43 Blueberry Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1956 bungalow with 998 square feet of living space on a 6,496-square-foot lot. Its standout feature is the land: the lot ranks in the top 11% on the street, top 22% in the neighbourhood, and top 22% citywide. That’s notably larger than the typical lot in Windsor Park, which averages around 6,030 square feet. The assessed value is $367,000—above the street average of $333,300 and roughly in line with the neighbourhood median. The living area is slightly below the Windsor Park average of 1,091 square feet, but comparable to other homes on Blueberry Bay itself.
The appeal here is not a turnkey interior or a trendy address. It’s the combination of a generous lot in a mid-century neighbourhood, with assessed value that suggests reasonable pricing relative to the street. Buyers who would suit this property are those who prioritize outdoor space or the potential to expand, renovate, or add a garage or laneway suite. It would also work for someone looking for a solid, unrenovated home in an established area where they can add sweat equity. Windsor Park tends to attract families, tradespeople, and long-term homeowners—this fits that mold. The year built (1956) puts it on the older side even for the neighbourhood, so buyers should expect some deferred maintenance and budget accordingly.
Frequently Asked Questions
1. How does the lot size compare to other homes in the area?
The lot is 6,496 square feet, which is larger than roughly 78% of properties in Windsor Park and nearly 90% of homes on Blueberry Bay. The street average is 5,623 square feet, so this is a meaningful difference, especially for anyone wanting a big yard, garden space, or room for a future addition.
2. Is the assessed value of $367,000 a reliable indicator of market price?
Assessed value is a lagging indicator based on city-wide formulas and doesn't always reflect current market conditions. In this case, the property is assessed above the street average but close to the neighbourhood average, suggesting it’s not an outlier. Still, a comparative market analysis from a local agent would give a clearer picture.
3. What condition is the house likely in, given it was built in 1956?
No condition details are provided here, but a 1956 build means systems like the furnace, electrical, plumbing, and roof may be original or updated at various points. Buyers should budget for potential updates, especially to insulation, windows, and mechanicals. A home inspection is strongly recommended, and it’s worth checking for knob-and-tube wiring or old cast-iron plumbing.
4. Does the smaller living area affect resale value or mortgage approval?
At 998 square feet, the living area is slightly below the neighbourhood average, but not unusually small for a postwar bungalow. It won’t typically affect mortgage approval, though some lenders have minimum square footage requirements for certain loan programs. Resale value here is more tied to the lot and location than interior size.
5. What is Windsor Park like as a neighbourhood?
Windsor Park is a mostly residential, mid-century suburb of Winnipeg with a mix of bungalows, split-levels, and two-storey homes. It’s known for its large lots, mature trees, and proximity to parks, schools, and the Red River. It appeals to buyers looking for space and affordability compared to more central neighbourhoods, but it’s less walkable and more car-dependent.