Property Overview
This is a 1960-built home with 912 square feet of living space, situated on a notably large 8,111-square-foot lot at 21 Vincent Massey Boulevard in Winnipeg’s Windsor Park neighbourhood. While the living area runs slightly smaller than typical for the street, neighbourhood, and city averages, the property stands out most for its land. The lot ranks in the top 6% on the same street, the top 5% within Windsor Park, and the top 11% citywide—a meaningful advantage in a mature, established area. The assessed value (for tax purposes) sits at $315,000, which is below average for the street and neighbourhood, but closer to the citywide median.
Where the appeal lies: The main draw is the land. For a buyer who values outdoor space, gardening, room for additions, or simply a larger private yard in a built-up neighbourhood, this is the kind of lot that is increasingly hard to find. The home itself is modest but functional—an honest mid-century build that may need updating, but on a property where the site holds much of the long-term value. The lower-than-average assessment could also imply relatively manageable property taxes compared to newer or larger homes nearby.
Who it would suit: Buyers who are looking for a solid starter home with room to grow, or investors and renovators who see the land as the primary asset. It could also work for someone downsizing from a larger house who doesn't want to lose outdoor space. This is less suited to someone seeking a turnkey, large interior or a premium address—the home’s value proposition is more in what’s possible than what’s already finished.
Frequently Asked Questions
1. How does the size of this home compare to others in Windsor Park?
The living area of 912 sq ft is smaller than the neighbourhood average of about 1,091 sq ft, placing it in the lower end (88th percentile, meaning 88% of homes are larger). However, the lot size is a standout—8,111 sq ft places it in the top 5% locally, which is well above the community average of 6,030 sq ft.
2. Is the assessed value of $315,000 a good indication of market price?
Not directly. Assessed values are used primarily for property tax calculations and may lag behind current market conditions. In a competitive market or for a property with strong land value, the sale price could be higher than the assessment. It’s best treated as a baseline, not a firm estimate.
3. What renovation potential does this property offer?
Given the large lot and 1960 construction, there is potential for expansion—whether through an addition, a secondary suite, or a major reno of the existing footprint. That said, any structural changes would need to be checked against local zoning, setbacks, and permitting requirements. The age of the home likely means mechanical systems and insulation could use attention.
4. How do property taxes compare to similar homes?
Because the assessed value is below both the street and neighbourhood averages, taxes are likely lower than for many comparable homes in Windsor Park. For buyers concerned about ongoing carrying costs, this could be a practical advantage, especially if they’re planning to invest in upgrades later.
5. What should I look out for with a home built in 1960?
Buildings from this era often have original features worth checking: electrical systems, plumbing, windows, and the foundation. Asbestos was also used in some construction materials of the time. A thorough home inspection is strongly recommended, particularly if there have been any DIY renovations or signs of deferred maintenance.