Key Characteristics & Appeal
This 1,543 sqft home on Ericsson Bay sits on a 6,693 sqft lot—both figures comfortably above average for its street, neighbourhood, and Winnipeg as a whole. Built in 1962, it’s typical for the street but older than the average home in the Westwood community (where most were built around 1966). The assessed value of $443,000 ranks second on the street (top 5%), well above the street average of $373,000. That’s partly a reflection of the larger living area and lot, not necessarily luxury finishes.
The appeal here is straightforward: you get more space than most nearby homes, on a good-sized lot, in a street where values are strong relative to the wider community. It’s not a new build, and it’s not trying to be. The sort of buyer this suits is someone who prioritises square footage and outdoor space over a modern or trendy interior—someone who’s comfortable with a home that’s solid and well-located but might need updates to match their personal taste. It could also work well for someone looking to get into a stable, established neighbourhood without paying a premium for a fully renovated property.
Five Possible FAQs
1. How does this property compare to others on the street?
It’s the second-highest assessed home on Ericsson Bay. The living area is top 15%, and the lot is above average but not standout—it ranks 11th out of 41. So it’s a strong property on the street, but not the absolute largest in terms of land.
2. Is the assessed value of $443,000 realistic, or is it inflated?
It’s high for the street but not out of line given the larger living area and lot. In the wider Westwood neighbourhood, it’s in the top 17% for assessed value. That suggests the assessment reflects real comparables, not an anomaly. Keep in mind assessments don’t always track market price exactly, but they’re a useful benchmark.
3. What’s the catch with a 1962 build?
It’s not unusually old for this street—most homes were built around the same time. But compared to Westwood overall, it’s older than average (the median in the community is 1966). That means you’re likely looking at original systems or layouts that may need updating. It’s a trade-off: solid construction and established trees, but possibly older wiring, plumbing, or windows.
4. What kind of buyer typically ends up in this area?
Often people who want a stable, mid-century neighbourhood with good lot sizes, not far from amenities, and who aren’t chasing the newest finishes. Families and downsizers both come through—though the 1,543 sqft is more of a solid family size than a downsizer’s compact floor plan. It’s also the kind of home that attracts buyers comfortable doing some renovation themselves.
5. How does the lot size actually feel on the ground?
At 6,693 sqft, it’s bigger than most in Westwood (top 25%) and the city (top 20%). That translates to a noticeable yard—not a sprawling estate, but definitely room for a garden, a playset, or a patio without feeling cramped. On a street where the average is 6,627 sqft, it’s a touch above the norm, so it won’t stand out as unusually large, but it’s not tight either.