432 Speers Road

Windsor Park, Winnipeg

Property score

72.3

Good

Overall 72.3 · Larger and newer than most nearby homes

1,241 sqft (top 14%) · Built in 1997 (36 yrs newer than avg)

Located in a high-income area with median household income of ~97k

Transit 92.0 · 4-min walk to transit with 5 nearby routes · Within 500m: 5 dining spots, 2 schools, 2 healthcare facilitys, and 2 shops nearby

Living Area

Above average

14% larger than neighborhood avg.

Year Built

Above average

36 yrs newer than neighborhood avg.

Mother tongue

English · 68%French · 14%

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

72.3 is composed by the two sections below.

Property Score

72.1Good
Living Area66
1,241 sqftGood
Year Built84
1997Excellent
Lot Size91
7,500 sqftExcellent
Neighbourhood Sales Activity42
Low

Community Score

72.6Good
Household Income83
Excellent
Education Level34
Low
Housing Stress83
Excellent
Core Housing Need100
Excellent
Employment Health60
Fair

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: #46110525

Community deep dive

$97K

Median household income

$96K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

20%

Single-person households

30%

Families with children

Population, labour & age

Population (2021)556
Labour force participation rate59%
Median age42.4
Avg household size2.6
Unemployment rate7%
Population density2647 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households20%
Couple families with children30%
Median household income (2020)$97K

Housing

Renter households0%
Condominium dwellings0%
Median dwelling value (owners)$314K

Diversity, education & language

Immigrants (share of pop.)20%
Visible minority21%
Bachelor's or higher (25–64)19%
Mother tongue (1st)English · 67%
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

above average
1,241 sqft
0255075100
Same streetTop 28%Same areaTop 14%CitywideTop 46%
Same street · Speers Road
#29 / 104
Top 28% · Avg 1,149 sqft
Same area · Windsor Park
#468 / 3,307
Top 14% · Avg 1,091 sqft
Citywide · Winnipeg
#90,184 / 194,458
Top 46% · Avg 1,342 sqft

Tax-Assessed Value

Elite
465k
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 26%
Same street · Speers Road
#3 / 104
Top 3% · Avg 365.1k
Same area · Windsor Park
#33 / 3,307
Top 1% · Avg 354.2k
Citywide · Winnipeg
#50,068 / 194,458
Top 26% · Avg 390.1k

Year Built

Elite
1997
0255075100
Same streetTop 3%Same areaTop 1%CitywideTop 19%

Lot Size

above average
7,500 sqft
0255075100
Same streetBottom 37%Same areaTop 8%CitywideTop 13%

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

432 Speers Road — 17 amenities found within 500 m, across 8 categories, including 5 dining (nearest 348 m), 2 education (nearest 386 m), 2 healthcare (nearest 354 m).

Search radius
🍽️Dining5
🏫Education2
🏥Healthcare2
🛒Shopping2
🌳Parks2
💪Sports1
🏦Finance2
Fuel Stations1

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 10/2019CA$350k–400k
Sold price

Same street

Top 20%

Same area

Top 17%

City-wide

Top 38%

Related homes

Highlights & common questions: 432 Speers Road, Winnipeg

Key Characteristics & Buyer Profile

This property is a 1997-built home with 1,241 sq ft of living space and a 7,500 sq ft lot, located on Speers Road in Winnipeg’s Windsor Park neighbourhood. Its strongest selling points are its age and assessed value relative to the surrounding area. The home is newer than roughly 99% of properties on the same street and within the wider community, where the average build year is 1960–1961. Its tax assessment of $465,000 ranks in the top 3% on the street and top 1% in Windsor Park, reflecting both the size and condition of the house compared to older, smaller neighbouring homes. While the living area is slightly above average for its street and significantly above average for Windsor Park, it falls just below the citywide average—meaning it offers good interior space for the neighbourhood but isn’t oversized by broader urban standards. The lot, at 7,500 sq ft, is close to the street average but well above both community and city averages, giving it strong outdoor space relative to most homes in and around Windsor Park.

The appeal lies in a rare combination: a relatively new structure in a mature, established area. Buyers who value lower-maintenance ownership (no century-home quirks, updated systems) but want to stay in a settled neighbourhood with mature trees and an established community feel would find this compelling. It’s a practical fit for families or professionals who want a solid, modern layout without paying for a tear-down or major renovation. Investors or buyers prioritizing tax-assessed value as a proxy for long-term equity growth may also be drawn to the strong local rankings. Not every detail about finishes, layout, or basement status is provided, so a viewing would be necessary to assess liveability beyond the data.


Five Possible FAQs

1. How does the living space compare to other homes in the area?
The home’s 1,241 sq ft is about 92 sq ft above the street average and roughly 150 sq ft above the Windsor Park average. Citywide, it’s slightly below the average of 1,342 sq ft, but housing stock across all of Winnipeg includes many larger detached homes in newer suburbs, so this is not unusual for a mature neighbourhood property.

2. Why is the assessed value so much higher than the street and community averages?
At $465,000, the assessment is roughly $100,000 above the street average and $110,000 above the Windsor Park average. This likely reflects the home’s newer construction, larger living area than typical older homes in the area, and its lot size being above the community norm. Higher assessments in older areas often signal a property that was rebuilt or is in notably better condition than its neighbours.

3. Is the lot large enough for additions or a garage expansion?
At 7,500 sq ft, the lot is slightly below the Speers Road average (7,802 sq ft) but well above the average for Windsor Park (6,030 sq ft) and the city as a whole (6,570 sq ft). Whether you can build an addition depends on zoning and setbacks, but the lot provides more outdoor space than most comparable homes in the community, which could be a factor for gardening, play areas, or future renovations.

4. How old is the home, and what does that mean for maintenance?
Built in 1997, this home is about 27 years old as of 2024. That puts it past the initial new-build period but still well within the typical lifespan of major systems like roofing, HVAC, and windows. It’s substantially newer than the vast majority of homes in Windsor Park, where the average build year is 1961, so the buyer is less likely to face immediate large-scale replacements compared to older properties in the area.

5. How does this property rank overall in Winnipeg for value and size?
For living area, it ranks in the 46th percentile citywide—essentially middle of the pack. For assessed value, it’s in the 26th percentile, meaning it’s valued higher than about three-quarters of Winnipeg homes. Its land size ranks in the 13th percentile citywide, giving it more land than 87% of properties in the city. The standout rankings are local: top 1% for both age and assessment within Windsor Park, which is the main differentiator.