36 Agate Bay – Property Summary

Key Characteristics & Buyer Suitability

This is a 1,099-square-foot home on a 5,493-square-foot lot, built in 1956 and assessed at $367,000. It sits in the Windsor Park neighborhood of Winnipeg.

The property’s strongest feature is its size relative to the immediate street. Living area ranks second out of 36 homes on Agate Bay (top 6%), and the assessed value ranks fourth (top 11%). That means on this block, it's one of the larger, more valuable homes. The lot, however, is closer to average for the street—slightly smaller than the neighborhood and city medians. The year built is identical to the street average, which is older than much of Windsor Park and the city overall.

The appeal here is subtle. You're not buying a standout property by citywide standards—the living area and assessed value fall near the middle compared to all of Winnipeg. But within the immediate street context, this home offers above-average space and value. That can matter for resale or for someone who wants to be the bigger house on a modest block, rather than the smallest on a pricier one. It also suggests the home may have been well maintained or upgraded relative to its neighbors, which could mean fewer surprises than a fixer-upper.

This property would suit a buyer who:

• Wants a solid, mid-range home in an established neighborhood without paying a premium for a top-tier lot.
• Prefers a quieter street with consistent, older homes rather than a newer subdivision.
• Is comfortable with a home that’s older but likely stable, and values square footage over a large yard.
• May be looking for a long-term hold where the home’s relative position on the street could improve as newer or renovated properties raise the baseline.

Frequently Asked Questions

1. How does this home compare to others on Agate Bay specifically?
It’s one of the larger and higher-assessed homes on the street, ranking in the top 11% for value and top 6% for living area. The lot size and year built are very close to the street average.

2. Is the lot size a disadvantage?
Not necessarily on this street, where lots are similar. But compared to the wider Windsor Park neighborhood and city, the lot is below average. If you want a large backyard for gardening or expansion, you’d likely find bigger options a few blocks away.

3. The home was built in 1956. Should I expect major issues?
Homes of this vintage can have older wiring, plumbing, or insulation. But because it ranks well on assessed value relative to its neighbors, it’s possible upgrades have been made. Always get a thorough inspection—don’t assume age equals poor condition, but don’t overlook it either.

4. How does the assessed value relate to market price?
Assessed value is a municipal estimate for tax purposes, not a market appraisal. It can be a useful benchmark, but actual sale price depends on condition, upgrades, and buyer demand. This home’s assessed value is above the street average, which could support a slightly higher asking price, but doesn’t guarantee it.

5. Who would this home not suit?
Buyers who want a newer build, a large yard, or a home that stands out citywide would likely find better options elsewhere. It’s also not ideal for someone looking for a quick flip in a high-growth area—Windsor Park is stable, not hot.