Key Characteristics & Appeal
This is a 1,249-square-foot home built in 1956 on a 4,997-square-foot lot in Windsor Park (Boulder Bay). Its standout feature is space inside: the living area ranks in the top 15% on its street and top 14% in the neighbourhood, making it noticeably larger than nearby homes of the same type. The assessed value of $368,000 sits above the street average (top 12%) but is only around average for the neighbourhood and city, suggesting you get more square footage for roughly the same money as smaller homes nearby.
The trade-off is the lot. The land area ranks in the bottom quarter on the street and bottom 8% in the neighbourhood—this is a compact yard compared to neighbours. The home itself is also slightly older than the neighbourhood average (1956 vs. 1961), though it’s not unusual for its street.
Who it suits: Buyers who prioritize interior living space over a big yard—families or downsizers who want room to spread out inside, without the maintenance of a large lot. It also appeals to someone looking for value in a well-established area; because the assessed value is on par with the neighbourhood despite the extra square footage, it may offer more “home for the dollar” than other houses in Windsor Park.
Five Possible FAQs
1. How does the property compare to others nearby in terms of value?
On its street, the home’s assessed value is well above average—ranked 4th out of 34. But in the wider neighbourhood, it sits around the middle (top 33%). The extra living area likely explains the higher street-level value without pushing it far above the neighbourhood norm.
2. Is the lot size unusually small for the area?
Yes, relative to the neighbourhood. The lot is just under 5,000 sqft, which ranks in the bottom 8% for Windsor Park. On its own street it’s slightly below average, but not as extreme. If outdoor space is a priority, this may feel tight compared to typical lots nearby.
3. The home was built in 1956. Should I expect older construction issues?
Not necessarily, but it’s worth paying attention to. The home is older than the neighbourhood average (1961) and the city average (1966). While many 1950s homes in Winnipeg are well-built, you’ll want to check for updates to mechanicals (furnace, electrical, plumbing) and insulation, which are common considerations for homes of this vintage.
4. Why is the assessed value only around average for the city even though the home is larger than many?
Assessed value reflects a combination of factors—living area, land, age, condition, and location. While the interior is larger than many comparable homes citywide, the compact lot and older construction likely offset that advantage. Also, the area (Windsor Park) may have different price dynamics than higher-value parts of Winnipeg.
5. How can I see how this home stacks up against specific nearby houses?
The property listing includes a link to a neighbourhood analysis map. That tool will show you side-by-side comparisons of year built, living area, assessed value, and lot size for surrounding homes, which is useful for getting a real feel for how it fits in.