73 Howden Road – Property Summary
Key Characteristics & Buyer Fit
This is a 946 sqft home built in 1972 on a 5,451 sqft lot in Winnipeg's Windsor Park neighbourhood. Its assessed value sits at $364,000.
What stands out here is the age of the home relative to its surroundings. Built in 1972, it's newer than most homes on the street (ranked 8th out of 58) and significantly newer than the neighbourhood average, where it lands in the top 3% for year built. For buyers who want a home that isn't a full renovation project but still has decades of character, this is a meaningful advantage.
The property's assessed value is around average across all three comparison levels—street, neighbourhood, and citywide. That suggests the pricing is in line with expectations, neither a bargain nor overvalued relative to its peers.
The living area and lot size are below average, however. At 946 sqft, it's smaller than the street average of 1,053 sqft and the Windsor Park neighbourhood average of 1,091 sqft. The lot is also modest, ranking near the bottom on the street (49th out of 58) and below average in the neighbourhood. This is not a home for someone needing generous indoor or outdoor space.
Where the appeal lies: The home is likely solid and well-maintained for its age, located in a stable, established neighbourhood. Its newer construction relative to neighbours means fewer immediate structural concerns than a 1960s property might carry. Buyers get a home that's been part of the community for over 50 years, with no need to guess at vintage wiring or original plumbing from a bygone decade.
Best suited for: First-time buyers, downsizers, or small families who prioritize a move-in-ready home in a mature neighbourhood over square footage or a large yard. Also suitable for investors looking for a modest rental with stable assessed value in a middle-tier market. Not ideal for those wanting room to grow, large garden space, or a property that stands out for its size.
Frequently Asked Questions
1. How does the property compare to others in Windsor Park overall?
It's a mixed profile. The year built is a standout strength—top 3% in the neighbourhood. Assessed value is around average. Living area and lot size are below average. It's not a top performer across the board, but the newer construction is a genuine differentiator.
2. Is the assessed value of $364,000 a fair estimate for this home?
Yes. It ranks 24th out of 58 on the street (top 41%) and 1,263 out of 3,307 in the neighbourhood (top 38%). Both are "around average" rankings, with the street average at $358,800 and the neighbourhood average at $354,200. The citywide average for comparable homes is $390,100, so this property sits slightly below that. The assessment aligns closely with its immediate peers.
3. Why is the lot size ranked so low if it's 5,451 sqft?
Because the street average is 5,855 sqft, and the neighbourhood average is 6,030 sqft. In Windsor Park, many properties sit on larger lots. The home's lot is not unusually small, but it's below typical for this area. Citywide, it falls around average (top 45%), so it's not a tiny lot by Winnipeg standards—just modest within its own neighbourhood.
4. What are the main trade-offs a buyer should consider?
The primary trade-off is newer home vs. smaller space. You get a property built in 1972 (ranked elite in the neighbourhood) rather than the 1961 average, which likely means better insulation, updated systems, and less deferred maintenance. But you also get a 946 sqft living area and a 5,451 sqft lot, both below average. If you value not having to renovate, that's the draw. If you need more room, you'll be paying for square footage elsewhere.
5. Is this a good investment property?
Potentially, yes. The assessed value is stable and around average, meaning it's not overpriced for the area. The home's newer age reduces the risk of major capital expenses compared to older neighbours. However, the smaller living area and lot size may limit rental income compared to larger properties in the same neighbourhood. It could work well for long-term hold in a steady market, but not as a high-yield flip.