Key Characteristics & Buyer Profile
This is a 1962 bungalow at 3 Newark Road, in Winnipeg’s Windsor Park neighbourhood. It has 948 square feet of living space on a 5,409 sq ft lot. The property is small for its street and area — the lot is the smallest on the street, and the living space is below average locally and citywide. The assessed value reflects that: at $304,000, it’s the lowest on Newark Road and below the Windsor Park average. The home itself is one of the newer homes on the street (built 1962, when most neighbours are 1961), but it's close to the citywide median for its age.
The appeal here is more about entry point and land than the structure. For a buyer who wants a house in a well-established, middle-ring neighbourhood, this is priced to reflect its smaller footprint. It’s not a home that competes on square footage or curb-side presence. What it offers is access to Windsor Park at a relatively low assessment, which could mean lower property taxes than similar houses nearby. It would suit a first-time buyer, someone looking for a renovation project, or an investor who prioritizes location over space. The smaller lot and house also mean less maintenance — a less obvious plus for someone who wants a yard without the workload of a larger property. The key trade-off is clear: you’re buying into the neighbourhood, not the house.
Frequently Asked Questions
1. How does the property tax compare to others in Windsor Park?
The assessed value of $304,000 is below both the street and neighbourhood averages. That suggests property taxes will be lower than most comparable homes in Windsor Park. The citywide assessment is also slightly below average, so the tax burden should be relatively light for the area.
2. Is the house actually smaller than others in the area?
Yes, across the board. Living area (948 sq ft) ranks 18th out of 19 on the street, and in the bottom 21% for Windsor Park. The lot is also the smallest on Newark Road. If square footage or yard space is a priority, this property won’t compete with neighbours.
3. What’s the neighbourhood like?
Windsor Park is a stable, mature residential area in Winnipeg. It’s primarily post-war bungalows and split-levels, with good access to schools, parks, and major routes. The housing stock is older, so renovation activity is common. The area tends to appeal to families and long-term homeowners.
4. How old is the house, and does that matter?
Built in 1962, it’s slightly newer than the street average (1961) but a few years older than the city median (1966). A house of this age will likely need updates to mechanicals, windows, or insulation. A pre-purchase inspection is strongly recommended. The age also means the layout may be more compartmentalized than modern open-concept designs.
5. Should I buy this as a renovation project?
It depends on your budget and goals. The low assessment and smaller size mean the purchase price should be accessible, leaving room for renovations. But because the lot and house are both small, you’re limited in how much you can expand. This works best for cosmetic updates or a modest reno, not a major addition. Check local zoning and setback rules before planning any structural changes.