2 Arundel Road – Property Overview
Key Characteristics & Buyer Profile
This is a 1955-built home with 753 sq ft of living space on a 4,833 sq ft lot. The property is assessed at $299,000. What stands out here is not the size or the lot, but the age. On its street, this house is the oldest—tied for #1 out of 51 homes in terms of build year. That gives it a distinct character relative to its immediate neighbours, which all date from the same year or later.
The appeal lies in its entry-level footprint and lower assessment value. Compared to other homes on Arundel Road, this property sits below average in living area, lot size, and assessed value. In the broader Windsor Park community and across Winnipeg, it ranks in the bottom percentiles for size and value. That means it’s one of the more affordable, compact options in a neighbourhood where most homes are larger and valued higher.
This property would suit a buyer looking for a smaller, older home in an established area—someone who values the character and street context of a mid-century build over square footage or a large yard. It could also appeal to an investor or first-time buyer focused on lower entry cost and potential for gradual upgrades. It’s less suited to someone seeking turnkey space or a standout lot.
Five Possible FAQs
1. Why is the assessed value lower than the street and community averages?
The property’s $299,000 assessment is below the Arundel Road average of $315,000 and well under the Windsor Park average of $354,000. This reflects the smaller living area and lot size compared to other homes in the area. It’s not a sign of poor condition—just a match between size, age, and market comparison.
2. Does being the oldest house on the street mean it needs major repairs?
Not necessarily. Build year is just one factor. A 1955 home can be in excellent condition if maintained well. But older homes often have older systems (plumbing, electrical, insulation), so a home inspection would be wise. The ranking tells you about age relative to neighbours, not condition.
3. How does the lot size affect usability or future renovations?
At 4,833 sq ft, the lot is smaller than most in the area. That limits expansion potential—adding a large addition or a detached garage may be constrained. However, it also means less yard maintenance and a more compact footprint, which some buyers prefer.
4. Is this property a good deal compared to others in Windsor Park?
In pure value terms, yes—it’s priced below the community norm. But “good deal” depends on your needs. You’re paying less for less space and a smaller lot. If you want the cheapest entry into the neighbourhood, this could be it. If you want room to grow, you might outgrow it quickly.
5. What does the ranking system actually mean?
The rankings compare this property to others on the same street, in the same community (Windsor Park), and across Winnipeg. A rank of 39/51 on the street means 38 homes have more living space. A rank of 3,276/3,307 in the community means almost all homes in Windsor Park are larger. The progress bars show where this home falls relative to the average—coloured bars indicate how much it exceeds or falls short.