41 Peterboro Bay – Property Summary
Key Characteristics & Ideal Buyer Profile
This single-family home in Windsor Park offers 1,296 square feet of living space on a notably large 6,996-square-foot lot. Built in 1966, it ranks first on its street for newer construction age—a detail that matters more for mechanical updates and roof condition than for style. The assessed value sits at $392,000, placing it in the top 18% of its street and top 13% of the broader neighbourhood.
The property’s strongest asset is its land. The lot is in the top 7% on the street and top 17% citywide, which hints at privacy, yard space, or potential for future expansion. Living area is above average for the neighbourhood but slightly below the citywide average—meaning the house itself is not oversized, but the property as a whole offers more outdoor room than most.
Where the appeal lies: You’re getting a solid, mid-century build on a generous lot in a well-ranked neighbourhood for value relative to size. The home is not a gut-reno candidate, but it’s not a trophy flip either. It sits in a sweet spot: newer than neighbours on the street, reasonably valued compared to the city, and with land that stands out.
Who it suits: Buyers who prioritize outdoor space and lot size over square footage, and who want a home in a stable, above-average neighbourhood without paying a premium for a renovated interior. Also suited to someone considering a long-term hold—land in the top 17% citywide has structural value that outlasts surface finishes.
Five Frequently Asked Questions
1. How does this lot size compare to typical Winnipeg homes?
The lot is 6,996 square feet, which ranks in the top 17% citywide. For context, the average for comparable homes across Winnipeg is around 6,570 square feet. On its own street, it ranks 4th out of 57—meaning most neighbouring homes have less yard space.
2. Is the assessed value of $392,000 reasonable for the area?
Yes. The home is assessed above both the street average ($371,400) and the neighbourhood average ($354,200), but sits close to the citywide average ($390,100). This suggests the property holds its value well relative to Windsor Park, without being overpriced compared to the rest of Winnipeg.
3. Does the 1966 build date mean the home needs major updates?
Not necessarily. Being ranked first on the street for newer construction suggests the home may have received timely updates—but the data doesn’t specify what. You should verify the age of the roof, furnace, windows, and electrical panel. Mid-1960s homes are generally solidly built, but mechanical systems typically need attention around the 50- to 60-year mark.
4. How does the living area compare to other homes nearby?
At 1,296 square feet, the living area is above the neighbourhood average (1,091 sqft) and ranks in the top 10% of Windsor Park. However, it sits slightly below the citywide average (1,342 sqft). So you get a home that feels spacious for the immediate area but is not oversized by city standards.
5. Who typically buys in Windsor Park, and what’s the resale outlook?
Windsor Park attracts a mix of first-time buyers, families, and long-term homeowners. The neighbourhood’s above-average rankings for both assessed value and land area suggest steady demand. Because the lot ranks so well citywide, the property may appeal to buyers looking to build or expand down the line—which can support resale value even if the house itself ages.