Here is a clean, standalone summary of the property at 50 Heather Road, organized into two sections.
1. Key Characteristics & Buyer Profile
The home at 50 Heather Road is a 1962 bungalow with 968 square feet of living space on a 6,169-square-foot lot. Its real story is one of value versus size.
The property’s main appeal lies in its assessed value. On its street and in the Windsor Park neighbourhood, it ranks in the top 11% and 15% for assessed value, respectively. This means the market currently values it significantly higher than nearby homes of similar size and age, which average around $330k to $354k. The lot is also slightly larger than the street average (5,358 sqft) and ranks well citywide for size.
However, the living area—968 sqft—is below average compared to homes on the same street, in the neighbourhood, and across Winnipeg. Buyers should expect a compact floor plan. The house is also slightly newer than most of its immediate neighbours, though it fits the 1960s character of the area.
This property would best suit a buyer looking for strong underlying land value and a home that has already been factored into a higher assessment tier. It is less suited for someone who needs maximum square footage for their dollar. The appeal is less about the interior space and more about owning a well-valued asset on a good-sized lot in a stable neighbourhood.
2. Five Possible FAQs
1. How does the living space compare to other homes in the area?
The 968 sqft is below the street average of 1,042 sqft and well below the citywide average for comparable homes, which sits at 1,342 sqft. It ranks in the bottom 20% on the street and bottom 23% citywide. If you need generous living space, this will feel compact.
2. Why is the assessed value so high if the house is small?
The market values the combination of the property’s age (1962) and its larger-than-average lot size more than the square footage alone. On Heather Road, the average assessed value is $330.5k, and this home ranks in the top 11%. Buyers here are paying a premium for the lot and the location within Windsor Park, not just the house itself.
3. Is the lot large enough for expansion or a garage addition?
At 6,169 sqft, the lot is slightly larger than the neighbourhood average (6,030 sqft) and ranks in the top 27% citywide. While not oversized, it offers more space than the typical 5,358 sqft lot on the street. This provides reasonable room for a potential addition or a detached garage, subject to local zoning.
4. How does the age of this property affect its overall value?
Built in 1962, it is slightly newer than most homes on Heather Road (average build year 1961) and in Windsor Park. This puts it in a solid, post-war housing stock category. The age is not a standout disadvantage here, but buyers should budget for aging systems typical of a 60-year-old home.
5. What is the main trade-off with buying this home?
The primary trade-off is paying an above-average price for a below-average amount of living space. You are paying for a stronger asset and lot value rather than a large interior. This works well for investors or owners who value land and location, but it may feel like a high price per square foot for someone simply looking for a roomy family home.