44 Bittersweet Bay

Property Overview: 44 Bittersweet Bay

Key Characteristics & Buyer Profile

This 1,118 sq ft home, built in 1956, sits on a 5,994 sq ft lot in the Windsor Park neighborhood of Winnipeg. The assessed value is $368,000.

Where the appeal lies: The property sits in a relatively balanced position across key metrics. Its assessed value is slightly above the neighborhood average but below the citywide average—suggesting it may offer better value for its immediate surroundings than for the broader market. The living area is close to both street and neighborhood averages, meaning the home doesn't stand out as unusually small or large for the area. The lot is on the smaller side for the street but more typical for the neighborhood and city.

A less obvious consideration: The year built (1956) is older than most homes in Windsor Park, where the average is 1961. In a neighborhood where three-quarters of homes are newer, this could mean different construction methods, materials, or maintenance history. Buyers should factor in potential updates, particularly around mechanical systems and insulation, which homes from the mid-1950s often require.

Ideal buyers: This property would suit someone looking for a solid, middle-of-the-road home in an established neighborhood. It’s not a fixer-upper or a premium showpiece—it’s a functional, reasonably valued property for someone who wants a home without paying a premium for being “best in class” on any single metric. It may also appeal to buyers who prioritize neighborhood character over the newest construction.

Five Frequently Asked Questions

1. How does the assessed value compare to similar homes in the area?
   The home’s assessed value of $368,000 is slightly above the neighborhood average of $354,200 but below the citywide average of $390,100. On the street itself, it ranks 15th out of 40 homes, putting it in the top 38%.

2. Is the lot size considered small or large?
   At 5,994 sq ft, the lot is below average for the street (6,395 sq ft) but close to the neighborhood average (6,030 sq ft). Citywide, it ranks in the top 33%, meaning it’s on the larger side compared to properties across Winnipeg.

3. How old is the home, and is that typical for the area?
   Built in 1956, the home is five years older than the neighborhood average of 1961. On its own street, it ranks 13th out of 40 for age, meaning it’s among the slightly older homes there too.

4. What does the ranking data actually mean?
   Rankings compare this property to similar homes at three levels: street, neighborhood, and city. A lower rank number is better (e.g., “#15 of 40” means 14 homes rank higher on that metric). The “top %” shows roughly how many properties you’re ahead of. For example, “top 38%” on assessed value means this home is valued higher than about 62% of comparable homes on the same street.

5. Are there any notable trade-offs with this property?
   The main trade-off is between age and value. The home is older than most in the neighborhood, but its assessed value is only slightly above average—so you’re not paying a premium for a newer or completely updated home. The lot size is also a point to consider: average for the neighborhood but below average for the street, meaning neighboring homes may sit on larger lots.