229 Speers Road

Windsor Park, Winnipeg

Property score

68.9

Good

Overall 68.9 · Larger and newer than most nearby homes

1,482 sqft (top 5%) · Built in 1964 (3 yrs newer than avg)

Located in a high-income area with median household income of ~92k

Transit 88.0 · 1-min walk to transit with 3 nearby routes · Within 500m: 3 schools, 1 shop, 4 parks, and 1 sports facility nearby

Living Area

Above average

36% larger than neighborhood avg.

Year Built

Above average

3 yrs newer than neighborhood avg.

Mother tongue

English · 71%French · 12%

Past 10 years Windsor Park sales snapshot (~80% of all data)

Sold Count

1,217

Median price

395k

$/sqft

$375/sqft

Avg build year

1961

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Property score

68.9 is composed by the two sections below.

Property Score

65.3Good
Living Area1,482 sqft75Good
Year Built196446Low
Lot Size4,987 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

74.3Good
Household Income81Excellent
Education Level44Low
Housing Stress74Good
Core Housing Need100Excellent
Employment Health76Good

Neighbourhood Sales

Windsor Park

How to read: Share of sales in each ~$50k price band for “windsor park” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110533

Community deep dive

$92K

Median household income

$93K

Average household income

9%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.8

P90 / P10 ratio

21%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)571
Labour force participation rate64%
Median age38.4
Avg household size2.4
Unemployment rate3%
Population density1631 / km²

Households & income

Low income (LIM-AT, % pop.)9%
Single-person households21%
Couple families with children23%
Median household income (2020)$92K

Housing

Renter households15%
Condominium dwellings0%
Median dwelling value (owners)$304K

Diversity, education & language

Immigrants (share of pop.)21%
Visible minority22%
Bachelor's or higher (25–64)20%
Mother tongue (1st)English · 70%
Mother tongue (2nd)French · 12%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

Elite
1,482 sqft
0255075100
Same streetTop 11%Same areaTop 5%CitywideTop 32%
Same street · Speers Road
#11 / 104
Top 11% · Avg 1,149 sqft
Same area · Windsor Park
#157 / 3,307
Top 5% · Avg 1,091 sqft
Citywide · Winnipeg
#61,458 / 194,458
Top 32% · Avg 1,342 sqft

Tax-Assessed Value

around average
334k
0255075100
Same streetBottom 22%Same areaBottom 25%CitywideBottom 40%
Same street · Speers Road
#81 / 104
Bottom 22% · Avg 365.1k
Same area · Windsor Park
#2,469 / 3,307
Bottom 25% · Avg 354.2k
Citywide · Winnipeg
#115,799 / 194,458
Bottom 40% · Avg 390.1k

Year Built

above average
1964
0255075100
Same streetTop 18%Same areaTop 15%CitywideBottom 46%

Lot Size

around average
4,987 sqft
0255075100
Same streetBottom 7%Same areaBottom 5%CitywideBottom 43%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

229 Speers Road — 10 amenities found within 500 m, across 5 categories, including 3 education (nearest 303 m), 1 shopping (nearest 496 m), 4 parks (nearest 206 m).

Search radius
🏫Education3
🛒Shopping1
🌳Parks4
💪Sports1
Worship1

Crime & Safety

Windsor Park · WPS public data · 2026

Annual incidents

17

2026

vs. city avg

-42%

relative to avg

Year-over-year

-94%

vs. prior year

Primary type

Property

47%

Sales History

Sold 5/2021CA$250k–300k
Sold price

Same street

Bottom 30%

Same area

Bottom 24%

City-wide

Bottom 31%
Sold 6/2020CA$250k–300k
Sold price

Same street

Bottom 37%

Same area

Bottom 26%

City-wide

Bottom 32%

Related homes

Highlights & common questions: 229 Speers Road, Winnipeg

229 Speers Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,482 sqft home built in 1964, sitting on a 4,987 sqft lot in Windsor Park, Winnipeg. The property’s main draw is its living space. At the neighborhood level, it ranks in the top 5% for size, meaning it offers noticeably more room than most nearby homes. The assessed value, however, is below average for both the street and the neighborhood—currently $334k compared to the neighborhood average of $354k. This gap between size and value is where the appeal lies: you’re getting a larger-than-typical floor plan at a price that’s below the local norm.

The lot is on the smaller side for the area, ranking in the bottom 10% on the street. That trade-off is worth noting. Buyers who prioritize indoor square footage over outdoor space will find this property compelling. It would suit someone looking for a roomier interior without paying a premium for a large yard—perhaps a growing family, a home-based worker needing extra rooms, or someone who values layout flexibility more than garden space. The 1964 build year is above average for the neighborhood and street, meaning the home is newer than many of its immediate neighbors, which could mean fewer major structural updates compared to older stock in Windsor Park.


Frequently Asked Questions

1. How does this home compare to others on Speers Road?
It has one of the largest living areas on the street (top 11%), but the lot is among the smallest (bottom 10%). The assessed value is below the street average, so you’re getting more interior space for less than what many neighbors are paying in assessed value.

2. Is the assessed value of $334k a good indicator of market price?
Assessed value is a lagging metric used for tax purposes, not a direct reflection of current market value. In this case, the below-average assessment combined with above-average living space could suggest the property is undervalued relative to its size—but a full market analysis would be needed to confirm.

3. What does the lot size mean practically?
At just under 5,000 sqft, this is a modest lot. It’s smaller than most in Windsor Park and on the street. Expect a compact yard, which may limit space for large gardens, play structures, or future additions. For buyers who don’t need extensive outdoor space, this is less of a concern.

4. How old is the home, and what should I expect maintenance-wise?
Built in 1964, the home is newer than most in Windsor Park (top 15% for year built). Homes from this era often have original systems—furnace, roof, windows, plumbing—that may need updating. A home inspection is recommended to gauge the condition of these major components, but the build year itself is a positive compared to the neighborhood norm.

5. What’s the neighborhood like for resale value?
Windsor Park is a well-established area in Winnipeg. The home’s living area ranks in the top 5% locally, which is a strong selling point if you ever decide to sell. However, the small lot and below-average assessed value relative to the neighborhood mean your resale value will depend heavily on interior condition and upgrades rather than land value—which is often the primary driver in other parts of the city.

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