1. Property Overview: Key Characteristics & Buyer Profile
This is a 1,050 sqft home built in 1962, sitting on a 6,267 sqft lot in the Windsor Park area. Its strongest feature is the lot size. On its street, it ranks in the top 14% for lot dimensions, and it’s comfortably above average both within the neighborhood and citywide. This makes the property unusually good for someone who wants more outdoor space than the typical home in this price range offers.
The assessed value is $350,000, which is slightly below the street average ($365.6k) and well below the citywide average for comparable homes ($390.1k). The living area is close to the neighborhood average but a bit tight compared to the citywide average (1,342 sqft). In short, you’re getting a solidly built home from the early ’60s with a generous yard at a below-average valuation for its urban context.
This property suits a buyer who values land over square footage—someone willing to work with a slightly smaller interior in exchange for a large, private lot. It’s a natural fit for those interested in gardening, adding a garage or shop, or even future infill development, provided local zoning allows. It could also appeal to a first-time buyer looking for a lower entry point in a neighbourhood that ranks around the middle across most metrics, rather than a premium location.
2. Five Possible FAQs
Q: How does the lot size compare to other homes in the area?
A: The 6,267 sqft lot is the standout feature. On this street, it’s in the top 14%, meaning only about 7 other properties have a larger lot. Compared to the Windsor Park neighborhood average (6,030 sqft), it’s slightly bigger, and it beats the citywide average for comparable homes (6,570 sqft) by a moderate margin.
Q: The interior is 1,050 sqft. Is that small for this neighborhood?
A: It’s right around the neighborhood average of 1,091 sqft, so it’s typical for Windsor Park. It’s a bit smaller than the street average (1,182 sqft) and the citywide average (1,342 sqft). If you need a lot of indoor space immediately, this may feel snug, but the lot offers room to expand if you do future additions.
Q: Why is the assessed value ($350k) lower than the street and city averages?
A: It’s assessed below the street average ($365.6k) and citywide average ($390.1k). Part of the reason is the living area is on the smaller side. But it’s also worth noting that the assessment reflects the property’s condition, age, and specific features—not just lot size. Buyers should view the lower assessment as either a value opportunity or a signal to check for needed updates, depending on their inspection.
Q: The house was built in 1962. What does that mean in practical terms?
A: It’s older than the citywide average build year (1966) but totally typical for Windsor Park, where the average is 1961. On this street, it’s right in the middle. A 1962 build likely means original mechanicals, windows, and roof may need attention unless already updated. The upside is that homes from this era often have solid construction, simpler layouts, and no modern over-improvements that jack up the price.
Q: How does this property rank against others in Winnipeg overall?
A: In terms of lot size, it’s in the top 26% citywide—strong. For living area, it’s in the top 67%, which is average. And for assessed value, it’s in the top 54%, meaning it’s slightly less expensive than many comparable homes. The rankings show a property that excels in one area (land) while being modest or typical in others, which is an uncommon combination.