Property Summary: 3 Bittersweet Bay

Key Characteristics & Buyer Profile

This is a 1,132-square-foot home built in 1956 on a 5,997-square-foot lot, with an assessed value of $358,000. The property sits solidly in the middle of the pack across most metrics. Its living area is roughly average for its street and city, but slightly above average for the Windsor Park neighborhood. The lot size is also average locally, though it ranks higher citywide (top 32%), meaning you get more land relative to many other Winnipeg properties.

The home is older than most in the neighborhood (built 1956 versus a neighborhood average of 1961) and falls in the older half citywide. The assessed value is unremarkable—neither a standout bargain nor overpriced relative to comparable homes nearby.

The appeal here is straightforward: this is a home that doesn't try to impress with size or modernity, but offers a reasonable amount of indoor and outdoor space in a settled, established area. The lot is generous enough for gardens, a workshop, or expansion, and the home's age suggests it may have original character that can be updated over time. The rankings show it’s not competing at the top of any list—it's a functional, middle-ground property.

This would suit buyers who are looking for a solid, unflashy starter home or a long-term base in an older neighborhood with mature trees and established streets. It's less ideal for someone who wants a move-in-ready modern finish or a premium lot. Buyers comfortable with a project or willing to live in a home that reflects its era will find this property practical, not aspirational.

Frequently Asked Questions

1. How does the assessed value compare to similar homes nearby?
It's slightly below the street average ($365,100) and the citywide average ($390,100), but roughly in line with the neighborhood average ($354,200). The home is ranked in the middle tier across all three scopes, so it’s not overvalued relative to peers—but also not a clear below-market opportunity.

2. Is the lot size considered small or large?
At 5,997 square feet, it's slightly smaller than the street average (6,395 sqft) and the citywide average (6,570 sqft). However, it's close to the neighborhood average (6,030 sqft) and ranks in the top 42% locally, meaning many nearby lots are smaller. It's a functional suburban lot—not oversized, but not cramped.

3. Why is the year built ranked lower than the neighborhood average?
The house was built in 1956, while the neighborhood average is 1961 and the citywide average is 1966. In rankings, older homes are ranked lower (since "newer" is considered better). This property is older than about 75% of homes in the Windsor Park area and about 64% citywide. For buyers, this may mean older mechanicals, windows, or insulation, but also potential for original character.

4. How does this home's living area compare to typical homes in Winnipeg?
At 1,132 square feet, it's smaller than the citywide average for comparable homes (1,342 sqft) and slightly below the street average (1,179 sqft). But it's above the neighborhood average (1,091 sqft), so within Windsor Park it's on the larger side of typical. It's not a small house, but it's not spacious by city standards.

5. What does "rank by land area, larger = better rank" mean in practice?
It means that when ranking homes by lot size, having a larger lot gives you a better (lower) rank number. For this property, a rank of 27 out of 40 on the street means 13 homes have larger lots and 26 have smaller ones. A lower rank number indicates a larger lot, which some buyers value for privacy, outdoor space, or future additions.