381 Speers Road

Windsor Park, Winnipeg

60.1

Fair

Overall 60.1

Newer than most nearby homes

1,033 sqft (bottom 37%)

Built in 1963 (2 yrs newer than avg)

Located in a high-income area

with median household income of ~94k

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

5% smaller than neighborhood avg.

Year Built

Above average

2 yrs newer than neighborhood avg.

Mother tongue

English · 68%French · 13%

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

60.1 is composed by the two sections below.

Property Score

51.5Fair
Living Area1,033 sqft52Fair
Year Built196346Low
Lot Size4,573 sqft60Fair
Neighbourhood Sales Activity42Low

Community Score

73.1Good
Household Income82Excellent
Education Level44Low
Housing Stress74Good
Core Housing Need76Good
Employment Health83Excellent

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: #46110527

Community deep dive

$94K

Median household income

$100K

Average household income

7%

Low income (LIM-AT)

0.2

Income inequality (Gini)

3.1

P90 / P10 ratio

23%

Single-person households

31%

Families with children

Population, labour & age

Population (2021)501
Labour force participation rate75%
Median age40.8
Avg household size2.6
Unemployment rate7%
Population density3131 / km²

Households & income

Low income (LIM-AT, % pop.)7%
Single-person households23%
Couple families with children31%
Median household income (2020)$94K

Housing

Renter households7%
Condominium dwellings0%
Median dwelling value (owners)$320K

Diversity, education & language

Immigrants (share of pop.)19%
Visible minority20%
Bachelor's or higher (25–64)23%
Mother tongue (1st)English · 68%
Mother tongue (2nd)French · 13%

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

Rankings

Living Area

around average
1,033 sqft
0255075100
Same streetBottom 29%Same areaBottom 37%CitywideBottom 29%
Same street · Speers Road
#74 / 104
Bottom 29% · Avg 1,149 sqft
Same area · Windsor Park
#2,099 / 3,307
Bottom 37% · Avg 1,091 sqft
Citywide · Winnipeg
#137,239 / 194,458
Bottom 29% · Avg 1,342 sqft

Tax-Assessed Value

below average
289k
0255075100
Same streetBottom 10%Same areaBottom 6%CitywideBottom 26%
Same street · Speers Road
#94 / 104
Bottom 10% · Avg 365.1k
Same area · Windsor Park
#3,119 / 3,307
Bottom 6% · Avg 354.2k
Citywide · Winnipeg
#143,334 / 194,458
Bottom 26% · Avg 390.1k

Year Built

above average
1963
0255075100
Same streetTop 34%Same areaTop 19%CitywideBottom 45%

Lot Size

around average
4,573 sqft
0255075100
Same streetBottom 4%Same areaBottom 4%CitywideBottom 35%

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

381 Speers Road — 14 amenities found within 500 m, across 6 categories, including 4 education (nearest 175 m), 1 shopping (nearest 439 m), 4 parks (nearest 208 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 8/2021CA$250k–300k
Sold price

Same street

Bottom 27%

Same area

Bottom 21%

City-wide

Bottom 29%

Related homes

Highlights & common questions: 381 Speers Road, Winnipeg

381 Speers Road – Property Summary

Key Characteristics & Buyer Profile

This is a 1,033-square-foot bungalow built in 1963 on a 4,573-square-foot lot in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $289,000.

The property’s main appeal lies in its age and location rather than its size or lot. The home was built earlier than most comparable properties on the street and in the neighbourhood—ranking in the top 34% on Speers Road and top 19% within Windsor Park. For buyers who prefer the character and construction quality of older homes, this stands out as a relatively early build in an area where most houses went up around 1961.

That said, the living area is below both the street and city averages, and the lot is notably small—ranking in the bottom 4% on Speers Road and bottom 4% in the neighbourhood. The assessed value reflects this, coming in well below local and citywide medians. The trade-off is a lower entry price for a home in an established neighbourhood, rather than paying a premium for square footage or land.

This property would suit a buyer who values a modest, manageable footprint and is less concerned with having a large yard or maximum living space. It could be a good fit for someone downsizing, a first-time buyer looking for an affordable entry into a mature neighbourhood, or an investor seeking a lower-cost property with potential for gradual upgrades. It is less suited to families needing room to grow or anyone who prioritizes outdoor space.


Five Possible FAQs

1. How does this home compare to others nearby in terms of value?
The assessed value of $289,000 is significantly below the street average of $365,100 and the neighbourhood average of $354,200. On Speers Road, it ranks in the bottom 10% for value. Buyers should expect a lower price point than most homes in Windsor Park, but also a smaller living area and lot.

2. Is the small lot a dealbreaker for resale?
For some buyers, yes. The lot is well below average for both the street (7,802 sqft) and neighbourhood (6,030 sqft). However, a smaller lot often appeals to buyers who want less yard maintenance. The key is that the home’s price already accounts for this—it’s priced well under comparable homes in Windsor Park.

3. What does the “year built” ranking tell me about the home’s condition?
The home was built in 1963, which is earlier than the street average (1960) but notably older than the citywide average (1966). This doesn’t necessarily mean poor condition—it depends on maintenance and updates. The ranking suggests you’re buying into an older stock of homes, which may have solid construction but could also need more frequent repairs or upgrades than a newer build.

4. How does the living space compare to a typical home in Winnipeg?
At 1,033 square feet, this home is about 23% smaller than the average comparable home citywide (1,342 sqft). Within Windsor Park, it’s slightly below the neighbourhood average of 1,091 sqft. It’s a compact layout—functional for one or two people, but tight for a family.

5. What’s the neighbourhood like?
Windsor Park is an established Winnipeg neighbourhood with a mix of post-war bungalows and later infill. The area generally has average living space and assessed values that are slightly below citywide medians. This home sits on a busier street (Speers Road), which may be a factor for some buyers. The low assessed value relative to the neighbourhood suggests the home itself (not just the lot) needs attention or updates to reach local pricing.

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