12 Northumbria Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,232 sqft home sits on a 6,300 sqft lot in Windsor Park, built in 1964. Its standout feature is strong relative value within the immediate neighbourhood. On Northumbria Bay, it ranks in the top 16% for assessed value ($392K) and top 20% for land area, while the living area is above average but not exceptional. The property’s appeal lies in having more land and higher value than most nearby homes, without being oversized or overbuilt. It offers a practical balance: inside space that matches the street’s average, but outside space that gives you room to expand, garden, or simply not feel cramped. Citywide, it sits around the median across all metrics—it won’t impress on paper across Winnipeg, but it’s a strong performer relative to its immediate neighbours. This would suit buyers who prioritize neighbourhood standing and outdoor space over interior square footage, or those looking for a solid mid-century home in a mature area where lots of this size are becoming rarer. It’s less suited to someone seeking a turnkey modern interior or a downtown-adjacent location.

Five Possible FAQs

1. How does the property’s size compare to others nearby?
The living area is slightly above the Windsor Park neighbourhood average (1,091 sqft) and ranks in the top 15% locally, but is slightly below the citywide average for comparable homes (1,342 sqft). The land area, however, is a defining feature: it’s in the top 20% on the street and top 25% citywide, meaning you get a notably larger lot than most homes in the area.

2. Is the assessed value reasonable for what you get?
Yes, relative to the street and neighbourhood. The $392K assessment ranks in the top 16% on Northumbria Bay and top 13% in Windsor Park, yet it’s nearly identical to the citywide average ($390K). This suggests you’re paying a premium for a desirable location and larger lot within the immediate area, rather than inflated citywide pricing.

3. What kind of maintenance or updates might a 1964 home need?
Without an inspection, there’s no making things up. Generally, homes of this era may have original mechanicals (furnace, electrical, plumbing) or windows that are nearing end-of-life. The land-to-house ratio—6,300 sqft on 1,232 sqft of living space—means there’s potential for additions or redevelopment, but also yard upkeep. Buyers should budget for possible updates to bring systems up to current standards.

4. How does this property compare to similar homes across Winnipeg?
It’s essentially average citywide for living area and assessed value, but above average for land area (top 25%). The year built (1964) is slightly older than the citywide median for comparable homes (1966). So this isn’t a standout on a macro level, but it outperforms most of its immediate competition—a classic case of being a bigger fish in a smaller pond.

5. Why is the land area ranked higher than the living area?
The lot is generous for the area, while the house itself is not unusually large. On Northumbria Bay, the average lot is 5,984 sqft; this one is 6,300 sqft. Meanwhile, the house’s 1,232 sqft is only slightly above the street average of 1,180 sqft. This can be appealing if you value yard space, privacy, or future expansion options over a larger interior footprint.