14 Buttonwood Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040 sqft home built in 1958 on a 6,296 sqft lot, located in the Windsor Park area of Winnipeg. The property’s main strength is its land: it’s above average compared to similar homes on the same street, in the neighbourhood, and citywide. The lot ranks in the top 25% citywide, which suggests more outdoor space than many comparable properties. The year built is also a standout on the street level—ranked 3rd out of 37 homes, meaning it’s slightly older than most of its immediate neighbours, but that often matters less to buyers focused on lot size or location. The living area is near the average for the street and neighbourhood, and the assessed value of $360,000 falls between the street and neighbourhood averages, offering what looks like reasonable value relative to the larger lot.
The appeal here is pragmatic. A buyer gets a solidly average interior with a notably larger-than-average yard in a stable, mid-range neighbourhood. It would suit someone who values outdoor space—maybe for gardening, a workshop, or room for kids or pets—over a more recently renovated or expanded interior. First-time buyers or those looking to downsize without losing outdoor room might find it practical. The home’s age means it’s likely seen updates over the decades, but the land is the real asset; a buyer could potentially renovate or eventually redevelop, given the lot size. That said, the property isn’t flashy or premium by citywide standards—it’s a solid, unremarkable home with a good piece of land.
Five Possible FAQs
1. How does the living space compare to other homes in the area?
It’s about average. The 1,040 sqft is slightly below the neighbourhood average of 1,091 sqft, but still in the top 55% locally. On the street itself, it ranks 23rd out of 37 homes—so it’s not small, but not generous for the area.
2. Why is the year built considered a positive on this street?
Because it’s older than many of its direct neighbours (built 1958 vs. a street average of 1956), and older homes in this context often come with larger lots and more established landscaping. Citywide, it’s still average for its era.
3. Is this a good investment property?
The land is the stronger asset here. At $360,000 assessed, the value is close to the street and neighbourhood averages, but the lot size is above average citywide (top 25%). That suggests potential for long-term appreciation or future redevelopment, though it’s not a clear bargain for immediate flips.
4. What type of buyer would feel most at home here?
Someone who wants a quiet, established neighbourhood with a decent-sized yard, but doesn’t need a huge interior. It’s a practical choice for a family who spends time outdoors, or a buyer who sees the land as a long-term opportunity rather than expecting a fully modernized house.
5. How does the assessed value stack up against larger citywide trends?
It’s right at the middle—ranked 50th percentile citywide. That means it’s not overpriced compared to other Winnipeg homes, but also not a standout deal. The value is consistent with the neighbourhood, and the land is the main thing setting it apart from similarly priced properties.