64 Canberra Road — Property Summary

Key Characteristics & Buyer Profile

This 1,000 sqft home, built in 1960, sits on a 2,994 sqft lot in Windsor Park. Across all four key metrics—living area, lot size, assessed value, and build year—the property consistently falls below average when compared to its street, neighbourhood, and the city of Winnipeg as a whole. The living space is smaller than nearby homes (averaging around 1,085 sqft on Canberra Road), and the lot is notably compact, ranking in the bottom 10% on its own street. The assessed value of $242,000 is close to the street average but significantly lower than the neighbourhood norm of $354,000 and the citywide average of $390,000. The build year is typical for the area.

Where the appeal lies is in its relative affordability. For buyers who want to be in Windsor Park—a well-established central Winnipeg neighbourhood—this property offers a lower entry point compared to many surrounding homes. The modest lot also means less outdoor maintenance, which may appeal to those who prefer a smaller yard or are looking for a property that feels less sprawling. It’s not a house that will impress on paper, but it could be a practical, cost-conscious choice for someone who values location over square footage or lot size. The lower assessed value may also translate to proportionally lower property taxes.

This property would suit first-time buyers looking to get into a stable neighbourhood without overextending, downsizers who want a manageable single-family home, or investors seeking a lower-priced asset in a mid-ranked area. It would not suit buyers looking for space, a large yard, or strong resale positioning based on comparables.

Frequently Asked Questions

1. How does the lot size affect livability or future resale?
A 2,994 sqft lot is below average for both the street and neighbourhood, but it’s still a standard size for a single-family detached home in an older Winnipeg suburb. It limits possibilities for major additions or garage builds, but it may be easier to maintain and could appeal to buyers who don’t want a large yard. Resale may be slower in a market that favours larger lots, but the lower purchase price may offset that.

2. Why is the assessed value so much lower than the neighbourhood average?
The property’s smaller living area and lot size are the main drivers. Windsor Park includes a wide range of home sizes and ages, and this home sits at the lower end of that range. The assessed value reflects the property’s physical characteristics rather than any particular condition issue, though condition can also factor in. Buyers should verify whether recent updates or deferred maintenance have been accounted for in the assessment.

3. Is the 1960 build year a concern?
Not necessarily—the home is typical for the street and neighbourhood, where many houses were built around the same period. Older homes can have outdated systems (plumbing, electrical, insulation), but they often have better quality framing and materials than newer builds. A home inspection is recommended to understand the condition of major systems.

4. How does this property compare to others currently on the market in Windsor Park?
Based on the data provided, this home is smaller than average in both living area and lot size, and its assessed value is lower than most. That likely puts it at a lower price point than many listings in the area. Buyers should look at active listings to see whether the price reflects the size and lot, or whether there’s a premium being asked for other features like updates or location within the neighbourhood.

5. What’s the neighbourhood like, and is it well located?
Windsor Park is a mature, central neighbourhood in Winnipeg, close to the Red River, parks, and major routes like Lagimodiere Boulevard. It has a mix of post-war housing and newer infills, with good access to schools and shopping. The area tends to attract families and long-term residents. While this specific home is on a smaller lot and not in the most desirable part of the street (based on rankings), the broader location is solid for convenience and stability.