8 Masefield Place – Property Summary

Key Characteristics & Buyer Profile

This single-family home at 8 Masefield Place offers 1,918 square feet of living space on a 7,357-square-foot lot, built in 1970. Its assessed value is $559,000. The property sits on a street where it’s average in terms of size and age, but it outperforms most homes in the broader Westwood neighbourhood and across Winnipeg.

The main appeal here is value concentration. The home ranks in the top 8% for living area within its neighbourhood and top 4% for assessed value—meaning it’s larger and worth more than nearly all nearby houses. The lot is above-average for the area and city, though it’s on the smaller side compared to others on the same street. That suggests the street has some unusually large properties, while this one still offers more yard space than most homes in Westwood.

This property would suit someone who wants a home that’s already near the top of its local market—both in size and value—rather than a fixer-upper in a transitional area. The 1970 build is typical for the city, but newer than many homes in the neighbourhood, which may appeal to buyers who want something solid but not too dated. It’s not a standout on its street, but that could work in a buyer’s favour: the house may feel like a quiet fit rather than the most expensive or largest on the block.

Frequently Asked Questions

1. How does this property compare to others on Masefield Place?
It’s about average in living area and age, but ranks 3rd out of 9 in assessed value. The lot is smaller than most on the street (8th out of 9). So it’s not the biggest or newest, but it holds its value well relative to neighbours.

2. What makes the Westwood neighbourhood notable for this home?
In Westwood, this property ranks in the top 8% for living area, top 4% for assessed value, and top 6% for newer construction. That’s unusual—most homes don’t score highly across all three metrics at once. It suggests the house is both spacious and competitively valued for the area.

3. Is a 7,357-square-foot lot considered large in Winnipeg?
Yes. Citywide, it ranks in the top 14% among comparable homes. The average lot in Westwood is about 6,500 square feet, so this one is noticeably bigger than what’s typical locally, even if it’s smaller than other lots on its street.

4. How does the year built (1970) affect the home’s outlook?
Homes from the late 1960s and early 1970s are common in Winnipeg, so maintenance norms and renovation patterns are well understood. Being built in 1970 puts it slightly newer than the neighbourhood average (1966), which may mean fewer immediate updates compared to older homes nearby—though that depends on how well it’s been kept.

5. What’s the best way to learn more about this property’s location?
The neighbourhood analysis page includes a map showing nearby houses, with side-by-side comparisons for living area, year built, assessed value, and lot size. It’s a practical tool for seeing how this property fits into the block and the broader area.