33 Pembroke Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1962-built home on a 5,775 sqft lot, with a living area of 1,059 sqft. What stands out is its assessed value: at $427,000, it ranks in the top 6% on its street and the top 3% across the Windsor Park neighbourhood—significantly above the local average of $354,000. That’s not a price tag; it’s the municipal tax assessment, which means the property holds a relatively high valuation compared to nearby homes.
The living area is slightly below the citywide average (1,342 sqft) but in line with the neighbourhood norm (1,091 sqft). The lot size is close to typical for both the street and the area. Construction year is also average for the city—solid mid-century build, nothing unusually old or new.
Where the appeal lies: It’s not the biggest house or the largest yard, but the elevated assessment suggests either well-maintained finishes, a recent renovation, or a particularly desirable location on the street. Buyers who value stability in a mature neighbourhood—where property values have held up well relative to the surrounding stock—will see the logic here. It’s a home that likely needs fewer surprises than an undervalued fixer-upper.
Who it suits: This property would work well for someone looking for a practical, established home in Windsor Park without paying a premium for square footage they don’t need. It’s also a natural fit for buyers who prefer a property that’s already been brought up to a standard that the market recognises, rather than betting on future improvements.
Frequently Asked Questions
1. Is the $427,000 figure the asking price or the tax assessment?
That’s the assessed value used for property tax calculation, not the sale price. It gives a sense of how the city values the home relative to others, but actual market price may differ.
2. How does the living area compare to other homes in the area?
It’s nearly identical to the Windsor Park average (1,091 sqft) and slightly smaller than the citywide average of 1,342 sqft. On its own street, it’s close to the middle.
3. Is the land size considered small or standard?
At 5,775 sqft, it’s within a normal range for the neighbourhood (average 6,030 sqft) and slightly below the city average. It’s not oversized, but typical for a single-family lot in this part of Winnipeg.
4. Why is the assessed value so much higher than the neighbourhood average?
That’s the standout feature here. Likely reasons include updates to the home, a premium location on the street, or a combination of both. The data doesn’t specify what drives it, but the gap is noticeable.
5. Is a 1962 build a concern for maintenance?
Homes of this era are common in Windsor Park. They can be solidly built, but buyers should always check the condition of major systems (roof, furnace, electrical, windows) regardless of the year. The high assessment may indicate that key updates have already been made.