347 Drake Boulevard – Property Summary

Key Characteristics & Buyer Profile

This is a 1956-built home in Windsor Park, Winnipeg, with 983 sqft of living space on a 6,600 sqft lot. The property’s standout feature is its lot size: it ranks in the top 16% on its street, top 18% in the neighbourhood, and top 21% city-wide. That’s a notably larger-than-average parcel of land compared to nearby homes, which tend to sit on roughly 4,600 to 6,000 sqft lots. The house itself is smaller than much of the surrounding stock—983 sqft places it near the bottom of the street—and it was built earlier than many neighbours (the street average is 1973). Its assessed value is $359,000, which is close to the neighbourhood average, suggesting the land is carrying more weight in the valuation than the structure.

The appeal here is not the house as-is, but the land and the potential it offers. A buyer who values outdoor space, wants room for a garden, shop, or expansion, or is looking at a future rebuild or major renovation would see the most value. It also suits someone who doesn’t mind a smaller, older home in a solid central neighbourhood, and who prioritises lot size over modern finishes or square footage. This is not a move-in-ready showpiece; it’s a property where the land does most of the talking.

Five Frequently Asked Questions

1. How does the living space compare to other homes in Windsor Park?
It’s below average. The house is 983 sqft, while the neighbourhood average is 1,091 sqft. On its own street, it ranks 54th out of 55 homes. If interior space is a priority, this will feel tight compared to most neighbours.

2. Is the assessed value ($359,000) fair for this property?
It’s in line with the neighbourhood average ($354,000) and slightly above the street average ($336,000). Given the larger lot and older, smaller house, the value is reasonable—it reflects the land rather than the structure.

3. What’s the condition of a home built in 1956?
The listing doesn’t specify condition, but the age alone suggests original systems (electrical, plumbing, insulation) may need updating. Buyers should budget for inspections and likely upgrades, especially if the home hasn’t been modernised in recent years.

4. Who is this property not for?
It’s not ideal for someone wanting a large, finished home with modern layout and minimal upkeep. It’s also less suited to buyers who want a quiet, uniform street—this house is noticeably older and smaller than its neighbours, which may matter if curb appeal or resale comparability is a concern.

5. What’s the most underrated aspect of this property?
The lot size relative to its street. Most lots on Drake Boulevard are around 4,600 sqft; this one is 6,600 sqft. That’s a meaningful difference in a mature neighbourhood, offering privacy, outdoor flexibility, and a buffer from neighbours that many similar-priced homes in the area don’t have.