Property Summary
Key Characteristics & Buyer Profile
This 660 sqft unit at 5-944 Archibald Street sits in a solid position within its immediate surroundings but falls short by citywide standards. On Archibald Street and in the Windsor Park neighbourhood, it ranks 2nd out of 16 properties—placing it in the top 13% locally, where the average size is 636 sqft. Across Winnipeg, however, the same unit ranks in the bottom 10% (24,285 out of 26,841), with the citywide average at 1,042 sqft.
The assessed value of $140,000 is right around the local average ($138,000) but well below the city median of $256,000. Built in 1962, it’s one of the oldest homes on the street (tied for 1st out of 16) and among the older properties citywide.
The appeal here is straightforward: you’re getting above-average space for the street and neighbourhood at a price that tracks closely with local norms. This isn’t a property that competes on size or value across the whole city—it’s about being a relatively good fit within Windsor Park. It would suit a buyer who values location and local comparables over citywide benchmarks, someone who isn’t looking for a newer build or a large footprint, and who prioritizes being in an established, possibly more affordable pocket of Winnipeg. It could also work for an investor or first-time buyer focused on the neighbourhood’s consistency rather than upside potential.
Frequently Asked Questions
1. How does this property compare to others on Archibald Street?
It’s among the largest on the street (2nd out of 16, top 13%), and its assessed value is very close to the street average. In terms of age, it’s the oldest tied for 1st—meaning most nearby homes are roughly the same vintage.
2. Is the assessed value of $140,000 a fair price?
Locally, yes—it’s almost exactly in line with the neighbourhood average. Citywide, it’s significantly lower than the median, which suggests it’s priced for the area rather than for broad market demand. Whether that’s “fair” depends on whether you’re comparing locally or citywide.
3. Why is the citywide ranking so low for size and value?
Winnipeg’s housing stock is quite varied, and the citywide average for comparable properties is 1,042 sqft and $256,000. At 660 sqft and $140,000, this unit is simply a different tier—smaller and more affordable—which is common for older, more compact homes in established neighbourhoods like Windsor Park.
4. What does the “built in 1962” ranking mean for maintenance or renovations?
A home from 1962 that’s among the oldest on the street likely means original or early-era construction. That can bring character and solid build quality, but it also often means older systems (plumbing, electrical, insulation) that may need updates. Ranking 1st in age locally suggests most neighbours are in the same boat, which sometimes means less pressure to modernize quickly.
5. How does the Windsor Park neighbourhood compare to others in Winnipeg?
Windsor Park tends to be a mid-range, established area with a mix of post-war housing. This property’s local rankings (2nd for size, 11th for value, 1st for age) suggest it’s a strong fit within that context—neither a standout nor an outlier, but positioned comfortably within the neighbourhood’s typical profile.