20 Maywood Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1,027 sqft single-family home built in 1961 on a 5,355 sqft lot in the Windsor Park neighbourhood of Winnipeg. The property is valued at $368,000.
The house sits on a street where most homes were built around the same year, which gives the area a consistent, settled feel. The living space is slightly smaller than the citywide average for comparable homes, but it ranks well within its street and neighbourhood for assessed value—meaning you’re getting solid value relative to nearby properties. The lot is smaller than average for the street and neighbourhood, but not by a dramatic margin when compared citywide.
The appeal here is about predictability and location. Windsor Park is an established area with mature trees and services. The home’s value ranks in the top third on its street, but the living area is more modest—so buyers who prioritize a lower upfront cost or want a home that’s already fairly priced for its size will find it logical. It’s not a “wow” property in terms of square footage or land, but it’s a sensible entry point for someone who wants a home in a functional neighbourhood without paying a premium for extra space they don’t need.
This property would suit first-time buyers looking for a solid, mid-century home in a well-rated area, or someone downsizing who wants a manageable lot and single-level living (assuming a bungalow layout). It may also appeal to investors who see the assessed value as a fair floor for long-term appreciation in a stable neighbourhood.
Five Possible FAQs
1. How does the living area compare to other homes nearby?
It’s just about average for the street and neighbourhood, but below the citywide average for similar homes. You won’t feel cramped, but you’re not getting a spacious interior compared to newer or larger builds elsewhere.
2. Is the lot size a concern?
It’s smaller than both the street and neighbourhood averages—ranked in the bottom 20% locally. But citywide, it’s close to the median. So if you want a big yard for gardening or expansion, this might feel tight. For low-maintenance outdoor space, it’s fine.
3. Why is the assessed value higher than some homes on the street?
The home ranks 9th out of 28 on Maywood Road for assessed value, meaning it’s above average for the street and neighbourhood. This likely reflects good upkeep, interior finishes, or a desirable position on the lot—but not a guarantee of recent renovations. Worth checking in person.
4. What year was the house built, and does that matter?
Built in 1961, which is typical for the street and neighbourhood. That era generally means solid construction, but you’ll want to inspect the electrical, plumbing, and insulation. Being older can be a positive for character but may also mean more maintenance than a newer build.
5. How does this property compare to a typical starter home in Winnipeg?
It’s a bit smaller than the citywide average in both living area and lot size, but the assessed value sits close to the middle of the market. That means you’re not overpaying relative to the whole city, but you’re also not getting a bargain on space. It’s a reasonable starter home if location matters more than square footage.