178 Howden Road – Property Summary
Key Characteristics & Buyer Profile
This is a mid-century home in Winnipeg’s Windsor Park neighbourhood, built in 1960. Its living area (1,041 sqft) and assessed value ($358,000) are both essentially average for the street and the broader city—not oversized or under-priced, but solidly middle-of-the-pack. The lot is 5,767 sqft, which is slightly smaller than the city average but still within a typical range for the area.
The appeal here is straightforward: this is a house that doesn’t try to stand out. It’s predictable, which can be a real advantage for buyers who want a sense of what they’re getting without surprises. The numbers suggest it’s priced in line with its peers, and the 1960 construction puts it in a generation of well-built Winnipeg homes that often have good bones.
Who it suits: First-time buyers who want a footprint that’s manageable and affordable; downsizers who don’t need extra space but still want a standalone house; investors looking for a property that tracks the neighbourhood average rather than betting on a premium or a fixer-upper. It’s less suitable for someone chasing a large lot, a newer build, or below-market value.
Frequently Asked Questions
1. How does this home compare to others in Windsor Park?
The living area and assessed value are almost exactly the neighbourhood average. The year built (1960) is very close to the neighbourhood average of 1961. The land area is slightly below the neighbourhood average of 6,030 sqft, but not drastically so. In short, this home is representative of what Windsor Park offers.
2. Is the assessed value of $358,000 a fair price?
On the street and in the neighbourhood, it sits near the median. City-wide, the average for comparable homes is higher ($390,100), meaning this property falls below the city-wide benchmark—likely reflecting location and the slightly smaller lot. It is not obviously overvalued or undervalued.
3. What should I expect from a home built in 1960?
Homes of this era often have solid framing and established neighborhoods, but may need updates to mechanicals (furnace, electrical, plumbing), windows, or insulation. It’s worth budgeting for potential renovations even if the basics appear sound. The age isn’t a red flag, but it’s not new.
4. Why is the land area ranked lower city-wide than locally?
City-wide, 5,767 sqft puts this lot in the top 38% (a relatively good rank). Locally, it’s closer to the middle of the pack. That means Windsor Park has generally larger lots than the city average, so this home is relatively smaller for its immediate area but still decent compared to the whole city.
5. What are the hidden advantages of an “average” property?
Homes that are statistically unremarkable often sell faster and appraise with less friction because there’s no premium or discount to argue over. They also tend to hold value steadily—no big spikes, but no steep drops either. For a buyer who wants a reliable place to live without gambling on market shifts, this can be a quieter, lower-risk option.