59 Belcourt Bay – Property Summary
Key Characteristics & Profile
This 1,238 sqft home sits on a 5,494 sqft lot in Winnipeg’s Westwood neighbourhood. Built in 1964, it’s a solid mid-century property with an assessed value of $375,000. What stands out is the living area: at 1,238 sqft, it ranks in the top 27% on Belcourt Bay—a notably small street with only 41 comparable homes. However, the land area is where this property differs from its immediate neighbours. It ranks in the bottom 7% on the same street, and bottom 24% within the wider Westwood area. That means the lot is smaller than typical for this pocket of the city, which could be a trade-off for buyers who value square footage inside over yard space. Citywide and neighbourhood rankings for assessed value and year built cluster around the average, so there’s nothing unusual about the pricing or age relative to comparable homes in Winnipeg.
The appeal lies in the indoor space: it offers more living area than most homes on its own street, but on a less generous lot. That combination could suit buyers who want a functional, well-proportioned interior without paying for a large yard they may not need. It’s a realistic option for someone looking for a practical family home, a downsizer who wants single-level or compact upkeep, or an investor seeking a property with above-average interior square footage for the area. The 1964 build also means it’s old enough that some updates are likely expected, which could be a plus for buyers wanting to add sweat equity or modernize gradually without a full gut renovation.
Five Possible FAQs
1. How does the lot size compare to other homes in Westwood?
The land area is 5,494 sqft, which is below the neighbourhood average of about 6,491 sqft. On Belcourt Bay itself, it’s one of the smaller lots—only three other homes are smaller. If you’re looking for a big yard for gardening or kids to run around, this may feel tight compared to nearby properties.
2. Is the assessed value a reliable indicator of the home’s market price?
The city assessment is $375k, which ranks above average on Belcourt Bay but slightly below the Westwood average of $392k. Assessment values can lag behind market conditions, so it’s best used as a baseline, not a firm price. You’d want to look at recent sales of similar-size homes in the area to gauge actual market value.
3. What condition would a 1964 home typically be in?
Homes of this vintage often have original or once-updated mechanicals, windows, and roofing. Without inspection reports, it’s reasonable to assume some systems may be near end-of-life, especially if there’s no record of major renovations. That said, many buyers in this age bracket appreciate solid construction and character details that newer builds sometimes lack.
4. Who would this property be less ideal for?
If you prioritize outdoor space—big gardens, large decks, or room for an RV or shed—the smaller lot might be a drawback. Likewise, if you want a turnkey home with modern finishes and no foreseeable work, a 1964 build may require more attention early on than a newer house would.
5. How does the street compare to the broader city or neighbourhood?
Belcourt Bay is a very short street with only 41 comparable homes, so local rankings are fairly granular. On this street, the property’s main strength is its larger living area; elsewhere in Winnipeg, both living area and assessed value sit around the middle of the pack. For a buyer focused on a specific street or small pocket, the local context matters more than citywide stats.