950 Elizabeth Road – Property Summary
Key Characteristics & Ideal Buyer Profile
This property offers a living area of 1,188 square feet on a notably large 7,200-square-foot lot. Compared to other homes on Elizabeth Road, the lot size ranks in the top 6%, and the assessed value ($372,000) is above the street average of $291,600. The house was built in 1952, so it’s older than most nearby homes—which places it below average for the street and the Windsor Park neighborhood in terms of age. Citywide, it sits around the median for both size and value.
The main appeal lies in the land. For buyers who value outdoor space, a larger yard, or potential for future additions or gardening, this lot stands out in an area where typical lots are smaller. The home itself is solidly mid-range in size and value, meaning it’s not unusually small or overpriced for the city. It’s a practical option for someone who wants more land without paying a premium for a fully updated or newer house.
This property would suit buyers who are comfortable taking on a slightly older home—perhaps first-time buyers wanting room to grow, or homeowners looking for a fixer-upper in a well-ranked location. It may also appeal to those who prioritize yard space over a recently renovated interior, or investors seeking a property with strong land value in a stable neighbourhood.
Frequently Asked Questions
1. Why is the year built considered below average on this street and in the neighborhood?
Most comparable homes on Elizabeth Road and in Windsor Park were built around 1961. At 1952, this house is roughly nine years older, which puts it in the lower tier for age. That doesn’t mean it’s in poor condition—just that it predates many surrounding homes.
2. How does the assessed value compare to similar houses citywide?
The assessed value of $372,000 is slightly below the citywide average of $390,100 for comparable homes. On Elizabeth Road, it’s well above the street average ($291,600), which reflects the larger lot and possibly other features that boost local demand.
3. What does “ranked #21 out of 131” on the street mean for living area?
It means the house has a larger living area than 84% of comparable homes on Elizabeth Road. It’s in the top 16% for size on that street, which is a strong position locally even though it’s close to average across the whole city.
4. Is the land area unusually large for Winnipeg?
Yes. At 7,200 square feet, the lot ranks in the top 15% citywide. Locally, it’s in the top 6% on the street and top 10% in the neighbourhood. This is a standout feature—most comparable homes have smaller lots.
5. What does the “bar fill” and colour coding in the rankings mean?
The bar shows roughly what share of comparable properties you outperform for that metric. A longer bar means a higher percentile. Colours (red, blue, amber, gray) indicate performance tiers—typically red signals a strong ranking, blue or amber average, and gray below average.