Overview

92 Hansford Road is a 1,100-square-foot bungalow built in 1966, sitting on a 5,249-square-foot lot in Winnipeg’s Windsor Park neighbourhood. The assessed value is $370,000.

Key Characteristics

The property is average in most respects, with one standout feature: its age. Built in 1966, it ranks in the top 7% of homes in the neighbourhood for being newer, meaning much of Windsor Park’s housing stock is older. The home is slightly above average in assessed value within the neighbourhood (top 30%), though citywide it sits near the middle. Living area is unremarkable—close to the street and neighbourhood averages, but below the citywide average of 1,342 square feet. The lot is smaller than typical for both the street and the area, ranking in the bottom quarter locally.

Where the Appeal Lies

The appeal here is straightforward: it’s a mid-century home in a well-established neighbourhood, with no major red flags in its ranking data. The modest lot size might actually appeal to buyers who want less yard maintenance. The year-built advantage suggests the home may have been part of a later development phase in Windsor Park, potentially with more modern construction standards than neighbouring 1950s-era homes. It’s not a standout, but it’s solidly average in a city where average often means stable and move-in ready.

Suitable Buyers

This property suits first-time buyers or small families looking for a functional home in a mature neighbourhood without paying a premium for a larger lot or extra square footage. It could also work for someone downsizing from a larger house who still wants a detached home. Buyers seeking character homes or a large yard should look elsewhere. Investors might find it worthwhile if the assessed value stays competitive within the neighbourhood—though the smaller lot limits future expansion potential.

Frequently Asked Questions

1. How does this home compare to others on Hansford Road?
It’s very close to the street average in living area and assessed value, but it’s one of the newer homes on the block (top 24%). The lot is smaller than most neighbours, which could be a trade-off for those who prefer a more compact yard.

2. Is the assessed value of $370,000 reasonable for this area?
Within Windsor Park, the home is above average in assessed value (top 30%), but it’s slightly below the citywide average for comparable homes. That suggests it’s priced fairly for the neighbourhood but not a bargain compared to other parts of Winnipeg.

3. What does a smaller-than-average lot mean practically?
Less outdoor space to maintain, but also less privacy from neighbours. Depending on the layout, outdoor entertaining or gardening space may be limited. It could be a plus for low-maintenance living, but it’s worth visiting to see how the lot feels in person.

4. How does the 1966 build year affect the home’s condition?
Homes from this era are generally built with solid materials, but systems like electrical, plumbing, and insulation may need updating. The ranking suggests it’s newer than most nearby homes, which could mean it has had fewer owners or less deferred maintenance. A home inspection is still recommended.

5. Is this a good investment property?
It depends on your goals. The assessed value is reasonable for the neighbourhood, and the smaller lot keeps the purchase price lower. But the limited land area restricts future value growth tied to lot appreciation. For rental income, Windsor Park is a stable area with steady demand, but don’t expect dramatic appreciation without renovations.