14 Alderwood Road, Winnipeg

Key Characteristics & Buyer Profile

This 1955 home offers 908 square feet of living space on a 5,004 square foot lot, with a current assessed value of $339,000. What stands out most is its construction year: it's the oldest home on its street (top 3%), built in a year when the neighbourhood average was 1961. That means it predates most of its neighbours by a solid six years or more.

The living area is small by neighbourhood and city standards (bottom 10% and 17% respectively), but interestingly, it's actually above average for its specific street (top 11%, where the average is 841 sqft). The assessed value sits close to the street average and slightly below neighbourhood and city medians, which may reflect the smaller footprint rather than condition.

The lot is smaller than both street and neighbourhood averages, falling in the bottom 20% on the street and bottom 10% in the area. That could mean less yard maintenance but also less total property for the price.

Who this might suit: A buyer looking for a character property in an established neighbourhood who values older construction over square footage. This home likely appeals to someone who prefers the layout and materials of mid-century homes, doesn't need a large lot, and is comfortable with a below-average living area in exchange for being on a street that's more moderate in size, where their home doesn't feel out of place. It's less suited to families needing generous interior space or buyers who want a large yard for expansion.

Frequently Asked Questions

1. The year built data says this home is "elite" on the street but "below average" in the neighbourhood. What does that mean for me practically?
It means you're buying a home that stands out as older among its immediate neighbours, which some buyers appreciate for craftsmanship or character. But in the broader Windsor Park area, it's part of a cluster of homes from a similar era—you're not an outlier compared to the larger neighbourhood.

2. The assessed value seems close to the street average despite the living area being smaller. Does this suggest the home is priced fairly?
It could indicate that the smaller living area is balanced by other factors—perhaps a desirable location on that street, a solid lot (even though it's smaller), or that the home has been well maintained or updated. Assessed value isn't market price, but the comparison to street average suggests the home is not dramatically over- or under-valued relative to its peers.

3. How should I interpret the "below average" rankings for land area? Will I feel cramped?
The lot is 5,004 sqft compared to a street average of 5,487 sqft—so it's roughly 10% smaller than neighbours. In practice, that's a modest difference. You'll have less yard space than many nearby homes, but it's not a tiny lot by most standards. The bigger gap is to the neighbourhood average (6,030 sqft), so you may notice the difference when driving through the area.

4. Why is the living area above average on the street but below average in the neighborhood and city?
This is a quirk of comparing different peer groups. On your specific street, many homes are even smaller, so yours looks generous. But in the broader Windsor Park area, homes trend larger (average 1,091 sqft), and citywide the average is 1,342 sqft. It simply means the street has a cluster of smaller homes than the surrounding area.

5. The rankings use different metrics for "better" (larger lot = better, newer year = better). Does this home score well overall?
It's a mixed profile. The home scores well for age (oldest on the street) and living area relative to the street, but below average for land size and neighbourhood living area. Its assessed value is middle-of-the-road. There's no single "good" or "bad" score—it depends on what matters to you. If character and street context are priorities, this home does well. If you want a large lot or lots of square footage, you'd be looking at a different property.