41 Galinee Bay – Property Summary
Key Characteristics & Buyer Profile
This single-family home in Winnipeg’s Westwood neighbourhood sits on a notably large lot—7,861 square feet, which ranks in the top 12% citywide and top 8% on its street. The living area is 1,203 square feet, slightly below the street and neighbourhood averages, but broadly in line with citywide medians. Built in 1962, the home is older than many nearby properties (the neighbourhood average is 1966), though within the typical range for the street. Its assessed value of $391,000 is above the street average of $377,100, but roughly on par with neighbourhood and citywide benchmarks.
The main draw here is the lot. For buyers who prioritize outdoor space—gardening, expansion potential, or simply room to spread out—this property offers a clear advantage over most others in Westwood and across Winnipeg. The home itself is a solid mid-century build with functional, if unremarkable, square footage. It would suit buyers who are comfortable with an older home in good structural shape, and who see the lot as the primary asset. It may be less appealing to someone seeking a move-in-ready interior or a newer build. Given the above-average assessed value relative to the street, the price likely reflects the land premium rather than the house itself.
Frequently Asked Questions
1. How does this home compare to others on Galinee Bay?
On the street, it has one of the largest lots (ranked 3rd out of 39) and an above-average assessed value. The living area is slightly smaller than the street average, and the year built is consistent with most neighbours.
2. Is the assessed value of $391,000 a reliable indicator of market price?
Assessed value is a government estimate for tax purposes, not a market appraisal. It can lag behind current conditions or differ due to property-specific factors. In this case, above-average assessed value on the street suggests the home is valued competitively, but a professional appraisal or recent comparable sales would give a clearer picture.
3. What does the lot size mean for future renovations or additions?
At nearly 8,000 square feet, the lot is well above average for the area. This offers flexibility for additions, a garage, a shop, or landscaping. However, zoning and setback rules in Westwood will determine what’s actually possible. Checking with the city or a local contractor before making plans is wise.
4. Is the 1962 build a concern for maintenance?
Homes from this era are common in Winnipeg and often have solid construction, but systems like plumbing, electrical, and insulation may need updating. A thorough home inspection would be advisable to identify any deferred maintenance—particularly the roof, foundation, and windows—rather than assuming age alone is a red flag.
5. Who would this property not suit well?
It’s less ideal for buyers seeking a modern open-concept layout, a finished basement with high ceilings, or a low-maintenance yard. The living area is modest, and the lot requires upkeep. If you want a home that’s fully updated with no projects, this may not be the right fit.