Property Summary
Key Characteristics & Appeal
This is a 1,536 sq ft home on a 7,501 sq ft lot, built in 1963, located at 374 Speers Road in Windsor Park, Winnipeg. Its standout feature is living space: it ranks in the top 7% on its street, top 3% in the neighbourhood, and top 28% citywide. The lot is also notably large for the area—top 8% in Windsor Park and top 13% across Winnipeg. The property’s assessed value ($363,000) sits close to local and city averages, and the build year is typical for the street.
The appeal lies in getting more interior space than most homes in the immediate area, on a lot that offers above-average outdoor room without the premium price tag that often comes with top-tier square footage alone. It’s a practical buy for someone who values usable space inside and out but doesn’t need a new build or a trophy location. The home would suit buyers looking for a solid mid-century house in an established neighbourhood—families who want room to grow, people who garden, or anyone planning renovations who wants a good structural footprint at a reasonable entry point.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
It’s essentially in the middle of the pack—right around the average for Speers Road and Windsor Park, and slightly below the citywide average. That suggests the property is priced in line with its immediate neighbours, not overvalued for the area.
2. Is the lot size unusual for this neighbourhood?
Yes, in a good way. While it’s average for the street, it’s well above average for the broader Windsor Park area and the city. That means you get more yard than most homes in the community, which is less common in older urban neighbourhoods.
3. What does “top 3% in the neighbourhood” for living space actually mean?
Out of over 3,300 comparable homes in Windsor Park, only about 110 have more square footage. This house is significantly larger than the neighbourhood average of 1,091 sq ft, so you’re getting a genuinely spacious floor plan for the area.
4. The house was built in 1963—should I expect older mechanicals or layout issues?
It’s typical for the street and neighbourhood, but newer than the citywide median. Many homes from this era have been updated to varying degrees, so it’s worth checking the condition of the furnace, windows, roof, and plumbing. The layout will likely be more compartmentalized than a modern open-concept design.
5. Is this a good investment property or better as a primary residence?
It leans more toward a solid primary residence. The value is steady (assessed close to average), the location is established, and the size is a real asset for living. For an investment, you’d need to look at rental demand in Windsor Park and factor in any updates the property may still need. It’s not a flip candidate unless you can buy below assessed value.