50 Bering Avenue – Property Summary
Key Characteristics & Who It Suits
This is a 1,725 sqft bungalow built in 1964, on a 5,510 sqft lot in Westwood, Winnipeg. Its standout feature is assessed value: it ranks #1 on its street and in the top 4% locally, suggesting a well-maintained or updated home with strong curb appeal relative to neighbours. The living area is generous—top 8% on the street and top 13% in the neighbourhood—so interior space is a clear selling point. The lot, however, is one of the smallest on the street (bottom 4%), which trades yard space for a more manageable footprint. The home’s appeal lies in its size and value positioning: you get a larger-than-average floor plan in a neighbourhood where many comparable homes are slightly newer but significantly smaller. It suits buyers who prioritise interior square footage and a solid asset over a big yard—especially families or downsizers who want room to spread out without the upkeep of a sprawling lot. It’s less ideal for gardeners, dog owners, or anyone needing outdoor space for recreation.
Five Frequently Asked Questions
1. Why is the assessed value so high compared to other homes on the street, if the lot is small?
Assessed value considers both the structure and the land. Here, the living area is above average and the condition or finish likely exceeds neighbourhood norms. A smaller lot typically lowers value, so the high assessment suggests the house itself has been well invested in—renovations, up-to-date systems, or quality finishes can push the number up even on a compact plot.
2. The land area ranks low on the street but “around average” citywide—what does that mean practically?
It means the lots on Bering Avenue are unusually large for Winnipeg. This property’s lot is actually typical for the city overall (top 42%), but it’s small relative to its immediate neighbours. You’ll have less mowing and less privacy from side neighbours, but your yard is still comparable to many suburban lots across Winnipeg.
3. The year built is 1964—does that imply outdated construction or opportunity?
Homes from the mid-60s are generally solidly built, with quality lumber and often simpler layouts. The ranking (top 46% on the street) shows this is a typical vintage for the area. The upside is that mechanical systems, windows, and insulation tend to be original or only partially updated by now—so factor in either a renovation budget or confirm recent upgrades. The downside is minimal if the house has been well cared for, but don’t assume it’s move-in ready without an inspection.
4. How does this home compare to newer infill builds in Westwood?
It won’t match the energy efficiency or open-concept layouts of a new build, but it offers nearly 400 more square feet than the neighbourhood average, often at a lower purchase price. You’re trading modern finishes for space and a street with mature trees and established neighbours—worth considering if square footage and character matter more than a brand-new kitchen.
5. If the lot is small, will resale be harder?
Not necessarily, but it narrows the buyer pool. Families wanting a big yard or potential for a future addition may look elsewhere. However, buyers who value interior space and lower maintenance will find it appealing. The strong assessed value suggests the market already sees the house as a good asset—just be realistic that the land isn’t an expansion play.