12 Argonne Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 755 sq ft home built in 1956, sitting on a 4,994 sq ft lot in Windsor Park, Winnipeg. The property is assessed at $322,000 for tax purposes.
The living space is smaller than average across its street, neighbourhood, and city—ranking in the bottom 10% on Argonne Bay and bottom 1% within Windsor Park. The lot is also on the smaller side for the area, though it comes closer to city-wide averages. What stands out is the construction year: this home is tied for the oldest on the street (top 3%), which in a well-established neighbourhood like Windsor Park can mean solid original construction and mature landscaping that newer builds lack. The assessed value sits right around the street average, suggesting it’s priced in line with its immediate neighbours despite the smaller footprint.
The appeal here is less about space and more about location and character. A buyer who values an older, well-positioned home in a settled neighbourhood—and who doesn’t need a large interior or a sprawling yard—would find this worth a look. It suits someone willing to trade square footage for a more affordable entry point into a desirable area, or someone who sees potential in updating a smaller home on a manageable lot. The lower land and living area rankings relative to the neighbourhood also mean less property tax burden compared to larger nearby homes, which is a practical advantage often overlooked.
Frequently Asked Questions
1. How does the living space compare to other homes nearby?
It’s significantly smaller. On Argonne Bay, 35 out of 39 homes have more living area. In Windsor Park, it’s in the bottom 1%. The average home in the neighbourhood is about 1,091 sq ft, so this is roughly 30% smaller.
2. Is the property priced fairly given its size?
The assessed value is almost exactly the street average, so you’re not paying a premium for the address. Compared to the broader neighbourhood and city, it’s below average in value, which reflects the smaller size. For a buyer who doesn’t need extra space, it represents reasonable value relative to its immediate surroundings.
3. What’s the significance of the 1956 build year?
It’s the oldest home on the street, which in Windsor Park often points to better-quality original materials and construction methods. It also means the property has likely been through several maintenance cycles, so a thorough inspection is wise. Older homes in this area tend to have established trees and deeper lots, although this lot is actually on the smaller side for the neighbourhood.
4. What does the land size mean for outdoor use or future expansion?
At just under 5,000 sq ft, the lot is noticeably smaller than most in Windsor Park, where the average is over 6,000 sq ft. This limits major additions but is fine for a garden, patio, or small shed. It also means less yard maintenance. If you’re hoping to expand the house later, check local zoning setbacks closely—space is tight.
5. Who typically buys a property like this?
First-time buyers looking for a more affordable foothold in a central Winnipeg neighbourhood, or downsizers who want a single-storey home (if this is one) without excess space. It may also appeal to investors or renovators who see potential in updating a smaller home in a location where larger properties command higher prices. The modest tax assessment is a bonus for anyone watching ongoing costs.