Property Summary: 57 Ericsson Bay, Winnipeg
Key Characteristics & Buyer Profile
This 1,330 sqft home, built in 1963, sits on a 6,105 sqft lot in the Westwood neighbourhood. Its appeal is rooted in value and position. The assessed value of $385k ranks above average on the street (top 27%) and near the neighbourhood median, but the living area is also slightly above the street average. That suggests you’re getting a bit more house for the money relative to immediate neighbours, without pushing above the wider area’s norms.
The standout stat is the land: at the street level, this is a smaller-than-typical lot (bottom 5% on Ericsson Bay). But city-wide, that same lot size ranks in the top 29%. This means the property is on a notably compact parcel for its immediate street, yet still generous compared to most Winnipeg homes. Buyers should consider whether that trade-off—slightly less yard space than neighbouring houses, but a solid interior size and assessed value—aligns with their priorities.
The year built (1963) is one of the older homes on the street (top 10%), though it’s around average for the neighbourhood and city. This could point to original character or potential for updates, depending on the home’s condition.
Who it’s for: Practical buyers looking for a home that doesn’t overreach on price or space, but isn’t undersized either. It suits someone who values being near the top of the street in value and square footage, and who isn’t seeking a large lot. First-time buyers, downsizers, or investors might find the balance appealing. The below-average street-level land might also attract those who prefer lower-maintenance yards in an established area.
Five Possible FAQs
1. How does this property’s lot size compare to others nearby?
On Ericsson Bay itself, it’s one of the smallest lots (ranked 39th out of 41 homes). But across Winnipeg, that same 6,105 sqft lot is larger than about 71% of comparable homes. The discrepancy matters: your immediate neighbours will have more yard space, but you’ll still have a decent-sized lot by city standards.
2. Is the assessed value in line with what I’d expect to pay?
The $385k assessment is above the street average ($373.2k) but slightly below the neighbourhood average ($392.1k). It ranks in the top 38% locally and top 42% city-wide. This suggests a price that’s competitive for the Westwood area, especially given the living area is also above the street norm.
3. How old is the house, and is that a concern?
Built in 1963, it’s older than most homes on its street (only 3 others are older) but right around the average year for Westwood and Winnipeg generally. Age alone isn’t a red flag, but it’s worth checking for updates to major systems like the roof, furnace, windows, and plumbing. The original construction era can also mean good bones and more character than newer builds.
4. Why does the land rank differently at the street level vs. city-wide?
Because the comparison groups are different. On Ericsson Bay, many homes sit on lots around 6,600 sqft or more, so this one falls near the bottom. But once you compare to all Winnipeg homes, 6,105 sqft is actually above average. Essentially, it’s a compact lot in a wide-lot neighbourhood.
5. How does this home’s living area stack up?
At 1,330 sqft, it’s slightly larger than the average home on its street (1,298 sqft) and close to the city-wide average (1,342 sqft). It’s not unusually big or small—it’s a solidly middle-of-the-pack size that fits most standard household needs without excess.