Key Characteristics & Buyer Profile

15 Monaco Bay is a 1,020 sqft home built in 1963, sitting on a 5,880 sqft lot in Windsor Park. Its strongest feature is the build year: on Monaco Bay itself, it ranks 1 out of 48 homes—the oldest on the street, but in a way that suggests solid construction from a well-regarded era. The property’s assessed value sits at $370,000, slightly above the neighbourhood average of $354,000, yet still below the citywide median.

The appeal here is subtle rather than flashy. The home is not unusually large or land-rich by city standards—both its living area and lot size fall near the middle of the pack. But within its immediate street and community, it holds up well in value, ranking in the top third locally. That suggests a property that’s been maintained or updated sensibly, without being over-improved for its setting.

This would suit a buyer who values stability over speculation—someone looking for a liveable, reasonably priced home in a settled neighbourhood rather than a fixer-upper or a high-growth gamble. It may also appeal to buyers who appreciate older construction (concrete foundations, mature framing) and prefer a street where most homes share a similar vintage. First-time buyers or downsizers wanting a manageable lot and straightforward layout would find it practical.

Frequently Asked Questions

1. How does the living space compare to other homes in the area?
The 1,020 sqft is slightly below the Windsor Park average of 1,091 sqft, and well below the city average of 1,342 sqft. On its own street, it ranks 33rd out of 48—meaning it’s a bit smaller than most neighbours, but not dramatically so.

2. Is the assessed value of $370,000 a fair price?
It's right around the street average ($363,000) and above the community average ($354,000), but below the citywide average ($390,000). The ranking suggests it's priced consistently with its immediate surroundings—not overvalued relative to the block, but slightly ahead of the broader Windsor Park norm.

3. Why does the 1963 build year matter?
On Monaco Bay, it’s the oldest home by a thin margin (the street average is 1962), but it ranks in the top 2% locally. In a neighbourhood where homes are generally from the early '60s, an older house often means better materials and less chance of modern-era shortcuts. It’s not a historic property, but it’s from a period many buyers associate with durability.

4. What about the lot size—is it enough for a garden or additions?
At 5,880 sqft, the lot is close to the street and community averages. It’s not oversized, but it’s not tight either. There’s room for a decent yard, typical landscaping, or minor expansions, though a major addition would require checking local setback rules.

5. Who typically buys in Windsor Park, and what should I expect from the street?
Windsor Park is a stable, mid-century subdivision popular with families, retirees, and long-term owners. The street itself is consistent in age and size of homes—few surprises. Buyers here tend to value proximity to parks, schools, and the Transcona trail network. It’s not a trendy area, but it’s reliable and well-served by amenities.