29 Peterboro Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,192-square-foot home built in 1963 on a 6,242-square-foot lot in Winnipeg's Windsor Park neighbourhood. The property sits roughly in the middle of its street for living area and assessed value, but stands out for its land. The lot ranks in the top 30% on the street and top 26% citywide—meaning you're getting more outdoor space than most comparable homes. The year built (1963) is slightly older than the city average but newer than much of the immediate neighbourhood, which leans toward the early 1960s.

The assessed value of $357,000 is below the street average ($371,400) and slightly below the citywide average for comparable homes ($390,100). This isn't a fixer-upper discount—it's more about being a modest home on a good-sized lot in a stable, established area. The house itself is about average for its street but better than typical for the neighbourhood overall (top 19% by living area and year built within Windsor Park).

Appeal: The main draw here is the land-to-price ratio. Buyers who value yard space, gardens, or room for future expansion will see upside. The neighbourhood itself (Windsor Park) ranks well internally—this isn't a high-priced street, but it's a solid, mid-range option in a neighbourhood that's generally above average for its era and size.

Who it suits: First-time buyers who want a decent lot without paying a premium for a renovated interior; downsizers who prioritize outdoor space over a newer build; or buyers who see long-term potential in a larger lot in a well-ranked neighbourhood. Less suited to someone who wants a turnkey home or a high-end finish—the value here is in what the land offers, not the house's current cosmetics.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
The assessed value is $357,000—lower than the street average ($371,400) and slightly below the citywide average for comparable homes ($390,100). Within Windsor Park, it's right around the neighbourhood average ($354,200). The lower assessment reflects the home's modest size and age relative to pricier nearby properties.

2. Is the lot size unusually large for the area?
Yes, relatively speaking. At 6,242 square feet, it's above the street average (6,109 sqft) and ranks in the top 26% citywide. For Windsor Park, it's in the top third. That extra space isn't massive, but it's noticeable compared to typical infill lots on the same street.

3. What condition is the home in?
The data doesn't include specific condition details. The year built (1963) suggests it's likely had some updates, but you'd need an inspection to confirm. The assessed value being below street average could reflect original finishes or deferred maintenance—or simply a smaller home. Assume it's a livable, mid-century house that may benefit from cosmetic upgrades.

4. How does this property rank for future resale potential?
The strong lot ranking (top 26% citywide) and above-average neighbourhood position (top 19% in Windsor Park) are positive indicators. Homes on larger lots in well-ranked areas tend to hold value better over time. However, the street-level ranking is average, so you're not on a premium block—resale will depend more on the house's condition and how the neighbourhood evolves.

5. Is Windsor Park a good neighbourhood for families or retirees?
The data shows Windsor Park as a stable, established area with homes mostly from the early 1960s. It's known for mature trees and a quieter, residential feel. The lot size here suits families who want yard space, and the average property age means lower density than newer subdivisions. For retirees, the single-storey potential (if applicable) and manageable yard are worth checking—but the data doesn't specify layout.