10 Pitcairn Place – Property Summary
Key Characteristics & Target Buyer
This is a 1965 home with 1,120 square feet of living space on a 5,248-square-foot lot, currently assessed at $388,000. Its strongest feature is value relative to its immediate surroundings. On its own street, it ranks second out of twelve homes by assessed value, sitting well above the street average of $366,800. Within the Windsor Park neighbourhood, it ranks in the top 15% for value and top 10% for year built—meaning it’s both newer and more expensive than most nearby properties. The lot, however, is on the smaller side for the neighbourhood (bottom 15%), which may appeal to buyers who want a lower-maintenance yard without sacrificing indoor space.
The appeal lies in getting above-average quality at a price that still lands around the citywide average. While the home isn’t large by Winnipeg standards, its assessed value tracks close to the city median, so you’re not overpaying for the neighbourhood premium. This suits buyers who prioritize a solid, well-located home in a stable area over something flashy or oversized. It could work well for a small family, a couple downsizing from a bigger house, or someone who wants to be in Windsor Park without paying the premium for a larger lot.
Frequently Asked Questions
1. How does this home compare to others on its street?
It’s among the top two properties on Pitcairn Place for assessed value, and its living area is slightly above the street average of 1,102 square feet. The lot is below average for the street, but the home itself is solidly competitive.
2. Is the lot size a disadvantage?
It depends on your needs. At 5,248 square feet, it’s smaller than the neighbourhood average of 6,030, but it’s still a typical city lot. If you want more outdoor space for gardening or expansion, you might want to look elsewhere. If you prefer less yard work, this could be a plus.
3. How does the assessed value relate to market price?
Assessed value is not the same as market price, but it’s a useful benchmark. At $388,000, it’s above the neighbourhood average but close to the citywide average for comparable homes. This suggests the pricing is realistic for the area, not inflated.
4. What’s the significance of the year built being 1965?
It’s newer than most homes in Windsor Park (where the average build year is 1961), so you’re getting a slightly more modern structure. That can mean better insulation, electrical, or layout compared to older stock, though it’s still a mid-century home.
5. Who typically buys in Windsor Park?
The neighbourhood attracts a mix of young families, tradespeople, and longtime residents. It’s known for being practical and well-serviced rather than trendy. This particular property might appeal to someone who wants a quieter street with decent value—not the cheapest option, but one where the quality-to-cost ratio is favourable.