484 Bedson Street – Property Summary
Key Characteristics & Buyer Profile
This 1,607 sqft home on Bedson Street in Winnipeg’s Westwood neighbourhood ranks among the top 7% for living area on its street and top 25% citywide. The assessed value of $450,000 places it in the top 4% on the street, notably above the street average of $359,200. The lot measures 6,512 sqft, putting it in the top 16% locally. Built in 1967, the home's age is roughly average for the area.
The appeal here is straightforward: you're getting more house and more land than most comparable homes in this part of the city, and the assessed value suggests the market recognizes that. It’s not a flashy listing, but one where the numbers back up the offering—above-average square footage on a generous lot, in a solid postwar neighbourhood without paying a premium for a trendy area. Slightly less obvious is the fact that this type of home often appeals to buyers who want space for a workshop, garden, or future addition, not just a larger living room. It would suit families looking for room to grow, or someone who values quiet outdoor space over a newer build in a denser development. It’s less suited to someone wanting a turnkey modern finish or a low-maintenance property.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The $450,000 assessment is well above the street average of $359,200 and above the neighbourhood average of $392,100. Citywide, it sits in the top 28% for assessed value among comparable homes.
2. What does “Top 7% on the street” actually mean for living area?
It means that out of 122 homes on Bedson Street, this one has the 9th largest living area. The street average is 1,222 sqft, so this home is about 385 sqft larger than typical homes on the same block.
3. Is the land size unusually large for the neighbourhood?
Yes, but not dramatically so. The lot is 6,512 sqft, which is above the street average of 5,651 sqft. However, the neighbourhood average land area is close at 6,491 sqft, so the lot is in the top 28% locally—generous, but not an outlier.
4. How does a 1967 build hold up in this market?
It’s essentially average for the street and neighbourhood, where the typical build year is also 1966. Citywide, it lands near the median. This suggests the area has a stable stock of homes from that era, meaning maintenance expectations are predictable, but renovations or updates may be needed more than on a newer build.
5. How are the rankings and “bars” calculated in the data?
Rankings are based on how this property compares to “comparable homes” within each scope (street, neighbourhood, city). For living area, assessed value, and land size, a higher rank is better. For year built, a newer home earns a better rank. The bar fill shows the share of peers you outperform, and the color tier reflects performance relative to the benchmark—red for lower, blue for higher, amber and gray for mid-range or neutral.