6 Canberra Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1960-built home with 1,060 square feet of living space on a 3,299 square foot lot. Its strongest feature is the living area, which is above average for similar homes on Canberra Road (ranked in the top 30% on the street). However, the assessed value ($240k) and lot size are both below average compared to the wider Windsor Park neighbourhood and the city of Winnipeg. The lot is notably small for the area—ranking in the bottom 2% of the neighbourhood—which is the property’s most significant trade-off.
The appeal here is for a buyer who prioritizes interior space over outdoor space, or who is comfortable with a compact yard. Because the living area is competitive for the street but the lot is not, this home suits someone looking for a functional floor plan in an established, mid-century neighbourhood without paying a premium for land. It may also appeal to first-time buyers or downsizers who want a manageable, low-maintenance property. The below-average assessment relative to the neighbourhood suggests there could be room for value appreciation through strategic updates, but the small lot limits expansion potential.
Frequently Asked Questions
1. How does the living space compare to other homes in Windsor Park?
It’s right around the neighbourhood average. While it ranks well on its own street, Windsor Park as a whole has a similar average living area (1,091 sqft), so this home is in line with what’s typical for the area.
2. Why is the assessed value so much lower than the neighbourhood average?
The main reason is the small lot size. Windsor Park properties tend to sit on larger parcels (averaging over 6,000 sqft), and assessed value is heavily influenced by land value. This home’s lot is nearly half the neighbourhood average, which pulls the overall assessment down.
3. Is the home old or in need of major repairs?
It was built in 1960, which is typical for Windsor Park (the neighbourhood average is 1961). Mid-century construction is common in the area, so you’d expect similar maintenance considerations as other homes of that era. The age alone doesn’t indicate condition, but you should factor in potential updates to systems, windows, or insulation.
4. How does the lot size affect resale value?
A smaller lot can limit resale appeal to buyers who want outdoor space, garden, or room for extensions. However, it can also be a selling point for those who prefer less upkeep. In a neighbourhood where large lots are the norm, this property will appeal to a narrower buyer pool, which may affect how quickly it sells and at what price.
5. What does the “top 30%” ranking for living area actually mean?
On Canberra Road, this home has a larger living area than about 70% of comparable properties. This is the property’s strongest metric. The rankings are relative within each level (street, neighbourhood, city), so while it performs well on its street, the advantage narrows when compared to the broader neighbourhood and city averages.