16 Amundsen Bay – Property Summary
Key Characteristics & Profile
This is a 1,333 sqft single-family home built in 1961, sitting on a 5,396 sqft lot in the Westwood neighbourhood of Winnipeg. The assessed value is $318,000.
The property’s main strength is its living space. At 1,333 sqft, it is noticeably larger than most other homes on Amundsen Bay, ranking in the top 14% of the street. Relative to the broader neighbourhood and city, the living area is essentially average.
The trade-off is the lot size and assessed value. The lot is smaller than typical for the street (ranking in the bottom 2%) and below average for the neighbourhood. The assessed value is also below the street and neighbourhood averages, which may reflect the smaller lot or the home's age relative to newer nearby builds.
Appeal & Suitable Buyers:
The appeal is straightforward: more indoor space for the money, in an established area. The below-average assessed value and smaller lot suggest this could be a more affordable entry point into Westwood compared to similar homes on larger parcels. It would suit a buyer who prioritises interior square footage and a practical floor plan over a large yard or a home that fits the neighbourhood’s higher-value profile. It might also appeal to someone looking for a property with some built-in equity potential if lot values in the area appreciate, though that’s speculative. Renovators or first-time buyers who are comfortable with a home that’s solid but not upgraded to neighbourhood standards could find this a practical fit.
Frequently Asked Questions
1. How does the living area compare to other homes in Westwood?
It's very close to the neighbourhood average. The home’s 1,333 sqft is only about 40 sqft less than the Westwood average of 1,372 sqft. It ranks near the middle of the neighbourhood.
2. Why is the assessed value lower than the street and neighbourhood averages?
The assessment likely reflects a combination of two factors: the home is older than many in the area (built in 1961, while the neighbourhood average is 1966), and the lot is significantly smaller than most surrounding properties. Lower assessed value is common for older homes on smaller lots.
3. Is the lot size a major drawback?
It depends on your needs. At 5,396 sqft, the lot is small for Amundsen Bay—only one home on the street has a smaller lot. But it is closer to the citywide average for comparable homes, so it’s not unusually small by broader standards. If you want a large yard or garden space, this may feel tight. If you prefer less exterior maintenance, it could be a benefit.
4. What year was the house built, and is that considered old for the area?
Built in 1961, which matches the average for Amundsen Bay itself. However, it is older than the typical home in Westwood (average 1966) and the citywide average (1966). It’s not unusually old for a 1960s neighbourhood, but it is a bit earlier than many nearby homes.
5. Who is this property not ideal for?
It is likely not the best fit for buyers who want a large lot, a newer home, or a property that already aligns with the higher end of the neighbourhood’s value range. If moving into Westwood and hoping for a home that competes on lot size or modern finishes, this would require compromise or future work.