1 Newark Road – Property Summary

Key Characteristics & Buyer Profile

This 1,260 sqft single-family home sits on a 6,346 sqft lot in Windsor Park, Winnipeg. Built in 1961, it ranks in the top 13% for living space within its immediate neighbourhood and the top 25% for lot size citywide. The assessed value of $410,000 places it in the top 6% of the local area, suggesting it holds above-average value relative to nearby homes.

The appeal here is practical rather than flashy. It’s a solidly sized home on a generously proportioned lot, in a well-established neighbourhood where many comparable properties are smaller and slightly older. The property doesn’t lead the street in any single category, but it sits consistently above average across living area, land size, and assessed value—an uncommon balance for a single listing. This matters most to buyers who care about long-term resale positioning, not just immediate aesthetics.

This home suits buyers looking for space and land without moving into a top-tier priced bracket. Families who want room to grow, or anyone seeking a property with good bones in a stable mid-city neighbourhood, will find it relevant. It may also appeal to value-conscious investors who recognise that being above average across multiple metrics, rather than exceptional in one, often signals a more resilient asset.

Frequently Asked Questions

1. How does this property compare to others on the same street?
It ranks 3rd out of 19 homes on Newark Road for both living area and assessed value, putting it in the top 16% of the street. Lot size is closer to the middle of the pack, ranked 11th.

2. Is the home considered large by local standards?
Yes, within Windsor Park it’s in the top 13% for living space, with 1,260 sqft versus the neighbourhood average of 1,091 sqft. Citywide, it’s slightly below average, but that’s typical for inner-ring suburbs where older, smaller homes are common.

3. How does the assessed value relate to market price?
Assessed value is $410,000—above the street average of $370,000 and the neighbourhood average of $354,000. It’s not a direct listing price, but it indicates the property is viewed as higher-value by the municipality, which can influence property taxes and buyer perception.

4. What should I know about the lot size?
At 6,346 sqft, it’s larger than 75% of lots citywide and sits in the top quarter of Winnipeg. Within the neighbourhood, it’s above average, though on its own street it’s only slightly below the average of 6,559 sqft. That means decent outdoor space without being unusually large for the block.

5. Is the building age a concern?
The home was built in 1961, which is typical for the area—the neighbourhood average is the same year, and the street average is also 1961. Citywide, the average home is slightly newer at 1966. A 1960s build in this part of Winnipeg is well within normal expectations, but as with any home of this era, buyers should budget for potential updates to systems, insulation, or windows.