Key Characteristics & Buyer Profile

This is a 1,050 sqft single-family home built in 1957, with a 5,991 sqft lot, located on Erie Bay in the Windsor Park neighbourhood of Winnipeg. Its current assessed value is $370,000.

Where the property stands out is its lot-to-living-space ratio. The house itself is slightly smaller than average for its street (ranking 35th out of 40), but the lot is nearly 6,000 sqft—very close to the neighbourhood average and on the larger side city-wide. For a home built in the late 1950s, that kind of yard space is becoming less common, especially in established inner-ring suburbs. The assessed value sits just above the neighbourhood average, suggesting the property hasn’t been over-improved relative to its immediate area, which could offer some built-in equity for a buyer willing to invest in updates.

The appeal here is pragmatic rather than flashy. This isn't a move-in-ready showpiece—it’s a solid, mid-century structure on a decent-sized lot in a stable, middle-tier neighbourhood. It would suit a buyer who values outdoor space over interior square footage, someone handy or willing to renovate over time. It could also be a fit for an investor looking for a property where the land holds more long-term value than the current structure. Windsor Park is a well-established area with mature trees and access to amenities, but this particular street ranking suggests the home may need more work or attention than some of its neighbours.

Frequently Asked Questions

1. How does the property’s size compare to others nearby?
The living area is below average for Erie Bay (1,166 sqft average) but close to the Windsor Park average of 1,091 sqft. The lot is about 300 sqft smaller than the street average, but still within a normal range for the neighbourhood. Across Winnipeg, both the house and lot are near the middle of the pack.

2. Is the assessed value of $370,000 in line with the market?
The assessed value is slightly above the neighbourhood average ($354,000) and close to the street average. It’s below the city-wide average of $390,000. This suggests the property is priced realistically for its location, without a premium for recent upgrades or a larger house.

3. What does the 1957 build year mean in practical terms?
This is an older home, but not unusually so for Windsor Park—most homes in the area date from the early 1960s. Expect typical mid-century construction: likely a concrete foundation, simpler framing, and original systems that may need updating. It’s newer than most homes on its own street, but older than a majority in the broader neighbourhood.

4. What kind of renovation potential does the lot offer?
With nearly 6,000 sqft of land, there’s room for a garage, a workshop, a substantial garden, or future expansion. The lot is not oversized for the area, but it’s generous enough that a renovation or addition wouldn’t feel cramped. Buyers should check zoning and setback rules before planning major changes.

5. How does Windsor Park compare to other Winnipeg neighbourhoods for value?
Windsor Park is an established, middle-market area. It doesn’t have the premium pricing of newer suburbs or riverfront areas, but it offers better affordability and older, larger lots. This property sits near the median for both size and value within the neighbourhood, making it a relatively low-risk entry point into a stable part of the city.