This is a 1961-built home on a 5,355 sqft lot, with 960 sqft of living space. Its assessed value is $331,000. The property sits below average in living area and lot size compared to others on Maywood Road and within the Windsor Park neighbourhood. Its assessed value is also below the street and community averages, though closer to the citywide median.
The appeal here is rooted in practicality rather than standout features. This is a property that suits buyers focused on entry-level pricing or a smaller footprint in an established neighbourhood. The home’s construction year is slightly ahead of the city average, which can sometimes mean fewer major structural surprises than a much older house, but this isn’t a recently built or renovated property. The lot, while smaller than typical for the area, still offers outdoor space without the maintenance burden of a larger yard. This would likely suit a first-time buyer, a downsizer prioritising location over square footage, or someone willing to invest in cosmetic updates rather than paying a premium for a move-in-ready home.
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How does this property’s size compare to others nearby?
At 960 sqft, the living area is smaller than average for Maywood Road (1,042 sqft), for Windsor Park (1,091 sqft), and for Winnipeg overall (1,342 sqft). Similarly, the 5,355 sqft lot is below the street and neighbourhood averages, but closer to the citywide median.
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Is the assessed value a good indication of market price?
The assessed value of $331,000 is below the street average of $359,000 and the neighbourhood average of $354,000, but it’s closer to the citywide average of $390,000. While assessment is a useful reference, current market conditions and the home’s condition will ultimately determine the sale price.
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How old is the home, and does that affect its condition?
The home was built in 1961. This is newer than the average home on Maywood Road and in Windsor Park (both also 1961, but this property ranks in the top 21% of the street for newer construction). Compared to the city average of 1966, it’s roughly average. Age alone doesn’t dictate condition, but a home from this era may have original systems or finishes that could need updating.
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Is a smaller lot a disadvantage?
It depends on your priorities. A 5,355 sqft lot demands less landscaping and upkeep than larger properties in the area. For buyers who prefer a manageable outdoor space or aren’t looking for a large garden, this could be an advantage rather than a drawback.
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Who typically buys homes in Windsor Park?
Windsor Park is a well-established neighbourhood with a mix of long-term residents and new buyers. Properties like this one often appeal to first-time homebuyers, retirees looking to simplify, or investors seeking a lower-cost entry into a stable area. The neighbourhood’s amenities and proximity to services are typically more important to these buyers than having the largest house on the street.