46 Cascade Bay – Property Summary
Key Characteristics & Buyer Profile
This 1,047 sqft home sits on a 6,286 sqft lot in Winnipeg's Windsor Park neighbourhood, built in 1959. Its assessed value is $367,000.
The property performs consistently around the median across most metrics. On its street, Cascade Bay, it ranks in the top third for both living area and assessed value. Where it stands out most is lot size: the land ranks in the top 26% citywide, and in the top 29% within Windsor Park. That means the lot is meaningfully larger than many comparable homes in the area, which is an asset in an older, established neighbourhood where large lots are becoming less common. The year built (1959) is typical for the street, though slightly older than the citywide average of 1966.
The appeal here is straightforward: you're getting a solid, average-sized home on a notably large lot, in a middle-of-the-pack location value-wise. It doesn't lead the neighbourhood in size or finish, but it doesn't fall behind either. This would suit a buyer who values outdoor space—gardening, room for a shop, or future expansion—more than a move-in-ready interior. It might also appeal to someone looking for a home in a stable, post-war subdivision without paying a premium for the trendier parts of Windsor Park. The price sits slightly above the street and neighbourhood averages, but below the citywide average for comparable homes, suggesting the land is carrying some of the value.
Frequently Asked Questions
1. How does this home compare to others on Cascade Bay?
It's above average for assessed value (ranked 14th out of 50) and right around average for living area and lot size. It's not the standout on the street, but it's solidly in the upper half.
2. Is the lot size considered large for Winnipeg?
Yes, but not exceptionally so. The 6,286 sqft lot ranks in the top 26% citywide, meaning it's larger than about three-quarters of comparable homes. In Windsor Park specifically, it's in the top 29%.
3. Why is the assessed value higher than the street average if the house is average-sized?
The assessed value reflects both the structure and the land. Because the lot is larger than most on the street, it contributes more to the total value. The home itself is typical for Cascade Bay.
4. What does the "year built" ranking tell me?
Built in 1959, it's roughly the same age as most homes on the street (average 1959) and slightly older than the neighbourhood average (1961) and citywide average (1966). Nothing unusual for this area.
5. What are the main things a buyer should look into before viewing?
Given the age (1959), check the condition of major systems: the roof, furnace, electrical, and especially the foundation. With a larger lot, also consider zoning or any restrictions on additions or outbuildings. The value here is partly in the land, so confirm what you can actually do with it.