Property Summary: 5 Jubinville Bay, Winnipeg

Key Characteristics & Buyer Profile

This is a 1960-built single-family home in Winnipeg’s Windsor Park neighbourhood, with 945 sq ft of living space on a 5,772 sq ft lot. The assessed value is $334,000.

What stands out here is the land. The lot ranks 7th out of 36 homes on this street (top 19%), meaning it’s noticeably larger than most of its immediate neighbours. The building itself is also among the older homes on the block, which tends to appeal to buyers looking for established character or a property that hasn't been flipped. However, the living area is on the smaller side—about 10% below the street average and 13% below the citywide average for comparable homes.

The appeal is straightforward: you’re getting a generous yard in a mid-century neighbourhood, likely with mature trees and more outdoor space than newer subdivisions offer. The trade-off is a compact interior, which may need updating depending on the current condition. The assessed value sits slightly below the neighbourhood average but close to the citywide median, suggesting the price reflects the smaller square footage rather than the land.

This property would suit buyers who prioritize outdoor space over interior square footage—perhaps someone looking to garden, build a shop or garage, or renovate and expand later. It may also appeal to those who prefer an older, more established street over a new development, and who are comfortable with a smaller main floor layout. It’s less suited for anyone needing a large open-concept interior right away, or who wants a move-in-ready home with modern finishes.

Frequently Asked Questions

1. How does this home compare to other properties on the same street?
On Jubinville Bay, this house has one of the larger lots (top 19%) and is among the older homes (also top 19% by build year). Its living area is smaller than 94% of homes on the street, and the assessed value is below average but not the lowest.

2. Is the assessed value a reliable indicator of market price?
Not directly. The assessment is based on city-wide valuation models and is used primarily for property tax calculation. It doesn’t account for recent renovations, condition, or specific buyer demand. That said, it gives a useful benchmark—this home is assessed at about 96% of the street average and 86% of the city average.

3. Would this property be a good candidate for renovation or expansion?
Potentially, yes. The larger lot offers room to build an addition or a detached structure, depending on zoning and setback requirements. The compact 945 sq ft footprint gives you a blank slate if you’re willing to gut and reconfigure. However, the 1960 build year means you may be dealing with older electrical, plumbing, or insulation, so factor those into your budget.

4. What’s the typical buyer profile for a home like this in Windsor Park?
These homes tend to attract a mix of first-time buyers looking for more land than a condo or townhouse offers, and downsizers who want a single-storey layout without sacrificing a yard. Some buyers come specifically for the mid-century character and the mature neighbourhood feel. It’s less common for families needing three or four bedrooms.

5. How does Windsor Park compare to other Winnipeg neighbourhoods in terms of value?
Windsor Park is generally considered a middle-of-the-market neighbourhood—not as expensive as River Heights or Crescentwood, but not a bargain fringe area either. The land here is larger than the city average for comparable homes (top 37% citywide), which is notable. If you’re looking for a balance between a central location and a decent-sized lot, this area often delivers that without the premium price tag of some inner-city districts.