17 Argonne Bay – Property Summary
Key Characteristics and Buyer Profile
This is a 1955-built home with 898 sq ft of living space on a 5,192 sq ft lot, located in Winnipeg’s Windsor Park neighbourhood. Its assessed value (for property tax purposes) is $321,000.
The home’s appeal lies in its relative affordability within the local market. On its own street (Argonne Bay), the property sits very close to the average in terms of both size and assessed value—ranking 18th out of 39 homes for living area and 19th out of 39 for value. This means it’s a fairly typical house for the block, neither unusually small nor overpriced compared to its immediate neighbours. The lot size also falls near the middle of the street.
Where it stands out is in its wider context. Compared to the broader Windsor Park community and Winnipeg as a whole, the home is smaller than average (ranking in the bottom 16% citywide for living space) and valued below the median for the city. The land parcel, while average for the street, is also below typical sizes for the neighbourhood and city.
This property would best suit a buyer who is looking for a modest, entry-level home in a well-established area, and who is comfortable with a smaller footprint. It may be a good fit for someone who values being on a street where the houses are similar in character and price range, without paying a premium for a larger or newer home. The older construction year (1955) may appeal to those who appreciate mid-century builds and are open to potential updates or renovations.
Frequently Asked Questions
1. How does the home's size compare to others nearby?
On Argonne Bay, the 898 sq ft living area is almost exactly average for the street. However, it is noticeably smaller than the typical home in Windsor Park (average 1,091 sq ft) and well below the citywide average of 1,342 sq ft.
2. Is the property affordable relative to similar homes?
Yes, in relative terms. Its assessed value of $321,000 is just under the street average ($323,000) and below the Windsor Park and city averages ($354,000 and $390,000, respectively). This suggests it is priced competitively within its immediate and wider markets.
3. What should I know about the home’s age and condition?
Built in 1955, this home is older than most on its street (average 1956) and significantly older than the Windsor Park and city averages. Buyers should expect that systems (plumbing, electrical, roof) and finishes may be original or require attention, though the summary does not provide details on recent updates.
4. How large is the lot, and what does that mean practically?
The lot is 5,192 sq ft, which is slightly smaller than the street average and well below the neighbourhood and city averages. This likely means a manageable yard for upkeep, but less space for additions, extensive gardens, or large outbuildings compared to other properties in the area.
5. Is this a good investment property?
That depends on your goals. The home’s below-average size and older age may limit appreciation compared to larger or newer homes in the area. However, its price point relative to the street and city could offer a lower barrier to entry, and Windsor Park is a stable, established neighbourhood. As with any older home, a thorough inspection is essential to understand potential capital costs.