10 Peterboro Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,232 sqft home built in 1963 on a generous 6,300 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its standout feature is the land: it ranks in the top 11% on its street and top 25% citywide, offering more outdoor space than most comparable homes in the area. The living area is broadly average for the street and the city, but slightly above average for the neighbourhood itself. Assessed value sits at $375k, which is above the neighbourhood median ($354.2k) but close to the citywide average ($390.1k), suggesting the land is the main driver of value rather than the house itself.
The appeal lies in the trade-off: you get a sizeable lot in a well-established area without paying a premium for a larger house. This suits buyers who prioritize outdoor space—gardeners, families wanting room for kids or pets, or anyone planning future renovations or an addition. It's less suited to those who need maximum interior square footage for the price, as the house is modest for its era. The 1963 build means systems and finishes may need updating, which could appeal to buyers looking to add sweat equity or customize finishes.
Five Possible FAQs
1. How does the assessed value compare to similar homes nearby?
The assessed value of $375k is above the Windsor Park neighbourhood average of $354.2k (top 25%), but roughly on par with comparable homes citywide. This reflects the large lot more than the house itself.
2. Is the 1,232 sqft living area considered small or large for the neighbourhood?
It's slightly above average within Windsor Park (top 15%), but average for the street and citywide. It's not unusually small, but it's not oversized either—typical for a well-maintained 1960s bungalow or split-level.
3. What does the land area of 6,300 sqft actually mean for daily use?
It's a wide, deep lot that ranks top 11% on the street. That translates to a sizeable backyard and front yard relative to neighbours. You'd have room for a garden, play structure, or patio without feeling cramped—though it's not estate-sized.
4. How old is the house, and does that affect maintenance expectations?
Built in 1963, which is typical for the area (neighbourhood average is 1961). Homes of this age often need updated electrical, plumbing, or insulation. A home inspection would clarify the condition of major systems, but the price reflects the era.
5. Is this a good fit for someone planning to renovate or expand?
Potentially yes. The large lot gives you space to add square footage without lot line issues, provided zoning permits. However, the existing 1963 layout and finishes may require a full renovation to modern standards—factor that into your budget and timeline.