2 Buttonwood Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1956-built single-family home with 1,212 sq ft of living space on a 6,528 sq ft lot. What stands out is that it's larger than most homes on its street and in the Windsor Park neighbourhood — it ranks in the top 17% for living area locally and top 14% on its own block. The lot is also above average at every level: street, neighbourhood, and citywide, sitting in the top 22% across Winnipeg. The assessed value is $371,000, which is above the street and neighbourhood averages but slightly below the city median.
The appeal here is less about standout luxury and more about solid proportions. You get more space than the typical home in this area without paying a premium that matches the size advantage. The lot in particular offers room that many comparable homes in the city don't have. The building itself is older than the neighbourhood average but comparable to other homes on the same street, which suggests a more established, consistent streetscape.
This property would suit a buyer who values square footage and outdoor space over a newer build. It's a practical choice for someone who wants room to grow — whether that means a family, a garden, or future renovations — and is comfortable with a home that has character and age rather than a turnkey finish. It's less suited for someone who prioritizes modern construction or a low-maintenance yard.
Frequently Asked Questions
1. How does this home compare to others on Buttonwood Bay specifically?
On its own street (37 homes total), it ranks 5th in living area, 5th in lot size, 7th in age (tied with the street average of 1956), and 8th in assessed value. So it's one of the larger, more valuable homes on the block, but not the most expensive relative to its size.
2. Is the assessed value of $371,000 a good deal?
Relative to the neighbourhood average of $354,000 and street average of $348,000, it's above both. But given that the home is also above average in size and lot, the value per square foot is reasonable. It's not a bargain, but the pricing aligns with the extra space you're getting.
3. What's the lot actually useful for?
At 6,528 sq ft, it's larger than 78% of properties citywide. That gives you room for a substantial garage, a large deck, a garden, or even a future addition — depending on zoning. It's a meaningful differentiator in a city where lot sizes are shrinking.
4. The home was built in 1956 — should I expect major issues?
Homes from that era often have solid construction but older systems. Compared to the neighbourhood (average build year 1961) and city (1966), this home is older than the norm. You'd want to check the roof, furnace, electrical, and plumbing. The fact that it's on a street of similarly aged homes suggests the area is established, not neglected.
5. How does this property stack up across Winnipeg as a whole?
Living area and lot size are both in the top half of the city (49th and 22nd percentiles respectively). Assessed value is close to the city median (47th percentile). So it's a home that offers above-average physical space at a price that's essentially average for Winnipeg — a favourable trade-off if you care about square footage more than a trendy location.