276 Speers Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,046 sqft home built in 1960, situated on a 6,596 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $378,000.
The property’s strongest feature is its lot size. While it’s smaller than the average for its immediate street (Speers Road), it ranks in the top 19% within the neighbourhood and top 21% citywide. This means you’re getting more outdoor space than most comparable homes in the area, which is uncommon for a property at this price point. The living area is slightly below city average, and the assessed value sits just below the citywide average of $390,100—though it ranks well within the neighbourhood (top 22%).
The appeal here is pragmatic: a solid, post-war home on a generous lot in a stable, established neighbourhood. It’s not a showpiece, but it offers room to expand, garden, or simply have more private outdoor space than most homes in this bracket. The 1960 construction year is typical for the area, meaning the bones are likely similar to neighbouring homes—nothing unusual to flag, but nothing modern either.
This property would suit buyers who value land over interior square footage and are willing to invest in updates. It’s a natural fit for first-time buyers looking for a starter home with expansion potential, or for someone seeking a single-storey home in a central neighbourhood without the premium of a fully renovated interior. It may also appeal to those who want a manageable yard in a city where larger lots are often attached to older, less efficient homes.
Five Possible FAQs
1. How does the living area compare to other homes in Windsor Park?
It’s around average for the neighbourhood. At 1,046 sqft, this home is slightly smaller than the citywide average for comparable homes (1,342 sqft), but it ranks in the top 53% within Windsor Park. The space is typical for a 1960s bungalow or side-split in this area.
2. Is the assessed value of $378,000 reasonable for this property?
Yes, in context. It sits just below the citywide average of $390,100 for comparable homes, but within the neighbourhood it’s above average—ranking in the top 22%. The assessed value reflects the home’s age and size, with the larger lot likely contributing to the higher neighbourhood rank.
3. What’s the lot like, and what can you do with it?
At 6,596 sqft, the lot is significantly larger than the neighbourhood average of 6,030 sqft and citywide average of 6,570 sqft. It ranks in the top 19% in Windsor Park. That gives you more flexibility for a garden, a play area, or possibly future expansion—subject to zoning. It’s worth noting the lot is smaller than the average for its immediate street, so you may have closer neighbours than some other lots on Speers Road.
4. How old is the home, and does that matter?
It was built in 1960, which is typical for the street and neighbourhood (average build year is also around 1960–1961). Citywide, the average for comparable homes is 1966, so this is slightly older but not unusual. Buyers should budget for updates to systems (electrical, plumbing, insulation) and possibly windows or roofing, depending on what’s been done. The age itself isn’t a red flag—many homes from this era are well-built—but it’s not turnkey without inspection.
5. Who would this home not suit?
It likely wouldn’t appeal to buyers seeking a large, open-concept interior or a move-in-ready home with modern finishes. The living area is compact by current suburban standards, and the 1960s layout may feel dated. Also, if you want a lot that’s oversized even by street standards—rather than just neighbourhood standards—you’d want to look further along Speers Road, where lots average 7,802 sqft.