13 Newark Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1961-built home in Windsor Park with 1,240 sq. ft. of living space on a 5,774 sq. ft. lot. Its assessed value is $332,000.
The property stands out most for its interior space. At the street level, it ranks in the top 21% for living area among nearby homes, and within the wider Windsor Park neighbourhood it lands in the top 14%. That means you’re getting more finished square footage than most comparable houses in the immediate area. The lot, however, is below average for Newark Road—slightly smaller than what’s typical on the street—though it remains fairly standard for the neighbourhood and the city overall.
The assessed value is noticeably below average on its street (ranked 18th out of 19 homes) and below the neighbourhood average, but sits near the citywide midpoint. This suggests the home offers good living space relative to its current market assessment, which could appeal to buyers looking for usable square footage without paying a premium for lot size.
This property would suit a buyer who prioritizes interior room over a large yard—someone who wants more space inside for daily living, entertaining, or a growing household, and is comfortable with a smaller outdoor footprint. It may also appeal to those who see potential in a home that isn't priced at the top of its street but offers solid bones and a well-established neighbourhood with consistent building stock from the early 1960s.
Five Possible FAQs
1. How does the living space compare to other homes in the area?
It's significantly above average. Within a two-block radius on Newark Road, only about one in five homes has more square footage than this property. In Windsor Park as a whole, it ranks in the top 14% for living area.
2. Why is the assessed value lower than the street average?
The assessed value is about $38,000 below the average for Newark Road homes. This likely reflects the smaller lot size—the lot is roughly 800 sq. ft. less than the street average—and possibly differences in condition, finishes, or recent updates that aren't captured in the raw data. A home inspection would clarify what drives the gap.
3. Is the lot size a disadvantage for resale or daily use?
For the neighbourhood, it's average. But on the street itself, lots tend to be roomier. If you want a large garden, a workshop, or extra outdoor space for kids or pets, you might find this lot tight compared to immediate neighbours. On the other hand, less yard means less upkeep.
4. What year was the house built, and is that typical for the area?
Built in 1961, which is right in line with the street and neighbourhood averages. Many surrounding homes date from the same period, so you’re looking at a consistent architectural era. Citywide, the average for similar homes is about 1966, so this is a touch older but not unusual for Windsor Park.
5. How does this property compare citywide?
Citywide, this home sits almost exactly in the middle of the pack for living area, assessed value, and year built. Its lot size falls in the top 37%, meaning it's slightly larger than the average across Winnipeg for comparable homes. The real differentiation is local: on its own street, it's a value pick for interior space.