35 Northumbria Bay

35 Northumbria Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,040 sqft home built in 1964, sitting on a 5,823 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its assessed value is $360,000. Compared to similar homes on the same street, it ranks near the middle for living area and assessed value, slightly better for lot size, and notably higher for year built—ranked in the top 15% within the neighbourhood. That last point is worth a closer look: while the home isn’t new, it was built earlier than many nearby homes, which often means more established construction and larger original lot sizes.

The appeal here is straightforward but not flashy. You’re getting a property that doesn’t stand out in any one metric but is solidly average across the board, with a slight edge in land area relative to citywide peers (top 36%). For buyers who value consistency and don’t want to pay a premium for a “best on the block” home, this can be a smart fit. It’s particularly suited to first-time buyers looking for a manageable footprint, families who want a yard without excessive upkeep, or investors seeking a reasonably priced entry into a stable, mid-tier neighbourhood. The 1964 build year also means it’s old enough to have mature trees and established landscaping, but not so old that major systems are likely original.

Frequently Asked Questions

1. How does this home compare to others in Windsor Park?
It’s a fairly typical property for the area. Living area and lot size are close to the neighbourhood averages. The assessed value is slightly above the neighbourhood average, and the year built is a bit earlier than most—ranking in the top 15% locally, which reflects fewer newer homes nearby.

2. Is the $360,000 assessed value a reliable indicator of market value?
Assessed value is a useful benchmark, but it’s not the same as market price. In Windsor Park, recent sales may differ depending on condition, upgrades, and buyer demand. It’s best to look at comparable sold listings in the last 3–6 months for a clearer picture.

3. What does “top 36% for land area citywide” actually mean?
It means this property has a larger lot than about 64% of all comparable homes in Winnipeg. At 5,823 sqft, the lot is slightly below the street and neighbourhood averages, but still generous compared to much of the city—especially newer subdivisions where lots tend to be smaller.

4. Should I be concerned about a 1964 build?
Not necessarily, but condition matters more than age. A 1964 home can have solid bones (older framing, often better wood) but may need updates to electrical, plumbing, insulation, or windows. Always get a home inspection. The age can also be a plus if you want character or a more private lot.

5. How does this property rank for value compared to similar homes citywide?
It sits right at the median for assessed value citywide (top 50%), which suggests you’re getting a fairly priced home relative to the broader Winnipeg market. The living area is below the city average, but the lot is above average—so the value is weighted more toward land than square footage.