27 Hansford Road – Property Summary

Key Characteristics & Buyer Profile

This 1,009 sqft home on a 5,039 sqft lot sits in Windsor Park, Winnipeg. Built in 1965, it’s slightly newer than many surrounding homes (ranking in the top 10% within the neighbourhood by build year), though its living space and lot size fall below local averages. The assessed value of $319,000 is noticeably lower than both the street and neighbourhood benchmarks, and it ranks last on Hansford Road in this category.

Where its appeal lies: The clear draw is affordability relative to the immediate area. This property sits at the lower end of the market in both size and assessed value, which could mean a more accessible entry point into a neighbourhood where the median home runs larger and pricier. The relatively newer build year (for the neighbourhood) also suggests less deferred maintenance than some older stock nearby, though that would need verification. It’s not a standout in terms of space or land—so the appeal is pragmatic rather than aspirational.

Who it suits: First-time buyers who prioritize location and monthly costs over square footage. Also, investors or flippers looking for a below-average entry price in an established neighbourhood with potential for incremental improvements. Buyers seeking a spacious lot or generous living area should look elsewhere.

Five Frequently Asked Questions

1. How does this home’s size compare to others nearby?
   The living area is smaller than the average for its street, neighbourhood, and city. The lot is also below average for both the street and Windsor Park as a whole.

2. Why is the assessed value so low compared to the street average?
   The home ranks last out of 54 properties on Hansford Road in assessed value. This likely reflects a combination of smaller size, older finishes or condition, and possibly fewer updates than neighbours. It’s worth noting that assessments don’t always capture recent renovations.

3. Is the 1965 build year a concern?
   It’s relatively average for the city and slightly newer than most homes in Windsor Park, where the typical build year is 1961. That said, major systems (roof, furnace, windows, plumbing) are often due for replacement around the 50-60 year mark. A home inspection would tell you whether any of these have been updated.

4. Does a lower assessed value mean lower property taxes?
   Generally, yes. Property taxes are based on assessed value, so this home likely carries a lighter tax bill than many others on the street and in the neighbourhood. Check the current mill rate and recent tax statements for exact numbers.

5. What does “ranked 46/54 on the street” for living area actually mean?
   Out of 54 properties on Hansford Road, this home is the 46th largest—meaning there are 45 homes with more living space and 8 with less. It’s in the bottom quartile for the street. The same pattern holds true for the wider neighbourhood (2,393 out of 3,307 homes).