66 Pontiac Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,440 sqft home, built in 1965, sits on a 5,670 sqft lot in Winnipeg’s Westwood area. Its living space ranks in the top 21% on Pontiac Bay and top 33% citywide, meaning it offers more interior room than most comparable properties nearby. The assessed value, however, sits below the street and neighbourhood averages—indicating the property may be under-valued relative to its size. The lot size and build year are both close to the norm for the area.
The appeal here is straightforward: you get a larger-than-average house without paying a premium in assessed value. That could mean lower property taxes relative to square footage, and potential for added equity if the valuation catches up over time. It suits buyers who prioritize interior space over lot size or a newer build—families, home office users, or anyone needing room to spread out on a budget. The neighbourhood is established (1960s homes), and the street itself is relatively short, so this is a quieter, tucked-away location rather than a main artery.
Five Possible FAQs
1. Why is the assessed value lower than similar homes on the street?
Assessed values reflect market conditions at a fixed point in time, not current sale prices. This property’s lower assessment could be due to differences in condition, renovations, or interior finishes compared to its neighbours. It’s worth confirming with your agent whether recent upgrades have been made that might not yet be reflected in the assessment.
2. How old are the major systems (roof, furnace, windows)?
The home was built in 1965, but the listing does not specify when key systems were last replaced. A home inspection or a direct question to the seller is recommended—especially for a house of this age, updates can vary widely.
3. Is the lot size considered small or standard for the area?
At 5,670 sqft, it’s slightly below the Pontiac Bay average (6,129 sqft) and the Westwood average (6,491 sqft). It’s not unusually small, but buyers hoping for a large yard or room for additions should keep that in mind.
4. How does this property compare to others in Westwood overall?
It has more living space than about two-thirds of homes in the neighbourhood, but a lower assessed value than roughly 80% of them. That gap is the main reason to take a closer look—it may represent a value opportunity compared to other Westwood listings.
5. Would this be a good investment property?
Possibly, if you’re focused on rental yield rather than land value appreciation. The lower tax burden relative to square footage helps cash flow, and the size would appeal to tenants. But the lot and age suggest slower equity growth than a newer or larger-lot property in a more central location.