20 Barberry Road – Property Summary
Key Characteristics & Buyer Profile
This 864 sqft home sits on a 5,601 sqft lot in Windsor Park, Winnipeg, built in 1958. The property’s living area is below average at every level—street, neighbourhood, and citywide—ranking near the bottom on its own street. However, its assessed value tells a different story: it’s well above average for both the street and neighbourhood, and sits right around the citywide mark. That suggests the value isn’t coming from square footage, but likely from land, condition, location, or recent upgrades.
The lot size is above average for the street, though closer to the neighbourhood and city norms. The home is older than most nearby, but not dramatically so. The tiered ranking system (street, neighbourhood, city) shows that while the house is small for its area, it still holds its value competitively.
This property would suit a buyer who prioritizes location and land over interior space—someone willing to renovate, expand, or simply live in a smaller footprint in an established neighbourhood. It’s less suited for anyone seeking a large, move-in-ready home or a newer build. First-time buyers, downsizers, or investors looking for a property with upside potential in a stable area might find it a good fit.
Frequently Asked Questions
1. Why is the assessed value above average when the living area is below average?
Assessed value considers more than just square footage—lot size, location, condition, and recent sales of comparable homes all factor in. In this case, the land size and street ranking suggest the lot or neighbourhood demand is pulling the value up, even though the house itself is small.
2. How does the home’s age compare to others in the area?
The house was built in 1958, which is slightly older than the neighbourhood average (1961) and the city average (1966). On the street, it’s one of the older homes built. That’s not unusual for Windsor Park, but buyers should budget for maintenance typical of a mid-century home.
3. Is the lot size considered large or small for the area?
At 5,601 sqft, the lot is above average for the street but around average for the neighbourhood and city. It’s not oversized, but it’s not cramped either—enough space for a typical yard without being a standout feature.
4. What does “ranked #3 out of 28 on the street” for assessed value mean in practical terms?
It means only two other homes on Barberry Road have a higher assessed value. That’s a strong indicator that this property is among the most valuable on the block, despite its smaller living area. It likely reflects desirable positioning, upgrades, or land characteristics.
5. Should I expect to pay above or below the citywide average for this type of home?
The assessed value sits around the citywide average, which is common for homes in mature neighbourhoods. However, because the street and neighbourhood values are higher, you may see some premium at sale. It’s not an obvious bargain, but it’s also not overpriced relative to its immediate surroundings.