Property Summary: 1061 Cottonwood Road

Key Characteristics & Ideal Buyer Profile

This 1969-built home offers 1,008 sq ft of living space on a 5,887 sq ft lot. While the living area and assessed value (320,000) fall below average for both the street and wider Windsor Park neighbourhood, the property stands out for its construction year: it is the newest home on Cottonwood Road (ranked 1st out of 31) and sits in the top 5% of the entire neighbourhood by build date. That means newer construction standards, likely better insulation, wiring, and mechanicals compared to the mostly 1960s stock around it.

The lot is close to average for the street and community, so there's no major advantage or disadvantage in yard size. The assessed value, while below the street average, is within a reasonable range of the citywide median—suggesting the home is priced in line with typical Winnipeg valuations for its size and age.

Appeal: For buyers who want a newer home without paying top dollar for new construction. The property competes on condition and modernity rather than square footage or land. It would suit someone who prioritizes lower upkeep and energy performance over maximizing space, or who values being the newest house on an established street.

Ideal buyers:

• First-time buyers looking for a move-in-ready home with fewer immediate repair concerns
• Downsizers who want a manageable footprint and newer systems
• Investors or homeowners focused on long-term holding in a stable, mid-range neighbourhood

Five Possible FAQs

1. How does the size compare to other homes nearby?
It's on the smaller side—27th out of 31 homes on Cottonwood Road, and in the bottom quarter of Windsor Park. The average home in the neighbourhood is just under 1,100 sq ft, so it's not drastically different, but you won't find oversized rooms or extra living space.

2. Why is the assessed value lower than the street average?
Because it's smaller. Assessed value is largely based on square footage and lot size in addition to condition. The home's newer build helps offset some of that, but the overall valuation still reflects the modest 1,008 sq ft floor plan. It's not a sign of poor condition or location.

3. Is the property in a flood-prone area or on a busy road?
The data doesn't indicate that, but since Windsor Park is a well-established residential neighbourhood near the Red River, it's worth checking flood zone maps and asking about past basement water issues. The lot size is average, so there's no unusual risk implied by the numbers alone.

4. How old are the major systems (roof, furnace, windows)?
The home was built in 1969, but especially for the newest house on the street, systems may have been updated. The data doesn't specify, so you'll want to confirm the age of the roof, furnace, central air, and windows during a viewing. Newer construction year doesn't guarantee recent replacements.

5. What's the neighbourhood like for families or commuters?
Windsor Park is a mature, mid-priced area with a mix of postwar homes, parks, and schools. It's not the trendiest part of Winnipeg, but it's stable and convenient for accessing downtown or the Trans-Canada Highway. You're unlikely to see rapid appreciation, but also not sharp declines. Good for long-term, low-drama ownership.