13 Greenwich Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,112 sqft single-family home built in 1962, sitting on a 6,300 sqft lot in the Windsor Park neighbourhood (Greenwich Bay street). Its assessed value is $362,000.
The property’s main appeal is its land. The lot is above average compared to other homes on the same street (top 23%), in the neighbourhood (top 26%), and across the city (top 25%). For buyers who value outdoor space, yard potential, or future expansion possibilities, that’s a meaningful differentiator. The year built is also above average relative to nearby homes—it’s one of the older properties on the street (top 13%), which can be a positive if you prefer a more established structure or a neighbourhood with mature trees and settled landscaping.
The living area and assessed value sit around average in all three comparison categories—street, neighbourhood, and city. The home isn’t oversized or undervalued for its context; it’s a solid, mid-range option that doesn’t stand out on square footage or price. That makes it practical rather than flashy.
This property would suit buyers who prioritize lot size over interior square footage—someone looking for a fixer-upper with room to build out, a family wanting a decent yard in a well-ranked neighbourhood, or an investor who sees value in the land. It’s less suited for someone who needs a large finished home right away or is chasing top-tier resale value in the near term.
Five Frequently Asked Questions
1. How does this home’s assessed value compare to others nearby?
It’s around average. On the street, it ranks 22 out of 40—slightly below the street average of $368,200. In the neighbourhood, it’s above average for the Windsor Park group ($354,200). Citywide, it sits roughly at the midpoint. So you’re not paying a premium for the location, but you’re also not getting a bargain compared to similar homes.
2. Is the lot size unusually large?
Yes, relative to comparable homes. At 6,300 sqft, it outperforms the street average (6,094 sqft), the neighbourhood average (6,030 sqft), and ranks in the top 25% citywide. If you’re comparing it to newer infill builds or cookie-cutter subdivisions, this is a noticeably bigger piece of land.
3. Why is the year built considered above average if it’s from 1962?
Because the comparison is relative to similar homes in that context. On this street (Greenwich Bay), the average build year is also 1962, but this home is older than most—ranked 5 out of 40. In the broader neighbourhood, the average is 1961, so it’s slightly newer than many. Citywide, the average for comparable homes is 1966, so this one is older than typical. “Above average” here means it’s on the older side of the local range, which some buyers actually prefer.
4. What does “living area around average” mean in practical terms?
It means the square footage (1,112 sqft) is very close to the median for similar homes on this street (1,136 sqft) and in the neighbourhood (1,091 sqft). You’re not getting a cramped layout or an oversized space—just a typical, functional floor plan for this area. Citywide, the average for comparable homes is higher (1,342 sqft), so this home is slightly smaller than the city norm, but still within a common range.
5. How is the ranking system calculated?
Rankings compare this property to “comparable homes” in the same street, neighbourhood, and city categories. For land area and year built, a higher rank (smaller number) is better (larger lot, newer home). For living area and assessed value, larger is better. The bar fill length shows the percentage of peers you outperform, and the colour tiers (red, blue, amber, gray) give a quick visual for where the home stands—from above average to below. The “Avg” shown is a rough median for that group, not an exact average.