29 Boulder Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,038 sqft home built in 1959 on a 4,995 sqft lot in the Windsor Park neighbourhood of Winnipeg. Its standout feature is the year built: on its street, it ranks #1 out of 34 homes for construction date, making it one of the older properties in the immediate area. The assessed value is $332,000, which sits slightly above the street average but falls below both the neighbourhood and citywide medians.

The appeal here is more about position than size. The living area is moderately below average across all comparison levels, and the lot is notably smaller than most neighbours (ranking in the bottom 12% on the street). But older homes in established areas often come with mature trees, deeper backyards relative to lot width, and construction details not found in newer builds. If the structure is sound, a buyer gets into a street with character and a price point that, citywide, is just inside the middle bracket.

This property would suit a buyer who values established neighbourhoods and wants to avoid the cookie-cutter feel of newer subdivisions. It may also appeal to someone looking for a cheaper entry point into a street with otherwise higher-priced homes, or a renovator who sees potential in bringing a mid-century layout up to date. It is less suitable for buyers prioritizing lot size or open-concept living space without modification.

Five Possible FAQs

1. How does the assessed value compare to similar homes nearby?
The home is assessed at $332,000. That is slightly above the street average of $322,200 (top 56%), but below the neighbourhood average of $354,200 and the citywide average of $390,100. So it is relatively affordable for the area, though not a steep discount.

2. Is the lot considered small for this neighbourhood?
Yes. At 4,995 sqft, it ranks 30th out of 34 homes on the street (top 88%) and 3,086 out of 3,307 in the neighbourhood (top 93%). Most lots in Windsor Park are around 6,000 sqft. This means less yard maintenance but also less outdoor space.

3. What does the “ranked #1 on the street” for year built actually mean?
It means this house was built earlier than any other on Boulder Bay—1959 versus a street average of 1957. While that sounds contradictory, the ranking is based on being the oldest. The “Top 3%” rank indicates it is among the oldest homes relative to its street, which can be a draw for buyers who like the character, materials, or zoning protections of older construction.

4. How does living space compare to other homes in Winnipeg?
The home has 1,038 sqft, which is below the citywide average for comparable homes (1,342 sqft). At the street level, it ranks 22 out of 34 homes (top 65%), so it is not unusually small for its immediate block, but it is smaller than most citywide.

5. What are the risks of buying an older home in this price range?
The main considerations are maintenance. A 1959 home may have older wiring, plumbing, insulation, and foundation details that require updates. The lower assessed value relative to the neighbourhood could mean it has not been recently renovated. A thorough inspection is recommended—especially of the roof, windows, and mechanical systems. However, older homes often have better-quality framing and less engineered wood than modern builds, so repairs can be more straightforward if done correctly.