10 Almond Bay – Property Summary
1. Key Characteristics & Buyer Profile
This is a 968-square-foot bungalow built in 1958 on a 5,498-square-foot lot, located in Winnipeg’s Windsor Park neighbourhood. The assessed value is $334,000.
What stands out most is the year built. On its own street, this is the oldest home—ranked #1 out of 37. That might sound like a drawback, but it also means it sits among newer neighbours, which can sometimes indicate an opportunity for value appreciation over time if surrounding properties push the street upward. The lot is about average for the street, slightly smaller than the city norm, but still generous for a home this age.
The living area is above average for the street (top 14%), but below average for the neighbourhood and city overall. It’s not a big house, but it’s bigger than most on its block. The assessed value sits near the street average and slightly below the city median, suggesting it’s not overpriced relative to nearby homes.
What type of buyer would this suit? Someone looking for a solid post-war starter home in an established neighbourhood, who values a compact but efficient layout and doesn’t need a lot of square footage. It also appeals to buyers who see potential in an older home with good bones on a street trending upward. Not ideal for anyone needing a large living space or a newer build.
2. Possible FAQs
Q: How does the property compare to others on the same street?
It’s the oldest home on the street (top 3%), but has above-average living space (top 14%). Assessed value and lot size are both around the street average.
Q: Is the assessed value realistic for the area?
Yes. It sits at $334,000, which is in line with the street average of $331,100 and below the neighbourhood average of $354,200. It’s not an outlier.
Q: Why is the living area below average for the neighbourhood but above average for the street?
The street has a mix of smaller and medium-sized homes, while the broader Windsor Park area includes larger houses that pull the neighbourhood average up. On its own block, this home is on the larger side.
Q: Does being the oldest house on the street matter?
It can be an advantage or a risk. Older homes often have better materials and larger lots, but may need more maintenance and updates. Being surrounded by newer homes can also boost resale value if the area is gentrifying.
Q: What’s the lot like compared to typical Winnipeg properties?
The lot is 5,498 sqft, which is slightly below the city median of 6,570 sqft but roughly average for the street. It’s a manageable size for a single-family home, with room for a modest yard.