This is a 1974-built, 1,028 sqft home on a 5,996 sqft lot, located at 63 Collingham Bay in Winnipeg’s Westdale neighbourhood. Its appeal is unusual: it’s not flashy in size or lot, but the numbers tell a story of relative value and timing.
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Why is the assessed value higher than the neighbourhood average but close to citywide average?
The home ranks in the top 13% of Westdale for assessed value, meaning it’s priced above many nearby homes. But citywide, it sits near the middle—Winnipeg has a wide range of housing stock, from small starter homes to large family houses. This property is solidly mid-tier citywide, but a strong performer locally.
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Is a 1,028 sqft home too small for a family?
It depends on the family. For a couple, one child, or a couple with a home office, it’s workable. For a larger family, you’d likely run into space limits. The below-average citywide ranking for living area suggests it’s compact compared to the broader market, but it’s typical for Westdale.
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How does the 1974 build year hold up?
Homes from the mid-1970s are common in Winnipeg. They often have solid construction and larger lots than newer infills. Being the newest on the street (top 3%) suggests it may have been updated or better maintained than neighbors—worth checking for renovations, but the year itself isn’t a red flag.
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Is the lot size a drawback or a benefit?
It’s smaller than the street average (5,996 vs. 7,230 sqft) but larger than the neighbourhood average (5,168 sqft). For most buyers, this means a manageable yard without the burden of a huge lot. If you want a big garden or room for a future addition, you might want more land.
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How reliable are these rankings for decision-making?
Rankings are based on assessed value and comparables—useful for understanding relative position, but they don’t reflect subjective factors like layout, condition, or curb appeal. They’re a starting point, not a final verdict. Always visit the property and consider your own priorities.