Key Characteristics & Buyer Profile

This is a 1960-built home on Heather Road in Windsor Park, Winnipeg, with 1,020 sq ft of living space and a notably large 8,443 sq ft lot. The property's main strength is its land: it's in the top 2% of lots on the street, the top 4% in the neighbourhood, and the top 10% city-wide. This is unusual for a home in this price range. The house itself is close to average for its street and area, with a tax-assessed value of $321,000. Its appeal lies less in the house being exceptional and more in the potential of the land—whether for expansion, gardening, or as a site for a future redevelopment. The neighbourhood is established, with most homes built around 1960, meaning the area has mature trees and a settled feel.

This property would suit a buyer who is willing to look past the modest interior square footage and sees value in a large, private lot within Windsor Park. It’s a good fit for someone who wants more outdoor space than a typical suburban lot offers, possibly for a workshop, a large garden, or room for kids and pets. It would also appeal to an investor or builder looking for a teardown or major renovation opportunity, given the land's rarity and the home's average condition. It’s less suited to someone wanting a move-in-ready, updated home with generous living space—the house itself is fairly typical for its age and area.

Frequently Asked Questions

1. How does the property compare to others on Heather Road?
The home is average in size, age, and assessed value for the street. Its standout feature is the lot: at 8,443 sq ft, it’s the second-largest on Heather Road, well above the street average of 5,358 sq ft. This means you get significantly more land than most neighbours.

2. Is the assessed value of $321,000 a fair price?
The assessed value is close to the street average of $331,000 and below the neighbourhood average of $354,000. It's also notably lower than the citywide average of $390,000. The assessment reflects the home’s modest size and age, not the land’s value. The lot itself is the real asset here, and its value isn’t fully captured by the assessed price.

3. What’s the condition of a 1960-built home like this?
The building permit data only provides the construction year, not the condition. A home from 1960 may have original systems (heating, plumbing, electrical) or may have been updated. You should factor in potential costs for updates or repairs, but the property’s value is mainly in the land, so condition is less critical for some buyers.

4. Does the large lot mean higher maintenance?
Yes. An 8,443 sq ft lot is roughly 40% larger than the street average. This means more lawn care, snow removal, and general upkeep. If you value outdoor space and privacy, this is a benefit. If you prefer low-maintenance living, it’s a drawback.

5. What type of buyers are most likely to be interested?
The property typically attracts two kinds of buyers: those who want a large private yard in an established neighbourhood for family use or hobbies, and investors or builders who see the land’s redevelopment potential. It’s less common for someone seeking a move-in-ready home with modern finishes and generous interior space.