Key Characteristics & Buyer Profile

This is a 1956 bungalow (1,087 sq ft) on a 5,501 sq ft lot in Windsor Park. The property sits in the top 27% of its street for living space, and its assessed value of $351,000 is right in line with both the street and neighbourhood averages. The house is older than much of the surrounding area—most nearby homes were built around 1961—but on its own street, it’s actually one of the older, better-maintained examples (top 19% by age).

The appeal here is straightforward: you get a solid, midsize home in a stable, established neighbourhood without paying a premium for the location. The land area is slightly below the street and community averages, but still generous for a lot in this part of the city. It’s not a flashy or renovated property; it’s the kind of house that appeals to someone who values practicality over perfection—buyers who are comfortable with a home that has good bones and a good address, and who may want to make their own updates over time. It would suit first-time buyers looking for entry into a well-regarded area, downsizers who want a manageable single-storey layout, or investors looking for a conservative, low-volatility asset in a resale-stable pocket of Winnipeg.

Five Possible FAQs

1. How does the lot size compare to other homes in Windsor Park?
It’s a bit below average for the neighbourhood (5,501 sq ft vs. 6,030 sq ft average) and ranks in the lower third on its street. That said, it’s still a functional city lot—plenty of room for a garden, a small shed, or a patio. The trade-off is that you’re not paying for excess land you don’t plan to use.

2. Is the assessed value likely to increase?
The home’s assessed value is very close to the street median and slightly below the community median. That suggests the market here is stable rather than hot. Significant value increases would depend on renovations or broader neighbourhood demand shifts. In the short term, don’t expect big jumps; this is a steady, not speculative, asset.

3. What does “above average” for the street but “below average” for the community mean for livability?
It means the house is a strong performer on its own block, but the surrounding area is more mixed. On Buttonwood Bay, you’re in a pocket of good-sized homes. Drive a few blocks in any direction, and you’ll find older, smaller, or less maintained properties. The house stands out locally, which can be a plus for resale if the rest of the neighbourhood improves.

4. How much work does a 1956 home typically need?
That depends on what’s been updated. The data doesn’t list renovations, so expect original or near-original systems—plumbing, electrical, windows, and insulation are common pain points. A 68-year-old home will almost certainly need some upgrades. But it’s also a solid era for construction; 1950s bungalows in Winnipeg often have good foundations and framing. Budget for a pre-purchase inspection and plan for a few surprise repairs.

5. Who else is buying on this street?
The data shows a mix of owners, given the age range of homes. You’re likely see a split: long-term residents who’ve been there for decades, and newer buyers attracted by the relative affordability compared to newer subdivisions. It’s not a young-family corridor or a retiree enclave—more of a quiet, middle-ground street where people tend to stay put. If you’re looking for a lively neighbourhood, this isn’t it. If you want peace and predictability, it fits.