Here is a clean, standalone summary of the property at 45 Durham Bay, formatted for direct web display.
Property Overview: 45 Durham Bay
Key Characteristics & Buyer Profile
This is a 1,041 sqft home built in 1960, sitting on a sizable 6,298 sqft lot in Winnipeg’s Windsor Park neighbourhood. Its appeal lies in the land. While the house itself is modest in size—below average for its own street—the lot is well above average, ranking in the top 28% of the neighbourhood and top 25% citywide. This suggests a property whose primary value may be in the outdoor space and potential for future expansion or redevelopment, rather than the current living area.
The assessed value of $353k is slightly below the citywide average for comparable homes, which aligns with the smaller-than-average living space. However, the lot size and the 1960 build year (which is older than the citywide average but typical for the neighbourhood) create a specific opportunity. This property would best suit a buyer looking for a single-detached home on a generous lot in an established area, who is comfortable with a fixer-upper or values outdoor space more than square footage inside. It is less suited for someone seeking a turnkey, spacious home.
Five Frequently Asked Questions
1. How does the living area compare to other homes in Windsor Park?
The 1,041 sqft living area is around average for the neighbourhood, ranking in the top 54%. However, it is below average compared to other homes on Durham Bay itself, so expect houses directly next door to be slightly larger.
2. Is the assessed value considered high or low for the area?
It is around average for both Windsor Park and the city as a whole. On Durham Bay specifically, the value is slightly below the street average of $372.5k, reflecting the smaller living area relative to immediate neighbours.
3. What are the implications of the above-average lot size?
The 6,298 sqft lot is notably larger than typical properties in the area. This usually means more yard space, potential for a garage or shop, and possibly less neighbour proximity. For some buyers, this provides future development options, but it also means more ongoing maintenance.
4. How does the home's age affect its desirability?
At 1960, the build year is slightly older than the citywide average of 1966. In Windsor Park, this is fairly typical. Older homes often feature solid construction and established landscaping, but may require updates to systems (electrical, plumbing, insulation) and finishes. The property is the 5th oldest on Durham Bay, placing it in the top 13% for age on the street.
5. What is the most practical reason to consider this property?
The most straightforward reason is value per square foot of land. You are paying for a generous lot in a well-ranked neighbourhood at a near-average price for the area. If you can overlook a slightly smaller house and older construction, this could offer more long-term flexibility and outdoor space than a comparably priced, smaller-lot home.