1054 Autumnwood Drive – Property Summary

Key Characteristics & Buyer Profile

This is a 1,012 sqft home built in 1959 on a 3,903 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its most distinguishing feature is its street-level age: it’s one of the oldest homes on Autumnwood Drive, ranking in the top 7% for year built. That means the original construction is solidly mid-century, which can appeal to buyers who value established build quality over modern finishes.

Where the property stands out less is in its size and value. The living area is slightly below both the neighbourhood and city averages, and its assessed value of $238k ranks near the very bottom of its street (94th out of 95 homes). The lot is also significantly smaller than typical for the area—almost 2,400 sqft less than the street average. However, because assessed value is low relative to neighbours, this could represent an opportunity for a buyer looking to build equity through renovations, or for someone who wants a smaller, lower-maintenance property in a well-established street. It would not suit someone seeking a large family home or a premium lot.

Best suited for: First-time buyers on a budget who are comfortable with some updating, downsizers who want less indoor and outdoor space to manage, or investors focused on entry-level affordability in a stable neighbourhood.

Five Frequently Asked Questions

1. How does the assessed value compare to nearby homes, and what does that mean for property taxes?
The assessed value of $238k is well below the street average of $343.9k. Since property taxes in Winnipeg are based on assessed value, you can expect relatively low annual taxes compared to most neighbours. However, if you make significant improvements, the next assessment cycle could raise the value.

2. Is the small lot a disadvantage for resale or future expansion?
It depends on the buyer. At 3,903 sqft, it’s one of the smaller lots on the street (top 98% in size—meaning 98% of lots are larger). This limits room for additions or a large garage, but it also means less yard maintenance. For resale, you’re targeting buyers who prioritize lower upkeep over space.

3. Why is the year built listed as a positive when it’s older than most homes citywide?
The property ranks very well on its street—7th out of 95 homes—meaning most houses around it are similarly aged or newer. This isn’t necessarily about being “historic”; it suggests the street has a consistent mid-century character, which can be a plus for buyers who like the aesthetic and build quality of that era. It also avoids the depreciation that very new builds sometimes see.

4. How accurate are the rankings, and what do “top 51%” or “top 99%” actually mean?
They compare this home to a pool of “comparable homes” within each scope (street, neighbourhood, city). A rank of top 99% for assessed value means 99% of comparable homes have a higher assessed value—so it’s essentially at the bottom. The rankings are a useful relative snapshot but are based on city assessments, which can lag behind market conditions.

5. Would this property be a good candidate for a renovation or addition?
Renovation, yes—especially if you’re improving an outdated interior without changing the footprint. An addition is less practical due to the small lot and setback rules. That said, the low assessed value gives you room to improve the home’s worth without immediately hitting the highest tax bracket for the street. Check local zoning before planning any structural changes.