This is a home that stands out for its lot and its street-level value, not for its interior size. The property sits on a 7,837 sqft lot—significantly larger than most homes on the street (top 6%), in the Windsor Park neighbourhood (top 6%), and across Winnipeg (top 12%). That generous land is the main draw here. The house itself is 938 sqft, which is slightly above average for Agate Bay but below average for the neighbourhood and city. It was built in 1956, making it one of the older homes on the street (ranked #1 of 36, top 3%), though it’s fairly typical for Winnipeg as a whole. The assessed value of $380,000 is above average for the street and neighbourhood, and sits near the citywide average.
The appeal is in the trade-off: you get a large, well-located lot in a solid neighbourhood, with a modestly sized mid-century home. This would suit a buyer who either wants space for a future addition, a large yard for gardening or kids, or someone who’s comfortable with a smaller living area but values outdoor space and a quieter street. It’s less suited for someone who needs a large interior or modern finishes right away.
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Is the living area too small for the price?
The square footage (938 sqft) is below the neighbourhood average of 1,091 sqft, but the assessed value is above average for Windsor Park. The value is tied more to the lot size and the street’s strong performance than to the house itself. If you need more space, the land allows for a future expansion or a separate structure (subject to zoning).
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How does this property compare to others on Agate Bay?
It has the highest assessed value per square foot on the street, driven by its lot. It ranks #2 out of 36 homes for assessed value (top 6%) and #2 for lot size. However, its living area is only slightly above the street average, so your money goes into the land, not the house.
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What’s the condition of a 1956 home?
The summary doesn’t include inspection details, but the year built is listed. Older homes from this era often have solid framing and larger lots, but may need electrical, plumbing, or foundation updates. Buyers should budget for potential upgrades, especially if finishes are original.
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Why is the lot rank so much better than the neighbourhood average?
Windsor Park has a fairly standard lot size of around 6,030 sqft, so this property’s lot is about 30% larger than typical. The top 6% ranking reflects that—it’s not an oversized estate, but it’s definitely above average. That makes it a rare find for the street.
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Is this a good investment property?
The combination of a strong street ranking (top 6-14% for value and lot) and below-average citywide living area suggests potential for appreciation if you add square footage or improve the house. The land is the primary asset, and land tends to hold value well. But it depends on your timeline and whether zoning allows for a suite or addition.