340 Speers Road

Windsor Park, Winnipeg

Property score

57.3

Fair

Overall 57.3 · Smaller but newer than most nearby homes

967 sqft (bottom 22%) · Built in 1962 (1 yr newer than avg)

Located in a above-average income area with median household income of ~72.5k

Transit 100.0 · 1-min walk to transit with 5 nearby routes · Within 500m: 4 schools, 1 shop, 4 parks, and 1 sports facility nearby

Living Area

Below average

11% smaller than neighborhood avg.

Year Built

Above average

1 yrs newer than neighborhood avg.

Mother tongue

English · 69%French · 7%

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

57.3 is composed by the two sections below.

Property Score

49.7Low
Living Area967 sqft42Low
Year Built196246Low
Lot Size7,049 sqft88Excellent
Neighbourhood Sales Activity42Low

Community Score

68.6Good
Household Income74Good
Education Level34Low
Housing Stress100Excellent
Core Housing Need88Excellent
Employment Health60Fair

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: #46110529

Community deep dive

$73K

Median household income

$78K

Average household income

20%

Low income (LIM-AT)

0.3

Income inequality (Gini)

3.8

P90 / P10 ratio

28%

Single-person households

23%

Families with children

Population, labour & age

Population (2021)514
Labour force participation rate70%
Median age33.6
Avg household size2.5
Unemployment rate20%
Population density2056 / km²

Households & income

Low income (LIM-AT, % pop.)20%
Single-person households28%
Couple families with children23%
Median household income (2020)$73K

Housing

Renter households42%
Condominium dwellings0%
Median dwelling value (owners)$324K

Diversity, education & language

Immigrants (share of pop.)9%
Visible minority17%
Bachelor's or higher (25–64)15%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 6%

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

Rankings

Living Area

below average
967 sqft
0255075100
Same streetBottom 16%Same areaBottom 22%CitywideBottom 23%
Same street · Speers Road
#87 / 104
Bottom 16% · Avg 1,149 sqft
Same area · Windsor Park
#2,595 / 3,307
Bottom 22% · Avg 1,091 sqft
Citywide · Winnipeg
#149,965 / 194,458
Bottom 23% · Avg 1,342 sqft

Tax-Assessed Value

above average
372k
0255075100
Same streetBottom 48%Same areaTop 28%CitywideTop 46%
Same street · Speers Road
#54 / 104
Bottom 48% · Avg 365.1k
Same area · Windsor Park
#938 / 3,307
Top 28% · Avg 354.2k
Citywide · Winnipeg
#90,068 / 194,458
Top 46% · Avg 390.1k

Year Built

above average
1962
0255075100
Same streetTop 39%Same areaTop 26%CitywideBottom 44%

Lot Size

above average
7,049 sqft
0255075100
Same streetBottom 24%Same areaTop 12%CitywideTop 17%

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

340 Speers Road — 14 amenities found within 500 m, across 6 categories, including 4 education (nearest 154 m), 1 shopping (nearest 441 m), 4 parks (nearest 240 m).

Search radius
🏫Education4
🛒Shopping1
🌳Parks4
💪Sports1
Worship3
🏛️Government1

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 3/2018CA$250k–300k
Sold price

Same street

Bottom 23%

Same area

Bottom 21%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 340 Speers Road, Winnipeg

340 Speers Road — Property Summary

Key Characteristics & Buyer Profile

This is a 1962-built home with 967 square feet of living space on a notably large 7,049-square-foot lot. The property sits in Winnipeg’s Windsor Park neighbourhood, and the numbers tell a mixed story. The living area is below average by all comparisons — street, neighbourhood, and citywide — ranking only in the top 77–84% depending on scope. In plain terms, it’s a compact house. The assessed value of $372,000, however, is above the neighbourhood average by a noticeable margin (top 28%), while being roughly average for the street and city overall.

Where the property stands out is the land. The lot is above average both within Windsor Park (top 12%) and across Winnipeg (top 17%). This is the kind of home where you’re paying for the dirt more than the square footage. The house itself is from the early ’60s, around average for the street and slightly older than the citywide average, but newer than much of the surrounding neighbourhood.

The appeal here is opportunistic. This property likely suits a buyer who values outdoor space, wants room for a shop, garden, or expansion, and is comfortable with a smaller floor plan — at least for now. It could also appeal to someone looking to renovate or rebuild, given the lot size and Windsor Park’s relative affordability compared to more central Winnipeg neighbourhoods. It’s less suited to a buyer who needs generous interior space right away or wants a move-in-ready home with modern finishes.


Five Frequently Asked Questions

1. How does the living area compare to other homes nearby?
It’s smaller than most. On Speers Road, it’s ranked 87th out of 104 homes. The average on the street is 1,149 square feet, so this property is roughly 180 square feet below that. Neighbourhood and city comparisons show a similar gap.

2. Is the assessed value a good indicator of market price?
Not directly. The assessed value of $372,000 is used for property tax purposes, not as a listing price. It is above the neighbourhood average by about $18,000, which reflects the large lot more than the house itself. Market value depends on current demand, renovation costs, and what similar lots sell for.

3. Why is the land area so much larger than typical homes in the area?
At 7,049 square feet, the lot falls in the top 12% of Windsor Park and top 17% citywide. This suggests the property may have been part of an earlier subdivision with deeper or wider lots, before newer infill developments began using smaller parcels.

4. What should a buyer consider regarding the year built?
The house was built in 1962, which is typical for this street and slightly older than the city average. Buyers should budget for potential updates to mechanical systems (furnace, electrical, plumbing) and insulation, as homes of this era often lack modern efficiency standards.

5. Who is this property not a good fit for?
It’s probably not right for someone who needs a large open-concept main floor, multiple bedrooms on one level, or a finished basement with high ceilings. It’s also less ideal for buyers who want a turnkey home in a newer subdivision with uniform styling.

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