Key Characteristics & Target Buyers
This 1,060 sqft home on Canberra Road sits in Winnipeg’s Windsor Park neighbourhood, built in 1960 on a 3,299 sqft lot. Its main appeal is location and value within the immediate street context. On Canberra Road itself, the property ranks in the top 30% for living area and top 19% for assessed value—meaning it’s one of the larger, higher-assessed homes on the block. That’s an advantage for buyers who want solid interior space without exceeding street-level norms.
But zoom out to the wider neighbourhood and city, and the picture shifts. The assessed value ($267,000) falls well below both the Windsor Park average ($354,000) and the Winnipeg average ($390,000). Lot size also runs significantly smaller than the neighbourhood median—3,299 sqft vs. 6,030 sqft. So while the home feels generous on its street, it offers a modest footprint compared to typical single-family homes nearby. The house itself is roughly average in age relative to both the street and neighbourhood.
Who it suits: Buyers who value practicality over prestige. A first-time homeowner or someone downsizing who wants a manageable lot and a home that matches the character of its immediate street—without paying a premium for a larger property or newer construction. Less ideal for someone expecting a sprawling yard or a home that stands out citywide.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
On Canberra Road, the assessed value ($267,000) is above the street average of $253,000, suggesting good relative value. But it’s significantly below the Windsor Park neighbourhood average of $354,000, meaning most homes in the broader area are assessed higher.
2. Is the lot size considered small?
Yes, especially compared to the neighbourhood. At 3,299 sqft, the lot is well below Windsor Park’s average of 6,030 sqft and ranks near the bottom within the community (top 98%). On the street itself, it’s closer to average—so small by area standards, but typical for Canberra Road.
3. How does the living space compare to other Winnipeg homes?
The home’s 1,060 sqft is slightly below the citywide average for comparable homes (1,342 sqft). However, it ranks in the top 30% on its own street, which is the more relevant comparison if you’re focused on the immediate block.
4. What does the “top 19% on the street” ranking for assessed value mean in practice?
It means the property is valued higher than roughly 81% of homes on Canberra Road. That could reflect better condition, recent updates, or simply being a larger home relative to neighbours. Either way, it suggests the home sits on the higher end of the street’s price range.
5. Is this a good entry point for Windsor Park?
Potentially. Windsor Park has a wide range of home sizes and values. This property’s lower assessed value and smaller lot make it more affordable than many neighbourhood listings, but the home itself is solidly sized for the street. It’s a way into the area without paying for a larger property you might not need.