47 Haliburton Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,405 sqft home sits on an 8,391 sqft lot in Winnipeg’s Westwood area. Built in 1968, it’s the newest home on its street, where most houses date to the mid-1960s. The property’s assessed value of $520,000 ranks in the top 25% on the block and top 7% within the neighbourhood—well above local averages. While the living space is slightly below the street average (1,867 sqft), it’s actually a bit larger than the typical home in the wider community and across the city (both around 1,370 sqft). The lot size is a standout: it’s in the top 10% city-wide, meaning more outdoor space than most Winnipeg properties.
The appeal here is subtle but meaningful. This isn’t the biggest house on the street, but it’s newer, sits on generous land, and has a tax assessment that reflects strong relative value. For someone looking in Westwood, it offers a combination that’s hard to find: a home that’s both one of the newest in the area and one of the most affordable relative to its assessment tier. It would suit buyers who value a solid lot and a well-positioned property over sheer square footage—perhaps a family wanting yard space in a mature neighbourhood, or someone who sees potential in a home that’s already performing well in local comparisons.
Five Possible FAQs
1. How does the living space compare to other homes near this price point?
The 1,405 sqft floor plan is slightly below average for the street but on par with or slightly above similar homes across Westwood and Winnipeg. In a city where the median home size hovers around 1,340 sqft, this property offers more interior space than many comparably valued houses.
2. What does the assessed value tell me about this home?
At $520,000, it’s assessed well above the neighbourhood average of $392,000 and above the street average of $474,000. That suggests the home has been maintained or updated in ways that add perceived value, or that its lot and location command a premium relative to nearby properties.
3. Is a 1968 build considered old for this area?
It’s actually the newest home on its street, where the average build year is 1966. Within Westwood and city-wide, it’s slightly newer than the typical home. For a neighbourhood with many mid-century houses, this one is on the younger side.
4. Why is the lot size a big deal?
With 8,391 sqft, the lot is in the top 10% across Winnipeg. That’s unusual for a property that isn’t among the most expensive in its area. It means more yard space, possibly room for expansion, or simply a greater buffer between neighbors.
5. Who is this house not for?
It’s probably not ideal for someone who needs the largest interior square footage on the block, or who prioritizes a recently built home over a lot with room to grow. Buyers looking for a compact, low-maintenance yard should also look elsewhere—this property’s strength is its land, not its minimalism.