47 Ormiston Road – Property Summary
Key Characteristics & Buyer Profile
This is a 1972-built home with 864 sqft of living space on a 5,609 sqft lot, located in Windsor Park, Winnipeg. Its assessed value is $359,000.
The property's strongest feature is its build year. On Ormiston Road, it's tied for second newest among 23 homes (top 9%). Within the broader Windsor Park community, it ranks in the top 3% for newer construction, where the average home was built in 1961. For a buyer who prioritizes a more modern structure without paying for a brand-new build, this stands out.
The living area is below average across all comparison ranges—smaller than most homes on its own street, in the neighbourhood, and citywide. The lot size is close to average locally but slightly below the city norm. The assessed value sits near the middle for Windsor Park and Winnipeg overall, but is below the Ormiston Road average.
Who it suits: Buyers who value a newer shell in an established neighbourhood and are willing to trade square footage for that freshness. It may particularly appeal to those who see potential in a smaller floor plan—first-time buyers, downsizers, or someone who prefers to invest in a solid structure over extra rooms. It's less suited to anyone who needs generous interior space or a large lot right away.
Frequently Asked Questions
1. How does the living space compare to other homes in the area?
It's about 160 sqft smaller than the average on Ormiston Road and over 200 sqft smaller than the citywide average for comparable homes. Within Windsor Park, it ranks in the bottom 7% for size.
2. Is the property over- or under-valued relative to its neighbours?
The assessed value is slightly below the street average but close to the neighbourhood and city medians. Given its newer construction but smaller size, the assessment appears balanced—you're paying a modest premium for the newer build relative to the street, but not relative to the wider area.
3. What does "newer construction" mean for a 1972 home?
On Ormiston Road, many homes date from the same era, so 1972 is effectively tied for newest. In Windsor Park, where the average home is from 1961, this property is roughly a decade newer than typical. That can mean differences in original wiring, insulation standards, and foundation approaches, though updates may vary.
4. How does the lot size affect usability?
At 5,609 sqft, the lot is slightly smaller than average for the street and neighbourhood. It's typical for the area—enough for a yard and garage space, but not oversized. If you're comparing to newer suburban subdivisions, this would be considered a modest city lot.
5. What should I look into before viewing?
Given the smaller floor plan and 1972 build, pay attention to how the layout uses the 864 sqft—some homes of this era have wasted space or odd room divisions. Also check the condition of the roof, windows, and mechanicals, as a newer build year doesn't guarantee recent updates. Lot orientation and privacy from neighbours matter more here than on a larger property.