Property Overview: 23 Argonne Bay

Key Characteristics & Ideal Buyer

This is a 1956-built home in Windsor Park, Winnipeg, with 776 sq ft of living space on a 5,074 sq ft lot. Its assessed value is $328,000.

The property is smaller than average—both in living area and lot size—compared to other homes on Argonne Bay, in Windsor Park, and across the city. It ranks in the bottom third for living space on its own street. The assessed value is right around the street average but below the community and city averages.

Where the property stands out is its age. It was built in 1956, which is the oldest home on Argonne Bay (ranking 1st out of 39) and within the earlier range for the neighbourhood overall. For a buyer looking for a mid-century home with original character potential, this is a unique find on this block.

The appeal here is less about square footage and more about location and lot potential. The 5,074 sq ft lot offers outdoor space that many newer, more expensive infills lack. The house itself is likely a candidate for renovation, expansion, or possibly a rebuild, depending on a buyer’s goals.

This property suits buyers who are:

• Looking for a starter home in a stable, established neighbourhood
• Interested in a renovation project or sweat equity
• Willing to accept less interior space in exchange for a reasonable lot size and street with older homes
• Not expecting a turnkey, move-in-ready modern floor plan

Five Frequently Asked Questions

1. How does this home compare to others on Argonne Bay?
It has the oldest construction year on the street (1956) and the 15th highest assessed value out of 39 homes. Its living area is below the street average (865 sq ft vs. 776 sq ft), and its lot is close to the street average (5,497 sq ft vs. 5,074 sq ft). In short: it’s a smaller, older home with a median price for the block.

2. Is the assessed value of $328,000 a fair price for this property?
The assessed value lines up closely with the street average ($323,000), so from a tax-assessment standpoint, it’s typical for Argonne Bay. Whether that’s a fair market price depends on the condition of the home and what comparable sold properties in Windsor Park have gone for recently. The assessment suggests it’s not overvalued relative to its immediate neighbours.

3. What does the “前72%” ranking mean for living area?
It means the home has less living space than 72% of other homes on its street. Among 39 homes on Argonne Bay, it ranks 28th smallest. That’s a notable disadvantage if interior size matters most, but it also means you’re buying one of the more affordable, compact options on the block.

4. Is this a good candidate for a renovation or addition?
Potentially. The lot is slightly below the community average but still over 5,000 sq ft, which leaves room for a rear or side addition in many cases. The 1956 build date means the home likely has solid mid-century construction, but also possible outdated systems (plumbing, electrical, insulation). A thorough inspection is essential before planning any major work.

5. How does the neighbourhood, Windsor Park, compare to the rest of Winnipeg?
Windsor Park is an established, largely residential area with a mix of older homes. This property ranks in the bottom 3% for living area within the community and below average for assessed value and lot size. That means it’s a smaller, lower-value home even by Windsor Park standards, which may appeal to budget-conscious buyers or those looking to get into the neighbourhood at a lower entry point.