This is a 1,014 sqft home built in 1961 on a 5,778 sqft lot in Windsor Park. What stands out here is not the size, but the value relative to its street and neighborhood. The assessed value of $368k is above average for Bibeau Bay, ranking in the top 28% of homes on the street. That suggests a well-maintained or updated property compared to its immediate neighbours. The lot size is around average for the street, but the home itself is slightly smaller than the street average of 1,081 sqft.
The appeal here is subtle. You’re not buying the biggest house or the biggest yard. Instead, you’re buying into a street where properties hold higher assessed value—which can be a sign of consistent upkeep and desirability at the block level. The home was also built a year newer than the street average (1961 vs. 1960), ranking in the top 12% of the street for year built.
This property would suit a buyer who values being in an established, mid-range neighborhood with average citywide positioning, but wants a home that sits slightly above its immediate neighbours in terms of value. It’s less suited to someone looking for maximum square footage or a large lot. It may appeal to first-time buyers or investors who see potential in a solid, older home on a decent lot in a stable area.
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How does the living area compare to other homes in Windsor Park?
The home’s 1,014 sqft is slightly below the neighborhood average of 1,091 sqft, ranking in the top 70% locally. It’s a modest but functional size for the area.
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Is the assessed value of $368k a good indication of market price?
Assessed value is not the same as market value, but it’s a useful benchmark. In this case, it’s above the street average ($356.6k) and below the citywide average for comparable homes ($390.1k), suggesting it may be priced competitively for its street.
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What does a “top 12%” rank for year built on the street mean?
It means the home was built more recently than 88% of the houses on Bibeau Bay. While 1961 isn’t new, it’s newer than many of its neighbours, which can be a factor in condition and systems quality.
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How does the lot size affect usability?
At 5,778 sqft, the lot is slightly smaller than the street average of 5,951 sqft, but still within a typical range for a detached home in the area. It’s not oversized, but it’s practical for a yard, garden, or small addition.
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Why is the street ranking for assessed value so different from the citywide ranking?
The street ranking (top 28%) shows the home is above average compared to its immediate neighbours, while the citywide ranking (top 48%) shows it sits near the middle citywide. This can happen when a street has lower overall values than the city average, so being above average on that street still lands in the middle of the broader market.