Key Characteristics & Buyer Profile

This is a 1972 detached home on a 5,561 sqft lot, with 946 sqft of living space. What stands out most is the build year — it’s one of the newer homes on Ormiston Road (top 9%), and sits comfortably above the median age for the Windsor Park neighbourhood, where many homes date back to the early 1960s. The living space is close to the street average but noticeably below both the neighbourhood and city medians. The lot size is on the smaller side for the street and community, though it's roughly in line with the broader city average. The assessed value is slightly below the street average but near par for the neighbourhood and city.

The appeal here lies in condition relative to age. A home built in 1972 in a neighbourhood where most are from the 60s means a newer foundation, more modern framing, and fewer legacy issues like old knob-and-tube wiring or cast iron drains — upgrades that aren't always visible but matter for long-term ownership. It’s not a big house or a big lot, but it likely has a more practical layout than many older bungalows in the area.

This property would suit a first-time buyer or small family looking for a solid, structurally younger home in a mature, established neighbourhood. It’s less suitable for someone who wants space for expansion or a large yard. The buyer should be comfortable with a modest floor plan and willing to update interiors over time — the appeal is in the bones, not the finishes.

Frequently Asked Questions

1. How does this home compare to others on the same street?
It’s one of the newest houses on Ormiston Road, ranking 2nd out of 23 by build year. The living area is about average for the street, but the lot is smaller than most, and the assessed value is below the median. You’re getting a newer build relative to your immediate neighbours, but not the biggest lot or highest valuation.

2. Is Windsor Park a good neighbourhood for resale value?
Windsor Park is a well-established inner-ring neighbourhood with stable demand. The home’s newer build year is an advantage over many neighbouring properties, which can help with appreciation. However, the smaller lot and below-average living space may limit how much upside you see in a tighter market — it’s more of a reliable starter home than a high-growth investment.

3. What should I look out for given the 1972 build date?
1970s homes are generally well-built, but some common items to check include original windows (likely single-pane), asbestos in floor tile or insulation (used into the mid-70s), and the condition of polybutylene plumbing if any renovations were done in the 80s or 90s. The roof age and furnace age should also be confirmed.

4. How does the lot size affect usability?
At 5,561 sqft, the lot is slightly below average for the street and neighbourhood. It’s still a standard city lot — enough for a backyard, small patio, or garden — but you won’t have room for a large addition or a detached garage down the line without sacrificing green space.

5. What’s the difference between “assessed value” and market value?
The assessed value in Winnipeg is used for property tax calculation, not as a market price. This home is assessed at $344,000, which is below the street average but close to the neighbourhood median. Market value depends on the home’s condition, any recent upgrades, and current demand. Assessments tend to lag behind market shifts, so don’t treat this as a listing price — get a comparative market analysis from a local agent.