5 Blueberry Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 775 sqft home built in 1958 on a 4,998 sqft lot, located in the Windsor Park area of Winnipeg. Its most notable feature is the lot size, which is modest compared to the neighbourhood average but still offers a usable outdoor space. The home sits on a quieter street, and the property’s assessed value is $327,000—slightly below the local average but fairly typical for the wider city.

The appeal here is not about square footage or prestige. This is a smaller, older home in a stable residential area. It would suit buyers who are looking for an entry point into a decent neighbourhood—perhaps first-time buyers or investors. The property does not offer competitive living space for its price range, but the trade-off is that it sits on a street with older, similar homes, which can mean a more consistent character and potentially fewer surprises in terms of zoning or development pressure.

Buyers who want a fixer-upper or a starter home with room to improve over time may find this worthwhile, especially if they are not concerned about keeping up with the average living area in the community. It is less suited to families needing space or buyers looking for a turnkey modern home.

Five Possible FAQs

1. Why is the living area so small compared to others in the neighbourhood?
This is a 1958 home, and many of the surrounding houses were built in a similar era, but they tend to be larger on average. This particular house was likely built to a more modest floor plan. The lot size is also on the smaller side for Windsor Park, which contributes to the overall compact feel.

2. Is the assessed value a reliable indicator of market price?
Assessed value is used for tax purposes and does not always match market value. In this case, the assessment is close to the street average and just below the community average. Market conditions, renovations, and buyer demand will have a stronger influence on the final sale price.

3. What does the “ranking” data actually tell me?
It compares this property against others in the same street, community, and city. For example, the living area ranks last on the street, meaning it’s the smallest of the 36 homes. The assessed value ranks near the middle, and the build year ranks high because it is one of the older homes on the street. These rankings help you see where the property stands relative to its neighbours, but they don’t account for condition or upgrades.

4. Is being one of the oldest homes on the street a good thing or a bad thing?
It depends. Older homes often have more solid construction and established landscaping, but they may also need more maintenance. Being the second oldest on the street means the surrounding houses are similar in age, which can give the area a cohesive feel. However, it may also mean that repairs and updates are common among neighbours.

5. What type of buyer would get the most value here?
Someone who values location over space and is willing to invest time and money into improvements. It could also suit a buyer who plans to live in the home for several years and build equity through gradual upgrades, rather than expecting immediate resale value from the existing layout.