185 Speers Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,205 sq. ft. home built in 1960, located on Speers Road in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the lot: at 8,547 sq. ft., it ranks in the top 4% within the neighbourhood and the top 10% citywide. While both the living area and year built are fairly average for the street and area, the assessed value sits slightly below the street average but close to the neighbourhood average. The property’s appeal lies in the land—rarely do properties in this price range offer this much outdoor space within Windsor Park. It would suit buyers who prioritize yard size and expansion or gardening potential over a modern interior or a premium address. Thoughtful buyers should note that while the lot is generous, the home itself is mid-range for its age and size, making it more of a “buy the land, get the house” scenario rather than a turnkey move-in.
Possible FAQs
1. How does the lot size compare to other homes nearby?
The lot here is significantly larger than most. It’s among the top 4% in Windsor Park and top 10% across Winnipeg. On Speers Road itself, it’s also slightly above the street average of 7,802 sq. ft.
2. Is the assessed value low compared to similar homes?
It’s below the street average (ranked 73rd out of 104 on Speers Road) but close to the neighbourhood average. Citywide, it sits at the 57th percentile. In plain terms, the assessed value is reasonable for the area, but the lot size suggests potential for appreciation if the market starts valuing land more heavily.
3. How old is the house, and is that typical for the area?
Built in 1960, it’s right around the average for both the street (1960) and the neighbourhood (1961). So it’s a standard age for Windsor Park homes, not unusually old or new.
4. What kind of buyer would this property best suit?
It’s ideal for someone who wants a large, private yard in an established neighbourhood without paying a premium for a renovated house. First-time buyers who are handy, families wanting room for kids or a garden, or investors looking for a lot with development upside would find it a strong fit.
5. How does the living area compare to citywide averages?
At 1,205 sq. ft., it’s slightly below the citywide average of 1,342 sq. ft. for comparable homes, but within the normal range for the neighbourhood and street. It’s not a small home by local standards, but it’s not oversized either.