Key Characteristics & Buyer Profile

This is a 1956-built home on a notably large lot—5,876 square feet, ranking in the top 19% on its street. The living space is 910 square feet, slightly above average for the immediate street but below the broader Windsor Park neighbourhood and city averages. The property’s assessed value sits below the norm in all three comparison groups. Where this home stands out most dramatically is its vintage: it ties as the oldest structure on Agate Bay, ranking first out of 36 homes.

The appeal here is less about turnkey finishes or interior square footage and more about the land and the bones. For a buyer who sees age as a potential for character or a chance to renovate on a generous lot, this represents clear value. It would suit someone comfortable with a smaller original footprint who prioritizes yard space, or a buyer looking to enter an established neighbourhood like Windsor Park without paying a premium for a fully updated interior. The combination of low assessment and large land can also appeal to those thinking long-term about land value in a mature area.

Five Possible FAQs

1. Is the property priced below market because of its age?
The land is the strongest asset here. The home itself is 68 years old and mechanically similar homes of that era may need updates. The low assessed value (29.4万) reflects that reality. Buyers should factor in potential repairs to systems like plumbing, electrical, and insulation. The price likely accounts for the need for work, rather than the land being undervalued.

2. How does the 910 sqft layout compare to other homes in Windsor Park?
It’s noticeably smaller. The community average is 1,091 sqft, and the city average is 1,342 sqft. This is a compact floor plan, which works well for singles, couples, or anyone looking to downsize. For a family, the 5,876 sqft lot offers room to potentially expand later, subject to zoning.

3. What does “ties for oldest on the street” mean practically?
It means the home was built at a time when construction methods and materials were different—often solid framing, but with fewer modern energy standards. It also suggests the immediate street may have been developed uniformly, so neighbours’ homes are not significantly newer. This can be a positive if you value vintage character, but it also makes it harder to compare condition directly with more recent builds.

4. How competitive is the area for resale?
Windsor Park (the community) ranks in the lower percentiles for property assessments—2,956 out of 3,307 in the neighbourhood. This suggests it’s an entry-level price point within the city. Homes here tend to appeal to budget-conscious buyers or those willing to invest sweat equity. The street itself shows slightly healthier land values, so location within the neighbourhood matters.

5. Should I base my offer on the assessed value or recent sales?
Assessed value (29.4万) is a lagging indicator based on municipal formulas, not current market demand. The fact it ranks low on the street (35 out of 36) confirms it’s already at the lower end locally. Use recent comparable sales in Windsor Park for similar lot sizes and ages, not the city average. The land-to-building ratio here is unusually high, so comps should reflect that, not just interior square footage.