55 Burning Bush Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1956 bungalow in Winnipeg’s Windsor Park neighbourhood with 1,104 square feet of living space on a notably large 6,998-square-foot lot. The home’s strongest feature is the land: it ranks in the top 13% on the street and top 12% in the neighbourhood for lot size, making it one of the bigger properties in the area. The assessed value sits at $341,000, which is below both the street and city averages—reflecting the home’s older bones and modest footprint rather than any location-based discount.
The appeal here is straightforward: a generous yard in an established neighbourhood, at a price point that undercuts many comparables. It would likely suit buyers who value outdoor space over interior square footage—families wanting a proper garden or room for a shop, or those open to a renovation project where the land provides long-term flexibility. The home’s age (1956) means systems and finishes may date from earlier decades, but the lot alone offers potential that newer, tighter subdivisions rarely match.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
The property is assessed at $341,000, which is roughly 5.5% below the street average of $361,100 and about 12.5% below the Winnipeg average for comparable homes ($390,100). It ranks in the bottom third of the street by value but sits closer to the middle of the neighbourhood and city.
2. Is the home considered small for the area?
Slightly. At 1,104 square feet, it falls just below the street average of 1,148 sqft and the neighbourhood average of 1,091 sqft—so it’s within range, not undersized. It’s the living area rank (top 53% on the street) that tells the fuller story: average for the block, not notably small or generous.
3. What’s the lot actually like for outdoor use?
At nearly 7,000 square feet, it’s well above typical for both the street (6,267 sqft average) and the city (6,570 sqft average). That extra 10–15% translates into a yard that feels roomier than most in Windsor Park, suitable for gardening, play structures, or future additions if zoning allows.
4. How old is the house, and does that matter practically?
Built in 1956, it’s one of the older homes on the street (top 21% by age) but typical for the wider neighbourhood, where the average build year is 1961. The practical implication: original or early-era mechanicals (furnace, electrical, plumbing) may be original or near end-of-life. A pre-purchase inspection is wise to gauge what’s been updated.
5. What type of buyer would this property not suit?
Anyone wanting a move-in-ready home with modern finishes, open-concept layout, or a large interior will find this property limited. The value proposition rests heavily on the land—so buyers who prioritize square footage over outdoor space, or who aren’t prepared to invest in updates, should look elsewhere.