Key Characteristics & Buyer Profile

This 986 sqft home in Windsor Park, Winnipeg, offers a compact, well-maintained footprint that stands out primarily for its build date. At 1958, it ranks first on its street and comfortably near average for its neighbourhood—meaning it was likely built solidly during a strong era for postwar construction, without the deferred-maintenance pitfalls of much older or much newer homes.

The property’s appeal lies in its balance. The assessed value sits close to both street and neighbourhood averages, suggesting the price aligns with local expectations rather than being inflated by market hype. The land, at just under 5,000 sqft, is noticeably smaller than the street and neighbourhood norm. That’s worth a second look: it could mean less yard maintenance and a more manageable property for someone who doesn’t want a sprawling lot, or it could be a constraint for buyers hoping to expand or subdivide.

This home would suit a practical buyer—someone who values a solid, older structure over square footage, and who sees a smaller lot not as a drawback but as an opportunity for easier upkeep. It’s less ideal for someone seeking maximum space per dollar or room to build out later. A first-time homeowner, a downsizer, or an investor looking for stable rental potential in an average-priced neighbourhood could all find it a reasonable fit.

Five Possible FAQs

1. How does the smaller-than-average land size affect resale?
   Smaller lots often sell quicker to buyers seeking low-maintenance yards, but they can limit future additions or garage expansions. In this area, where lots average over 6,000 sqft, your pool of interested buyers narrows slightly—but so does your carrying cost in property care.

2. Is the assessed value of $351,000 realistic for this property?
   It’s close to the street and neighbourhood medians, which typically indicates the assessment aligns with local comparables. Market conditions may shift, but the data suggests it’s not overvalued for its immediate area.

3. The home was built in 1958—should I worry about outdated systems?
   Not necessarily, but it’s wise to check the furnace, wiring, and plumbing. Many homes of this vintage have been updated; others haven’t. Being the oldest on the street by a couple of years could simply mean it was built before neighbouring homes, not neglected.

4. Does the living area rank low only because of the small lot, or is the house itself small?
   Both. The home is smaller than the average within its street, neighbourhood, and city. But being smaller doesn’t mean cramped if the layout is efficient. The ranking is purely size-based, not a measure of quality or livability.

5. What’s the neighbourhood like for commuting or amenities?
   Windsor Park is a well-established area with parks, schools, and shopping within a short drive. Its location offers decent access to downtown Winnipeg and major routes, though public transit may be less frequent than in more central districts.