30 Canberra Road

Here is a clean, standalone summary of the property at 30 Canberra Road, organized into two main sections.

Property Overview: Key Characteristics & Buyer Profile

This is a 1,059 sq. ft. bungalow built in 1960 on a 3,300 sq. ft. lot. Its main appeal lies in its strong value proposition relative to the immediate street, rather than the wider city. On Canberra Road, the home ranks in the top 22% for assessed value, suggesting it is one of the more substantial or well-maintained properties on the block. The living area is also slightly above the street average, making it a solid fit for someone who wants a home that compares favorably to its direct neighbours.

However, the numbers shift when you zoom out. The land and living area are both well below the averages for the broader Windsor Park neighbourhood and the city of Winnipeg. The assessed value is similarly lower than the neighbourhood median. This property would likely suit a buyer who prioritizes location and a manageable footprint over square footage or a large lot. It is a practical choice for a first-time buyer, a downsizer, or an investor looking for an entry point into a stable, older area. The 1960 build date is very typical for the street and the neighbourhood, meaning maintenance is a factor, but the home is also part of a well-established housing stock.

Five Frequently Asked Questions (FAQs)

1. How does the lot size compare to other homes in the neighbourhood?
This home sits on 3,300 sq. ft. of land. While that is slightly above average for the immediate street, it is significantly smaller than the typical lot in Windsor Park, where the average is over 6,000 sq. ft. If you are used to larger yards common in other parts of the city, this will feel compact.

2. Is the house small for the area, and does that affect resale value?
Yes, the 1,059 sq. ft. living area is below the citywide average for comparable homes. On the street itself, it is right around average, but in the wider neighbourhood, it ranks in the bottom half for size. This doesn’t necessarily hurt value, but it does mean the home appeals to a narrower group of buyers who are happy with a smaller footprint, often because they prioritize price or location over space.

3. Why is the assessed value high on the street but low for the neighbourhood?
The assessed value is a strong point on Canberra Road, ranking in the top 22%. This likely means the home is in better condition or has interior upgrades compared to other houses on the same street. However, the overall assessed value of $265,000 is still lower than the neighbourhood average of $354,200. This is largely driven by the smaller land and living area, which pull the absolute value down, even if the home is a relative standout on its own block.

4. What does “Top 35%” for living area on the street actually mean?
It means that out of 69 comparable homes on Canberra Road, this property has a larger living area than 65% of them. In practical terms, this places it above the median for the street. It is a stronger-than-average size for its immediate surroundings, but far from the largest home on the block.

5. Should the 1960 build year worry me?
Not necessarily, but it is worth paying attention to. The year built is very typical for the street and the neighbourhood. Homes from this era are generally solidly built, but they often need updates to plumbing, electrical, insulation, and windows. A house that ranks well for assessed value on the street may already have had these updates, so a proper home inspection is key to understanding the true condition behind the numbers.