1. Key Characteristics & Buyer Profile

This is a 776 sqft home built in 1956, on a 4,800 sqft lot in Windsor Park. The property’s strongest point is its build year: it’s the oldest on Agate Bay by rank, sitting among homes that average the same vintage. This matters less for flash and more for stability—if consistency along the street is a priority, this lot fits in without standing out awkwardly.

The appeal lies in its relative affordability. The assessed value sits at $333,000, right at the street average and below both the neighbourhood ($354,000) and city ($390,000) medians. The home is priced in line with its smaller-than-average footprint (both inside and on the lot). It’s not a bargain basement find, but it offers a realistic entry point into a neighbourhood where many comparable homes are larger and assessed higher.

It would suit a buyer who values predictability over potential. This isn’t a fixer-upper that screams upside; it’s a solidly average starter home or downsizer in a modest, established area. Someone looking for character from the mid-1950s, or a smaller lot requiring less upkeep, would find it practical. It’s less suited for someone seeking maximum square footage, a large yard, or a property that will immediately stand out on the street.

2. Five FAQs

1. How does this home’s size compare to others nearby?
It’s slightly smaller than the average home on Agate Bay (886 sqft) and well below the Windsor Park average (1,091 sqft). The lot is also the smallest on the street and sits below the neighbourhood norm. If you’re comparing to other homes you’ve looked at in the area, expect less interior space and a more compact yard.

2. Is the assessed value a good indicator of market price?
Not always, but here it’s a useful starting point. The $333,000 assessment aligns closely with the street average and falls below both the community and city medians. That suggests the pricing is in line with what similar smaller homes in the area go for—no unexpected premium or discount flagged by the tax assessment alone.

3. Why is the 1956 build year considered “extremely good” in the ranking?
That ranking is based on the property being the oldest on the street by rank, not the newest. The phrasing can be confusing: “extremely good” here means it matches the street’s older character, not that the home is newly renovated. If you prefer a street with consistent original vintage homes, this fits in perfectly. If you want newer construction, look elsewhere.

4. What are the main compromises with this property?
The two biggest trade-offs are living space and lot size. At 776 sqft, the home is small even by the street’s standards. The 4,800 sqft lot is also the smallest on the block. This could mean less room for expansion, less yard for gardening or play, and potentially less privacy from neighbours.

5. How does this property compare to the rest of Winnipeg?
In city-wide terms, it’s slightly below average in assessed value ($333k vs $390k median), land size (4,800 sqft vs 6,570 sqft), and living area (776 sqft vs 1,342 sqft). The build year is close to the city median. So it’s a slightly smaller, more affordable home than what’s typical across Winnipeg—not an outlier, but definitely in the lower range for size and price.