Property Summary: 3 Vincent Massey Boulevard, Winnipeg
Key Characteristics & Buyer Profile
This is a 948 sqft home built in 1960 on a 5,771 sqft lot in the Windsor Park neighbourhood. The property's strongest feature is its assessed value of $379,000, which ranks well above average on its street (top 13%) and in the neighbourhood (top 21%). This suggests the home has held or increased in value relative to nearby properties, likely due to updates, condition, or location advantages within the block.
The living area is slightly below the neighbourhood average (1,035 sqft) and well below the citywide average for comparable homes (1,342 sqft), ranking in the bottom 20% citywide. The lot size is around average across all levels—neither a standout strength nor a weakness.
The appeal here lies in value retention and relative affordability within a pocket of the market that appears to be performing above its immediate surroundings. This isn't a home that impresses with square footage or land, but it sits on a street where prices have trended higher, which can matter more for resale than raw size.
This property would suit a first-time buyer or small household prioritizing location and long-term value over space. It may also appeal to someone looking for a house on a solid street in Windsor Park where they can add square footage later through a renovation or addition—though that depends on zoning and feasibility not indicated here.
Five Possible FAQs
1. Is this house small compared to others in Windsor Park?
Yes. At 948 sqft, it's below the neighbourhood average of 1,091 sqft, ranking in the bottom 21% locally and the bottom 20% citywide. It's a compact home by current standards, though it ranks around average for its specific street, where the average is 1,035 sqft.
2. Why is the assessed value relatively high if the house is smaller than average?
Assessed value reflects what the city considers market value, not just size. The property ranks in the top 13% for value on its street and top 21% in the neighbourhood. This could be due to renovations, a desirable lot orientation, or simply that comparable sales in the area have pushed values up for homes on this block.
3. How does the lot size compare?
The lot is 5,771 sqft, which is slightly below the street average (6,029 sqft) and neighbourhood average (6,030 sqft), but still around the middle of the pack citywide. It's not exceptionally small, but it's not a standout feature either.
4. When was the house built, and is that a concern?
Built in 1960, which is average for the street and neighbourhood (both average 1961). It's a bit older than the citywide average for comparable homes (1966). Age alone isn't a red flag, but buyers should expect typical maintenance considerations for a home of this era—like older plumbing, electrical, or insulation unless upgrades have been documented.
5. What kind of buyer would get the most out of this property?
Someone who values street-level value and affordability over raw space. This home offers a strong value position on its block, which may appeal to buyers who plan to stay for a while and build equity, or those who are willing to live in a smaller footprint in exchange for a more affordable entry point in a neighbourhood where values are trending above average on this street.