74 Hansford Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1964 bungalow in Winnipeg’s Windsor Park neighbourhood with 1,101 sqft of living space on a 5,774 sqft lot. The home is assessed at $329,000.
The property sits in a middle-of-the-road position on most metrics, with a few notable exceptions. Its living area and land size are essentially average for the street and neighbourhood—nothing oversized, nothing cramped. The lot is slightly smaller than the citywide average for comparable homes, but still practical for a standard yard. The year built (1964) is older than most homes on Hansford Road itself, but actually newer than the typical Windsor Park home, meaning this property falls into a sweet spot for neighbourhood character while not being the oldest on the block.
The standout feature here is the assessed value. At $329K, this home is priced well below the street average ($372K) and neighbourhood average ($354K)—it ranks near the bottom on Hansford Road for value. That gap suggests either a property that needs updates, a conservative assessment, or both. For a buyer, this could represent genuine affordability in a street where neighbours are carrying higher valuations.
Who this suits: First-time buyers who want a solid, unflashy entry point into a stable Winnipeg neighbourhood. Also suited to buyers who are handy and willing to invest sweat equity—the low assessment relative to neighbours hints at upside potential after renovations. Not ideal for someone wanting a turnkey home or maximum square footage for the price.
Frequently Asked Questions
1. How does this home compare to others on the street?
On living area and lot size, it’s right around the middle of the pack for Hansford Road (ranked 22nd out of 54 for both). Where it stands out is assessed value—it ranks 53rd out of 54, meaning it’s one of the most affordable homes on the street by a significant margin.
2. Is the assessed value of $329K a fair reflection of market price?
Assessed value and market value aren’t always the same thing, but the fact that this home is $43K below the street average suggests either a more modest interior condition or a conservative City assessment. It’s worth getting a realtor’s comparable market analysis—but the gap alone doesn’t guarantee a bargain, it just flags that this property isn’t carrying extra value from recent upgrades or a premium location within the street.
3. How old is the home, and does that matter for maintenance?
Built in 1964, which is older than average for Hansford Road but newer than most homes in Windsor Park (top 15% for newer construction in the neighbourhood). You’re looking at a 60-year-old house, so systems like HVAC, roofing, windows, and foundation should be inspected carefully. The age itself isn’t a red flag—many 1960s bungalows in Winnipeg are solid—but don’t assume original systems are still functional.
4. Is the lot big enough for a garage or an addition?
At 5,774 sqft, the lot is slightly smaller than the neighbourhood average (6,030 sqft) and the citywide average for comparable homes (6,570 sqft). It’s not a postage stamp, but you’d want to confirm zoning and setback rules before planning a major addition or a detached garage—space is adequate but not generous.
5. How does Windsor Park compare to other Winnipeg neighbourhoods?
Windsor Park is a well-established south-central neighbourhood, mostly post-war single-family homes. It’s not a trendy up-and-coming area, but it offers solid access to schools, parks, and major routes. The property ranks in the top third of neighbourhood homes for living area and newer year built, but bottom third for assessed value—which, again, points to a relatively affordable entry point in a fairly typical middle-class neighbourhood.