16 Humber Road

Here is a clean, standalone summary of the property at 16 Humber Road, organized into two sections.

Key Characteristics & Ideal Buyer Profile

This is a 1,402 sqft single-family home built in 1961, situated on a 5,498 sqft lot in Winnipeg’s Windsor Park neighborhood. Its standout feature is its assessed value: it ranks in the top 6% on its street and the top 4% within the broader neighborhood. This suggests a property that has held or grown its value significantly relative to its immediate surroundings. The living area is similarly strong—top 12% on the street and top 7% in the neighborhood—meaning it offers more interior space than many nearby homes. The lot size, however, is slightly below the neighborhood average, which is common for a home that prioritizes square footage over land.

The appeal lies in a combination of strong value and generous interior space in a well-established area. It is not a sprawling estate or a brand-new build, but it offers a clear value advantage: you get a larger-than-average home at a valuation that outperforms most of its peers. This makes it a practical, solid choice rather than a flashy one.

This property would suit:

• Value-conscious buyers who want a home with proven resale strength and good space per dollar.
• Families or individuals prioritizing interior living area over a large yard or the newest finishes.
• Investors looking for a property with strong neighborhood-level valuation rankings, which can indicate stable demand.

Five Possible FAQs

1. How does the lot size compare to other homes in Windsor Park?
The lot is 5,498 sqft. That is smaller than the neighborhood average of 6,030 sqft (ranking in the bottom quarter). If a large yard is a priority, this might feel tight; however, the home’s interior space compensates for the reduced outdoor footprint.

2. The assessed value is high relative to the street and neighborhood. Does that mean the property taxes are high?
Assessed value is a key factor in calculating property taxes, so a higher assessment typically means higher taxes than a lower-valued home on the same street. It is worth checking the current mill rate for Winnipeg to estimate the annual amount. The ranking suggests the home is considered more valuable than most neighbors, which would be reflected in the tax bill.

3. Is the 1961 build a concern for maintenance?
It depends entirely on the condition of the major systems (roof, furnace, windows, foundation) and any updates done since. A 1961 home can be very solid, but it is older. Buyers should budget for a thorough inspection, focusing on the age of the mechanicals and potential issues like aging wiring or original plumbing. The “around average” citywide ranking for year built suggests it fits the general age profile of Winnipeg homes.

4. How does this property compare to the average home in Winnipeg?
Citywide, the home is around average in living area (1,402 sqft vs. 1,342 sqft average) and assessed value ($424k vs. $390k average). Its lot is on the smaller side compared to the citywide average of 6,570 sqft. So, it stands out more at the street and neighborhood level than it does when compared to the entire city.

5. What does “Top 4% in the neighborhood” for assessed value actually mean?
It means that out of 3,307 comparable properties in Windsor Park, only about 132 have a higher assessed value. This is an elite ranking that strongly signals the home is considered a top-tier asset within its immediate market. It does not guarantee future appreciation, but it does indicate how the property is currently valued relative to its closest competitors.