Here is a clean, standalone summary of the property, written in a natural tone.
Key Characteristics & Ideal Buyer Profile
This property is a 1961-built home with 1,059 sq. ft. of living space on a 2,958 sq. ft. lot. Its standout feature isn’t size or luxury, but rather its position as the oldest home on its street (ranked 1/69). This suggests it may have original character, solid post-war construction, or the potential for a renovation project that lets you put your own stamp on a well-established block.
The appeal lies in affordability and location value. While the home’s assessed value is very competitive (ranking in the bottom 3% of its wider community and below the city average), the living space is remarkably close to the neighborhood average. You’re getting a realistic amount of interior room without paying the premium for a large yard—the lot is notably smaller than most in Windsor Park (ranking in the bottom 1% of the community). This trade-off makes the property ideal for buyers who prioritize a manageable, low-maintenance outdoor space and a reasonable entry price over land speculation. It would particularly suit first-time buyers, downsizers, or investors looking for a solid footprint in a mature neighborhood without the cost of a sprawling site.
Frequently Asked Questions
1. The lot is small. Will that make the property hard to sell later?
Not necessarily. While yard space is a priority for some, a smaller lot often appeals to a growing segment of buyers who want less upkeep, which can actually create a strong resale market. It also typically means lower property taxes. The key is that the home itself is appropriately sized for the lot, so it doesn’t feel cramped.
2. How much work might an older home like this need?
Being the oldest on the street (1961) doesn't automatically mean it’s in poor condition—it could have been well-maintained or recently updated. However, compared to newer neighboring homes, you should budget for potential system replacements (roof, furnace, windows) and check for original finishes like knob-and-tube wiring or single-pane windows. It’s best to get a thorough inspection focused on these aging systems.
3. How do property taxes compare to similar homes?
Very favorably. The property's assessment sits well below the community average ($353,000) and the city average ($390,000), landing close to $259,000. This translates directly into lower annual property taxes, which is a significant ongoing savings compared to most homes in the Windsor Park area.
4. Is this a “starter home,” or can I stay long-term?
It depends on your needs. For a couple or small family, 1,059 sq. ft. can work indefinitely if you are comfortable with a compact layout. The biggest limitation for long-term staying power is typically the small yard and the lack of a basement suite or large bonus room, but if you prefer efficient living, there’s no reason you can’t make it a long-term home.
5. How does this home compare to the average house in Winnipeg?
It sits very close to the city average for living space but is considerably smaller on the lot side (2,958 sq. ft. vs. the city average of 6,570 sq. ft.). Its assessed value is about one-third lower than the city average, making it a cost-effective entry into a decent, established neighborhood. You are trading land area for a lower purchase price and tax bill.