37 Galinee Bay – Property Summary
Key Characteristics & Buyer Suitability
This 1,444 sqft home, built in 1963, sits on a 6,607 sqft lot in Winnipeg’s Westwood neighbourhood. Its main appeal is the land – the lot size ranks in the top 20% citywide and top 26% locally, which is unusual for a property of this era. The home itself is one of the older houses on its street (ranked #2 out of 39), but in the broader neighbourhood and city context, its age is typical. The assessed value of $368,000 is slightly below both the street and neighbourhood averages, suggesting a potential value gap relative to newer or more updated homes nearby. The living area sits roughly in line with comparable properties at every level – street, neighbourhood, and city – making it a solidly average floorplan.
The property would suit a buyer who values outdoor space over square footage indoors, and who sees potential in a home with good bones but room for updates. It’s a pragmatic choice for someone looking to get into a stable, middle-of-the-road Winnipeg neighbourhood without paying a premium for a fully renovated home. The combination of a larger-than-average lot and below-average assessment might also appeal to investors or flippers, provided they’re comfortable with the street’s moderate ranking (56th percentile) and the fact that the home’s age means maintenance costs are a near-certainty.
Five Possible FAQs
1. How does this home compare to others on Galinee Bay and in Westwood?
It’s very much a median property in most ways. The lot is larger than average for both the street and neighbourhood, but the home’s living area and assessed value are close to the middle of the pack. The main standout is its age – it’s one of the earliest homes on its street, built before most of its neighbours.
2. What does the lot size mean in practical terms?
At 6,607 sqft, the lot is about 130 sqft above the neighbourhood average and 250 sqft above the citywide average for comparable homes. That extra space isn’t dramatic, but it gives you more breathing room than a typical infill lot and could allow for a future addition or a generous backyard, depending on zoning.
3. Is the assessed value of $368,000 a good deal?
Relative to the street and neighbourhood averages – both over $377,000 – it’s priced below the median. That gap could reflect the home’s age or condition, or it could mean there’s equity potential if you improve the property. It’s not a steal, but it’s on the lower end for the area.
4. Why is the construction year so different from nearby homes?
The home was built in 1963, while the street average is 1962 and the neighbourhood average is 1966. That means it’s part of an earlier wave of development on Galinee Bay, but sits within a neighbourhood that was mostly built a few years later. It’s not unusual, but it does mean systems (plumbing, electrical, foundation) are likely original or close to it.
5. How useful are these rankings and percentiles for deciding?
They give a clear snapshot of where this property sits relative to its peers, but don’t tell you about condition, layout, or recent upgrades. A home in the 20th percentile for lot size citywide is genuinely spacious, but if the house itself is in poor shape, that land advantage may not offset renovation costs. Use the rankings as a starting point, not the final word.