10 Pontiac Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,238 sqft home built in 1965 on a 5,775 sqft lot in Winnipeg’s Westwood neighbourhood. Its assessed value sits at $346,000, which is below the street and neighborhood average, but close to the citywide median. The living area is on par with nearby homes and the city average, while the lot size is slightly smaller than the street median but still competitive citywide.
The main appeal here is entry-level affordability within a stable, mid-century neighbourhood. The below-average assessed value relative to the area suggests potential value for a buyer looking to get into Westwood without paying a premium. It suits first-time buyers, small families, or investors prioritizing a reasonable price point over a larger or newer home. The property doesn’t stand out in any single metric—it’s consistent and conventional, which can be a strength for someone who wants a straightforward, no-surprises purchase in an established part of Winnipeg.
Frequently Asked Questions (FAQs)
1. How does the assessed value compare to similar homes nearby?
The assessed value is below both the street average ($373.4k) and the neighborhood average ($392.1k), ranking in the bottom quarter of comparable homes on Pontiac Bay and the bottom 28% within Westwood. This indicates it’s priced lower than many nearby options, but it aligns closely with the citywide median.
2. Is the lot size considered small or generous for the area?
At 5,775 sqft, the lot is slightly smaller than the street average (6,129 sqft) and the neighborhood average (6,491 sqft). However, it ranks in the top 37% citywide, meaning it’s still larger than many lots across Winnipeg. It’s a mid-sized urban lot—not cramped, but not oversized for Westwood.
3. What does the “year built” data really tell me?
Built in 1965, the home is around the median age for the street, neighbourhood, and city. There’s no standout vintage—this is a typical mid-1960s build. Buyers should expect the usual maintenance considerations for a home of this era (e.g., older mechanicals, windows, or insulation) but also the solid construction common in that period.
4. How does this property rank overall compared to others in Westwood?
It ranks in the top 50-72% across most metrics locally. The living area and lot size are around average, while the assessed value is below average. This puts it as a more affordable option within the neighbourhood, not a top-tier home by size or value, but not an outlier either.
5. What type of buyer would find this home a good fit?
It’s most suitable for someone who wants to live in Westwood without stretching their budget. The balanced metrics suggest a functional, livable home rather than a showpiece. Buyers who value consistency and lower upfront costs over square footage or lot size will find it practical. It may also appeal to those planning modest renovations to build equity over time.