Here is a clean, standalone summary of the property at 7 Carolyn Bay.
Key Characteristics & Buyer Profile
This is a 1972-built, 864 sqft home in Windsor Park, Winnipeg, sitting on a 5,182 sqft lot. Its primary appeal lies in its construction year and neighborhood context. Built in 1972, it is newer than 97% of homes in the Windsor Park area (ranked #92 out of 3,307), which is an unusually strong stat for a property of this age. The assessed value of $342,000 is roughly average for the neighborhood and slightly below the citywide average for comparable homes, suggesting the price reflects the home’s smaller footprint rather than its location or vintage.
The property’s appeal is not about space. At 864 sqft of living area, it is below average on its own street, in the neighborhood (bottom 13%), and citywide. Similarly, the lot is on the smaller side for the area. The real draw is value relative to age: you get a home from the early ’70s—a decade that often offers solid construction and established landscaping—at a price point that doesn’t carry a premium for being “newer.” It would suit a buyer who prioritizes being in a more mature, stable part of the city (Windsor Park) and values a home that is already standing in a well-established context, rather than needing a large floor plan or a big yard. This is a practical fit for a first-time buyer, a small family, or someone downsizing who wants a solid, unpretentious home in a middle-of-the-road assessment range.
Frequently Asked Questions
1. How does the living area compare to similar homes nearby?
The 864 sqft is below the average for homes on Carolyn Bay (1,031 sqft), in Windsor Park (1,091 sqft), and citywide (1,342 sqft). It is a compact home for its street and neighborhood, ranking in the bottom 20% locally.
2. Is the property overpriced for its size?
The assessed value of $342,000 is slightly below the street average ($380k) and below the citywide average for comparable homes ($390k). It sits around the middle of the Windsor Park range, suggesting the smaller square footage is already reflected in the price, not hidden.
3. What is the significance of the 1972 build year?
It is newer than 97% of homes in Windsor Park (ranked #92 out of 3,307). This indicates the surrounding housing stock is predominantly older, and this home is part of a later wave of development in that pocket. Buyers often find ’70s homes have more practical layouts and better storage than some ’50s and ’60s homes.
4. Is the lot size a problem for this property?
At 5,182 sqft, the lot is below average for the street (6,278 sqft) and the neighborhood (6,030 sqft). It is not exceptionally small for the city overall (around the median), but it is below par for its immediate area. The yard is modest, not restrictive.
5. What is the neighborhood like in terms of investment profile?
Windsor Park ranks in the middle range citywide for assessed values (top 57%). The home itself is assessed at a point that is average for the area. This suggests steady, unspectacular market behavior—neither a high-growth hot spot nor a declining zone. It is a stable, entry-level to mid-range area in Winnipeg.