75 Bibeau Bay – Property Summary
Key Characteristics & Buyer Profile
This is a single-family home built in 1961 on Bibeau Bay in Winnipeg’s Windsor Park neighbourhood. The living area is 1,457 square feet, which places it at the top of its street—ranked #1 out of 76 comparable homes in that immediate area. Within Windsor Park, it sits in the top 6% for size, and citywide it lands in the top third. The lot is 5,778 square feet, slightly smaller than average for the street and neighbourhood, but still within a typical range.
Where this property stands out most is in its combination of generous interior space and a strong street-level ranking for both size and age (it’s one of the newer homes on Bibeau Bay). Its assessed value of $348,000 is around average for the street and neighbourhood, and slightly below the citywide average for comparable homes. That suggests the price isn’t being driven upward by speculative pressure—it’s more of a solid, functional asset than a flashy investment.
The appeal here is practical. You get a well-sized home in a neighbourhood where similar properties tend to be a bit smaller, on a street that’s relatively consistent in character. It’s not a mansion, and it’s not on a huge lot, but it offers more living space than most of its immediate neighbours. That makes it a strong fit for buyers who want room to grow—families, first-time buyers looking for a long-term home, or anyone who values interior square footage over a big yard. It’s also a good match for someone who wants to avoid the top tier of pricing in the city while still landing in a respected, above-average pocket of Winnipeg.
FAQs
1. How does the living area compare to other homes in Windsor Park?
It’s well above average. The neighbourhood average for comparable homes is 1,091 square feet, so this property offers about 366 more square feet—roughly a third larger. That’s a meaningful difference, especially if you’re comparing homes in the same price range.
2. Is the assessed value a reliable indicator of market price?
Not always, but in this case it’s a reasonable starting point. The assessment is near the street and neighbourhood averages, and slightly below the citywide average. In a balanced market, you might expect the sale price to land close to that figure, but it’s worth checking recent sales on Bibeau Bay and nearby streets for a clearer picture.
3. How does the lot size affect usability?
The lot is 5,778 square feet—slightly smaller than the street average (5,951 sqft) and the neighbourhood average (6,030 sqft). It’s not a compact lot, but it’s also not oversized. If you want a large garden or room for extensions, you might find it tight. For standard outdoor living—patio, small yard, parking—it should work fine.
4. Why is the home ranked #1 on its street for living area but only #9 for year built?
That’s common. On Bibeau Bay, the homes are mostly from the early 1960s, with an average build year of 1960. This house was built in 1961, so it’s newer than most but not dramatically so. The living area ranking is more striking because the street has a mix of smaller homes, and this one is noticeably larger than the pack.
5. Who would this property not suit well?
Buyers who prioritize a large lot above all else might be better off elsewhere—there are homes in Windsor Park with bigger yards. Also, if you’re looking for a recently renovated or modern-style interior, this is a 1961 build, so expect original features or the need for updates unless previous owners have done work. It’s a solid, unflashy home, not a turnkey showcase.