Key Characteristics & Buyer Profile

This property is a 1968 home with roughly 1,491 square feet of living space on a 6,377-square-foot lot. It sits on Watercress Road in Winnipeg’s Southdale neighbourhood. The assessed value is around $422,000.

The appeal here lies in balance. The living area and assessed value are both close to average for the street and the broader area, but the lot is notably larger than many citywide competitors—land area ranks in the top 24% across Winnipeg. That gives future owners room for gardens, expansion, or simply breathing space without the premium of a brand-new build. The 1968 construction year is above average for the street, meaning the home is older than many nearby but not the oldest; it likely has established character and mature landscaping. This isn’t a fixer-upper or a showpiece—it’s a solid, mid-century family home in a stable, established suburb.

This property would suit practical buyers: families who want good square footage and a decent yard in a mature neighbourhood, without chasing the newest finishes or a top-tier school zone status. It could also appeal to someone who values privacy and outdoor space over interior trends. The Southdale location offers proximity to parks and amenities, but the comparative data suggests you’re getting a better deal on land than on house size relative to citywide averages. Buyers should come in expecting a home that’s well-lived-in but not outdated—a canvas for gradual updates rather than immediate renovation.

Five Possible FAQs

1. How does the property’s size compare to others in Southdale?
The living area is slightly below the Southdale average (1,569 sqft), ranking in the top 49% of the area. The land area is also below the Southdale average, sitting in the bottom 29% for the neighbourhood. Citywide, however, the lot is above average (top 24%), which is the standout feature.

2. What does the assessed value tell me about the home’s condition or market position?
The assessed value of $422,000 is above the citywide average of $390,100 but below the Southdale average of $458,000. This suggests the home is priced competitively for its neighbourhood—possibly reflecting its older age or a need for some cosmetic updates, rather than structural issues. It tracks closely with the street’s average.

3. Is this home considered “old” for its area?
Not particularly. A 1968 build puts it in the top 16% of homes on Watercress Road by year, meaning most homes on the street are newer. In Southdale as a whole, it’s in the bottom 18%—so it’s older than the neighbourhood average. Citywide, it’s right in the middle.

4. What’s the land actually usable for?
At 6,377 square feet, the lot is generous by city standards. It’s typical for a 1960s suburban home—likely a rectangular parcel large enough for a backyard garden, a playset, or future addition (pending zoning). It’s not an estate lot, but it’s well above a standard infill size.

5. How can I see how this property compares to houses immediately nearby?
The property page includes a link to a neighbourhood map analysis. That tool lets you compare year built, living area, assessed value, and lot size with nearby homes on a street-by-street basis. It’s useful for checking whether this house is an outlier on its block or typical of the immediate area.