8 Buttonwood Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1956-built single-family home with 1,054 sq ft of living space and a 5,991 sq ft lot, located in Windsor Park. Its assessed value is $382,000.
What stands out here is value relative to its immediate surroundings. Within its own street, the property ranks in the top 11% for assessed value, meaning it’s one of the more expensive homes on Buttonwood Bay—but by a modest margin (the street average is $348,000). This suggests a well-maintained or updated home in a block where many properties are slightly lower-valued.
The living area is almost exactly average for both the street and the wider Windsor Park neighborhood. It’s not notably large or small. The lot size is also close to the neighborhood norm. The house itself is a bit older than the Windsor Park average (built 1956 vs. 1961), but in a street where most homes share the same vintage. That means you’re getting a mature, established property rather than something newer or renovated.
This property would suit a buyer who wants a solid, middle-of-the-road home in a stable neighborhood—someone who isn’t looking for maximum square footage or a modern build, but values a reasonable lot, a good location within the street, and a price point that’s competitive compared to the city overall (assessed value ranks in the top 43% citywide). It might appeal especially to buyers who prefer a street with consistent character and age over a neighborhood with more varied housing stock.
Frequently Asked Questions
1. Is the assessed value of $382,000 a realistic market price?
Not necessarily. Assessed values are used for property tax calculations and may not reflect current market conditions. In a street where the average assessment is $348,000, this home is on the higher end—so it’s likely priced accordingly, but you’d want to compare with recent sales in Windsor Park for a clearer picture.
2. How does the age of the home affect its condition?
Built in 1956, it’s older than much of the surrounding neighborhood. That can mean original construction details, but also potential for older systems (plumbing, electrical, insulation). Worth checking what has been updated and what hasn’t—especially if the assessed value suggests some improvements have been made.
3. Is a 5,991 sq ft lot considered small or large for the area?
It’s very close to the Windsor Park average of 6,030 sq ft and the street average of 5,958 sq ft. So it’s typical—not unusually spacious, but not cramped either. Fine for a yard, gardens, or a small addition, but don’t expect extra room for a large garage or extended structure.
4. Are there any red flags in the rankings?
Nothing dramatic. The home is below average in living space compared to the city as a whole (1,054 sq ft vs. 1,342 sq ft), but that’s typical for Windsor Park. The biggest outlier is the assessed value ranking on the street (top 11%)—worth understanding why, as it could mean the home has been upgraded or the neighbors’ values are lower for some reason.
5. What kind of neighborhood is Windsor Park?
Windsor Park is a well-established, mostly residential area in Winnipeg with a mix of postwar homes and newer infills. It’s known for mature trees, decent lot sizes, and proximity to parks and schools. It’s not a high-end or trendy area, but it’s stable and family-friendly—appealing to buyers who want a quiet street without paying a premium.