Key Characteristics & Appeal
This is a 1,083 sqft home built in 1960, sitting on a 6,594 sqft lot in the Windsor Park area. Its standout feature is the land: the lot is larger than average for the street (top 18%), the neighbourhood (top 20%), and the city overall (top 21%). The living space is slightly above average for the street but fairly typical for the wider area. The assessed value (for property tax purposes) is $338,000, which is below the average for the street and neighbourhood, making it a relatively affordable option within this immediate location.
The main appeal is the combination of a solid, mid-century build and a generous lot. For buyers who prioritise outdoor space——gardening, room for additions, a workshop, or simply more privacy than a standard city lot offers——this property provides a meaningful advantage. The lower-than-average assessed value relative to neighbours also suggests potential for long-term value growth as the area develops or if the property is upgraded. This would suit a buyer who is comfortable with a 1960s home (likely requiring some updating or maintenance) and sees the land as the primary asset, rather than someone looking for a move-in-ready, modern finish. It’s a practical choice for a family, a downsizer wanting a manageable single-level home with yard space, or an investor looking at the site’s potential.
Five Possible FAQs
1. The assessed value is below the street average. Does that mean the property is undervalued, or is there a catch?
Assessed value reflects the municipality’s estimate for tax purposes, not the market value. Being below the street average often indicates a more modest interior condition or smaller living area. It doesn’t necessarily mean it’s a bargain—it means the city’s tax assessment is lower, which can be a bonus for ongoing costs. A buyer should compare recent sale prices for similar homes in the area to gauge real market value.
2. The house was built in 1960. What should I look out for beyond standard inspections?
Homes of this era often have original mechanicals (furnace, electrical panel, plumbing), single-pane windows, and outdated insulation. The foundation and roof are worth a close look. A positive is that mid-century construction is generally solid, but any renovations may not meet modern codes. The good news: the lot size gives you room for a major addition if you choose to invest more long-term.
3. The living area is 1,083 sqft—is that considered small for a family home?
It’s on the smaller side if you need multiple separate rooms for kids, but it’s in line with many post-war bungalows and split-levels. The main question is layout: does it use the space efficiently, and is there a basement? If the basement is unfinished, you’ve got room to grow. For a couple or a small family, it’s perfectly workable.
4. The lot is 6,594 sqft—what are the real possibilities with that?
It’s big enough for a large garden, a detached garage or shed, a play area, or potentially a future secondary suite (subject to zoning). It also gives you clearance from neighbours, which can feel more private than newer subdivisions. But check if there are easements, setbacks, or tree protection bylaws that limit what you can do.
5. How does Windsor Park compare to other Winnipeg neighbourhoods for resale value?
Windsor Park is an established, middle-ring suburb. It’s not a hot new development area, but it’s stable, with mature trees and solid infrastructure. Homes here tend to hold value because the location is practical—close to amenities, schools, and main routes. It’s not luxury, but it’s consistent. The larger lots are becoming more sought after as new builds typically have smaller ones.