36 Alderwood Road – Property Summary
Key Characteristics & Buyer Profile
This 1955 bungalow sits on a generous 6,001 sqft lot in Windsor Park. Its main appeal is the land: the lot ranks in the top 14% on the street and top 31% city-wide, which is uncommon for the area. The house itself is modest in size (781 sqft of living space), well below the neighbourhood and city averages, and the assessed value reflects that. The building’s age—one of the oldest on the street—gives it mid-century character, but the living space and value rank low within Windsor Park.
This property suits buyers who value outdoor space over interior square footage. It would work well for someone planning to renovate, expand, or possibly rebuild; the land-to-house ratio leaves room to add value. It’s less suited for buyers who need immediate move-in space or want a house that already matches neighbourhood averages. The location in Windsor Park, a quieter established area, also appeals to those who prefer an older community with mature lots over newer subdivisions.
Frequently Asked Questions
1. How does the assessed value compare to similar homes?
The assessed value is roughly $317,000, which is below the Windsor Park average of $354,000. On the street itself, it’s close to the average. The value is moderate relative to the city overall, ranking in the top 66% of all Winnipeg properties.
2. Is the 781 sqft living area enough for a family?
The living space is smaller than most homes in the neighbourhood. It would suit a couple, single person, or small family comfortable with compact interiors. Those needing more room would likely need to plan for an addition or finishing a basement—if usable space exists there.
3. What’s the condition of a 1955 home?
No condition report is provided here. The 1955 build means the home is older than the Windsor Park average (1961). Buyers should expect systems (electrical, plumbing, roof, windows) may be original or near end of life unless updated. A thorough inspection is recommended.
4. Is the lot size a practical advantage?
At 6,001 sqft, the lot is wider or deeper than many on the street and in the area. It offers room for a large garden, shed, garage expansion, or future infill development, depending on zoning. It’s a tangible asset that often holds value better than the house itself.
5. How does this property fit into the Windsor Park market?
Windsor Park is an older, established neighbourhood with a mix of postwar homes and some newer infills. This property is priced below the neighbourhood average for assessed value, largely because of its smaller living area. It’s a value play for buyers willing to invest sweat equity or hold for land appreciation.