12 Canberra Road, Winnipeg – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1960 on a 3,299 sqft lot, with an assessed value of $238,000. What stands out is how the property compares across different scopes. On its own street, the living area is below average (ranked 51 out of 69 homes). But at the neighbourhood and city levels, it sits roughly in the middle—neither small nor large for Windsor Park or Winnipeg overall.
The lot tells a similar story: smaller than most in the neighbourhood (where the average is 6,030 sqft) but not unusual for its immediate street. The assessed value is notably low for the area—ranking near the bottom of Windsor Park—which may reflect the smaller lot size or other factors not shown here. The year built is consistent with the surrounding homes, so the property fits in age-wise.
Where the appeal lies: This is a home that doesn’t stand out as exceptional in any single metric, but that can be a strength for the right buyer. It’s modest, average in many ways, and priced accordingly. The low assessed value relative to the neighbourhood could mean lower property taxes than nearby homes, which is an often-overlooked advantage.
Who it suits: First-time buyers looking for an entry point into Windsor Park without paying a premium for a larger lot or updated finishes. Also, buyers who prioritize being on a street where the home is not the most expensive on the block—this can offer better long-term value retention. It’s less suitable for someone seeking a standout feature like a big yard or a recently renovated property.
Five Possible FAQs
1. Why is the assessed value so much lower than the neighbourhood average?
The assessed value of $238k is well below the Windsor Park average of $354k. This is likely tied to the smaller-than-average lot size (3,299 sqft vs. 6,030 sqft in the area). Value assessments factor in land size heavily, so a compact lot can pull the number down even if the house itself is in decent shape.
2. How does the living area compare to other homes on the market?
At 1,040 sqft, it’s slightly smaller than the average on Canberra Road (1,085 sqft) and noticeably smaller than the citywide average for comparable homes (1,342 sqft). It’s not unusually tiny, but it’s on the compact end—fine for a couple or small family, less so for someone needing extra rooms.
3. Is a 1960s home likely to have original fixtures?
It could go either way. The year built is typical for the street and neighbourhood, but the data doesn’t say whether renovations have been done. Buyers should expect that some systems (plumbing, electrical, windows) may be original or nearing the end of their lifespan. A thorough home inspection is advised.
4. How do the rankings actually work?
The rankings compare this property against “comparable homes” in the same scope (street, neighbourhood, or city). A higher rank number means the property is outperformed by more homes. For example, being ranked 51 out of 69 on the street means 50 homes have a larger living area. The fill bar shows roughly what share of peers you beat—so a shorter bar means fewer homes are smaller or less valuable.
5. What does “around average” really mean for the year built?
It means the 1960 build year is very close to the median for the street (1960), neighbourhood (1961), and city (1966). So the property isn’t notably old or new—it’s right in line with the typical home in these areas. That can be a neutral factor, but it also means the home may not have modern design features like open layouts or higher ceilings.