900 Elizabeth Road – Property Summary
Key Characteristics & Buyer Profile
This is a compact 720 sqft home on a generous 5,999 sqft lot in Winnipeg’s Windsor Park neighbourhood. The house was built in 1937, so it’s older than most on the street and in the area. Its assessed value sits at $273,000, which is close to the street average but well below the neighbourhood and city medians.
The main draw here is the land. The lot ranks in the top 23% on Elizabeth Road and is larger than many nearby properties. That matters because the house itself is small—below average for the street, neighbourhood, and city. A buyer looking at this property is likely someone who values outdoor space, gardening, parking, or the possibility of future expansion over a turnkey, move-in-ready interior. It could also appeal to someone who wants to get into a stable, established neighbourhood at a lower entry price, accepting that the building will need work or updating. It’s less suited for buyers who want a large, modern home or who aren’t interested in a renovation project.
Five Possible FAQs
1. How does the size of this house compare to others nearby?
The living area is 720 sqft, which is smaller than the street average of 1,065 sqft and well below the neighbourhood average. It ranks in the bottom few percent on Elizabeth Road and citywide.
2. What does the assessed value tell me?
The assessed value of $273,000 is roughly average for the street (ranked 62 out of 131) but significantly below the neighbourhood average of $354,200. This suggests that while the land value may carry some weight locally, the small living area and age are holding the overall assessment down relative to Windsor Park as a whole.
3. Is the year built a concern?
1937 is older than most homes on the street (average 1961) and in the neighbourhood. It ranks among the oldest homes citywide. That means you should expect older systems (plumbing, electrical, foundation) and possibly limited insulation. It’s a property that may require significant maintenance or upgrades.
4. What’s the lot actually like?
It’s 5,999 sqft—larger than average for the street (4,596 sqft) and around the middle of the pack for the neighbourhood and city. That’s a notably generous lot for a home this small, which is the property’s strongest asset.
5. Would this work as a starter home or an investment?
It could work as both, but with clear trade-offs. The low assessed value and small footprint make it an affordable entry point. The lot size gives you room to expand or potentially redevelop, depending on zoning and city rules. That said, the age of the house and below-average condition relative to the neighbourhood mean you’ll likely be putting money into it right away. It’s not a passive hold—it’s a hands-on property for someone willing to invest time and capital.