This is a 1,132 sqft home built in 1961, located at 449 Speers Road in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the lot: 8,998 sqft. That size puts it in the top 3% of lots in the neighbourhood, top 8% citywide, and top 16% on its own street. The home itself is solidly average in terms of living area, age, and assessed value ($365k) relative to comparable homes on the street, in the neighbourhood, and across the city. The appeal here is not in a renovated interior or a trendy address, but in the scarcity of land. For a buyer who values outdoor space—gardening, a shop, room for kids to play, or future expansion potential—this is a rare find in an established, mid-century neighbourhood. It suits someone who sees a house as a base and the yard as the real asset, rather than expecting a move-in-ready showpiece.
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Is this a home that needs renovation?
The listing data doesn’t specify condition, only that it was built in 1961 and is average for its street. Homes of that vintage often need updated mechanicals, windows, or kitchens. It’s worth booking a home inspection to assess the actual state of things rather than assuming it’s either pristine or a total fixer.
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How does the assessed value compare to similar homes nearby?
The assessed value of $365k is almost exactly the average for Speers Road ($365.1k), slightly above the Windsor Park average ($354.2k), and below the citywide average for comparable homes ($390.1k). The lot size is the main factor that might warrant a higher price than the assessment suggests.
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What’s the typical buyer for this property?
Likely someone who wants a detached home on a large lot in a central, established neighbourhood without paying a premium for a fully updated house. It could also work for a gardener, a hobbyist needing yard space, or someone planning a future addition or garage.
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How does the lot size compare to newer subdivisions?
New subdivisions in Winnipeg often feature lots between 3,000 and 5,000 sqft. At nearly 9,000 sqft, this is significantly larger than most standard new builds. It’s more comparable to older inner-ring neighbourhoods where lots were originally laid out more generously.
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What is Windsor Park like as a neighbourhood?
It’s a post-war subdivision with a mix of bungalows and split-levels, mature trees, and proximity to the Red River and local parks. The housing stock is consistent in age, and prices are generally moderate relative to the city. It tends to attract families and long-term residents rather than a fast-moving rental market.