its assessed value of $363,000 is roughly average for the street but slightly below the neighbourhood and city medians — which means the buyer gets more house and lot than typical for the price point.

The appeal here is subtle. It’s not a flashy or oversized property, but it offers genuine breathing room relative to immediate neighbours. The lot is generous by street standards, and the living area is noticeably above the norm for Belcourt Bay. The home’s age (1965) aligns closely with the character of the area — you're not buying into a disjointed mix of eras. For someone who values proportion over prestige, this is a solid fit.

This property would suit buyers who prioritize square footage and outdoor space over a low-maintenance footprint, and who are comfortable with a home that reflects its mid-century origins. It may also appeal to those looking for a property with room to add value through updates, given the assessed value lags behind newer or renovated homes nearby.

Frequently Asked Questions

1. How does this home’s assessed value compare to similar properties in Westwood?
The assessed value is $363,000, which is slightly below the Westwood neighbourhood average of $392,100. On its own street, it ranks around the middle (18th out of 41), meaning it’s not over-assessed relative to neighbours.

2. Is the living area unusually large for this street?
Yes. At 1,547 sqft, it ranks 4th out of 41 homes on Belcourt Bay — that’s in the top 10%. The street average is 1,227 sqft, so this home offers about 26% more interior space than the typical home on the same block.

3. What’s the lot size, and how does it compare city-wide?
The lot is 6,111 sqft. That’s above average for the street (6,095 sqft) and ranks in the top 28% city-wide. It’s also slightly larger than many homes in Westwood, where the average lot is 6,491 sqft — but the gap is narrower at the neighbourhood level.

4. Is this a newer or older home compared to others in the area?
It was built in 1965, which is typical for the neighbourhood (average 1966). On its own street, it’s one of the earlier builds (ranked 5th out of 41), but not unusually old. The home fits comfortably within the established character of Westwood.

5. Why is the assessed value only “around average” despite the larger size?
Assessed value reflects more than just square footage and lot size — it also accounts for condition, updates, and recent sale comparables. A home with more space but fewer renovations or an older interior may appraise lower than a smaller, updated home. In this case, the value is consistent with the street median, suggesting the size advantage hasn’t yet translated into higher valuation, which could signal upside potential after improvements.