264 Speers Road — Property Summary
Key Characteristics & Buyer Profile
This is a 1,237-square-foot home built in 1959, sitting on a 6,596-square-foot lot in the Windsor Park neighbourhood of Winnipeg. What stands out is the lot size: it’s above average compared to both the neighbourhood and the city as a whole—ranking in the top 21% citywide—even though it’s smaller than the average on Speers Road itself. That suggests the street has unusually large lots, and this home offers more land than what’s typical for the area at large, which is a meaningful distinction.
The living area is also above average within Windsor Park (top 14% of comparable homes in the neighbourhood), and the assessed value (386k) aligns closely with the street average while sitting a bit above the neighbourhood average. The home was built in the late 1950s, which is right in line with much of the surrounding stock—neither notably old nor new for the area.
The appeal here is that you’re getting a home with both respectable interior space and a generous lot, in a neighbourhood where land tends to be a bit tighter. The assessed value is reasonable relative to local benchmarks, not overpriced. It would suit buyers who want a solid mid-century home with room to expand, garden, or add a garage or shop—people who value yard space over a perfectly updated interior. It’s less suited to someone looking for a turnkey property with modern finishes, though it could work for a buyer willing to invest in renovations on a home with good bones.
Five Possible FAQs
1. How does the lot size compare to other properties in the area?
The lot is 6,596 square feet. It’s above average for Windsor Park (top 19%) and for the city (top 21%), but below the average for Speers Road itself, where lots tend to be larger (7,802 sqft average). So within the immediate street context it’s on the smaller side, but relative to the broader neighbourhood it’s generous.
2. Is the assessed value in line with the market here?
The assessed value is 386k, which is close to the citywide average for comparable homes (390.1k) and above the neighbourhood average (354.2k). It ranks around the middle of the street (32nd percentile) and in the top 16% of Windsor Park. That indicates the home is priced fairly for its location and size, not above typical market expectations.
3. What kind of shape should I expect a 1959 home to be in?
That depends on how the current owners have maintained it. The data here doesn’t cover condition, only year built. A home from this era will typically have older mechanicals, windows, and possibly foundation or roof concerns unless they’ve been updated. Given the assessed value is not notably low, it’s likely in decent shape—but a home inspection is essential.
4. How does this property rank in terms of living area?
The 1,237 square feet is above the street average (1,149 sqft) and the neighbourhood average (1,091 sqft), but below the citywide average for comparable homes (1,342 sqft). So it’s roomy for the immediate area but slightly smaller than what’s typical across Winnipeg as a whole.
5. Is this a good street for resale value?
The street ranks near the top third for assessed values (32nd out of 104) and living area (30th out of 104). The homes are mostly from the late 1950s and early 1960s, which means the street has a consistent character. That’s generally stable for resale—no big surprises—but future value will depend more on how the neighbourhood evolves and how the home is maintained than on any single metric.