Key Characteristics & Buyer Profile

This 1960-built home on Halliday Bay offers 1,188 sqft of living space on a 6,051 sqft lot. Its standout feature is size: the floor plan is well above average for its street (top 9%) and strong for the Windsor Park neighbourhood (top 19%), even if it sits just below the citywide median for livable area. The land is similarly generous—slightly larger than the neighbourhood norm and comfortably above average citywide.

The appeal lies in getting more physical space for a below-average assessed value. At $329,000, this property is assessed lower than most homes on the street (88th percentile) and in the broader neighbourhood. You're essentially paying under the local median for above-average square footage and a solid lot. The trade-off is that the home isn't new and its assessed value reflects whatever condition or finish level it currently holds.

This property would suit a buyer who prioritises interior and yard space over a turnkey, recently updated home. It’s a strong fit for someone willing to invest in renovations over time, or who simply wants more room to spread out without paying a premium for a "finished" product. Because the footprint and lot are already competitive, the ceiling for adding value here is higher than on a smaller, pricier comparable.

Five Possible FAQs

1. How does the assessed value relate to the likely market price?
Assessed value is not the same as market value, but it gives a useful baseline. In this case, the assessment is below the street and neighbourhood averages, which often points to a home that hasn't been fully updated or that trades at a discount relative to its size. Expect the asking price to reflect this gap.

2. Is the 1960 build year a concern for maintenance?
Homes of this vintage are solidly built but will have original systems that may need attention—plumbing, electrical, insulation, windows. The fact that it ranks among the oldest on the street (top 9%) means nearby homes tend to be similar in age, so the neighbourhood character is consistent. It’s not a red flag, but a pre-purchase inspection is wise.

3. Why is the lot ranked higher citywide than within the neighbourhood?
The lot is 6,051 sqft—slightly above the neighbourhood average of 6,030 sqft but below the street average of 6,452 sqft. Citywide, it lands in the top 29%, meaning many homes in Winnipeg sit on smaller parcels. Locally, the street has several larger lots, which pulls its ranking down. The lot is genuinely good for the city, just not exceptional for this specific block.

4. Who typically buys in Windsor Park?
Windsor Park attracts a mix of families, first-time buyers, and investors. It's a mature neighbourhood with established trees, decent schools, and reasonable commute times. Homes here tend to be more affordable than similar-sized properties closer to downtown or in newer suburbs. Buyers often appreciate the balance of space and price, even if some finishes are dated.

5. Should I expect competition for a property like this?
Given the below-average assessment and above-average size, it could appeal to value-conscious buyers who are handy or looking for a project. That’s a specific audience, so competition may be moderate rather than intense. The street itself is quiet, and the home's solid bones give it a practical edge over smaller, overpriced listings in the area.