42 Arundel Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1955 bungalow on a 5,495 sqft lot, located in Windsor Park, Winnipeg. The home itself is compact at 781 sqft, which is smaller than most properties on its street (top 55%), in the neighbourhood (top 97%), and citywide (top 92%). Its assessed value is $309k—around average for the street, but noticeably below the neighbourhood average of $354k and the city average of $390k.
The real standout here is the lot. At 5,495 sqft, it’s above average for Arundel Road (top 20%) and sits on a quiet residential street. The house itself was built in 1955, making it one of the oldest on the street (ranked #1 out of 51), which often appeals to buyers looking for a home with solid original construction and room to renovate or expand.
This property suits buyers who are comfortable with a smaller living space and prioritize a good-sized lot over a finished interior. It’s a strong candidate for someone looking to renovate, add square footage, or invest in a property where the land holds more value than the house. It’s less suited for someone seeking a move-in ready home with a modern layout or a large open floor plan.
Frequently Asked Questions
1. Why is the assessed value so much lower than the neighbourhood average?
The home’s smaller living area (781 sqft) is a major factor. Assessed value reflects both the house and the land. While the lot is decent, the house itself is smaller than most nearby homes, which pulls the overall assessment down.
2. Is this a good property for a renovation or addition?
It could be. The lot is above average for the street, so there is room to work with. That said, the home was built in 1955, so any substantial renovation should include a thorough inspection of the foundation, electrical, and plumbing. Zoning rules would need to be checked before planning an addition.
3. How does the lot compare to other lots in Windsor Park?
It’s below average for the neighbourhood—5,495 sqft vs. the neighbourhood average of 6,030 sqft. But within Arundel Road itself, it’s in the top 20%, so it’s on the larger side for the immediate street.
4. Does being one of the oldest houses on the street add or subtract value?
It goes both ways. Older homes built in the 1950s often have higher-quality materials and better construction than some newer builds, but they also come with older mechanicals. This one is ranked #1 for age on its street, which could appeal to buyers who want a property with character or a solid shell to update.
5. What kind of buyer typically looks at a property like this?
Often, it’s someone who wants to live in Windsor Park but can’t afford a larger or fully renovated home in the area. It also attracts investors or handy homeowners who plan to update the interior and either resell or live in it long-term. It’s less likely to appeal to someone looking for a turnkey family home with modern amenities.