Key Characteristics & Buyer Profile

This property at 5 Peterboro Bay stands out most clearly for its assessed value relative to its immediate neighbours. It ranks number one on its street and in the top two percent of the wider Windsor Park community in terms of tax assessment, which suggests the home has a higher valuation than most comparable houses nearby. The living space is also a strong point: at 1,360 square feet, it sits 18 percent ahead of its street and eight percent ahead of its community. While the lot size (5,775 sq ft) and build year (1963) are fairly average for both the street and the city, the house offers noticeably more interior room and assessed value than most of what surrounds it.

The appeal here is less about raw size or newness and more about relative position. Buyers who want a home that already stacks up well against its neighbours—particularly in terms of valuation—will find this property reassuring. It is not the biggest or newest home in Winnipeg, but it is clearly well-regarded in its immediate area. This makes it a good fit for someone who values proven market standing and community stability over chasing the largest lot or the latest build. It also suits buyers who prefer a home that may hold its value well on its street, rather than paying a premium for a standout property elsewhere.

Five Possible FAQs

1. How does the living space compare to typical homes in the area?
The living area is 1,360 square feet, which is above average for both the street (1,230 sq ft average) and the wider Windsor Park community (1,091 sq ft average). City-wide, it is close to the average of 1,342 sq ft, so the home offers a solid amount of space for its neighbourhood without being oversized by city standards.

2. Is the property newly built or updated?
No. The home was built in 1963, which is roughly average for both the street (1964) and the city (1966). Buyers should expect a home of this era and budget accordingly for updates or maintenance, though the valuation data suggests the property has been well-maintained or improved over time.

3. Why is the assessed value so much higher than the street average?
The assessed value of $436,000 is the highest on Peterboro Bay (average $371,000) and in the top two percent of the community. This likely reflects a combination of its larger living area, good condition, or recent upgrades—though the exact reasons would require a closer look at the property itself. It does not necessarily mean it will sell for more, but it indicates how the city values it for tax purposes.

4. Does the lot size give room for expansion or yard space?
The lot is 5,775 square feet, which is near average for the street (6,109 sq ft) and the community (6,030 sq ft). While not oversized, it offers a typical suburban yard. Those looking for significant expansion or extra outdoor space may find it tight, but it is perfectly adequate for standard use.

5. How does this property compare to others in the city overall?
City-wide, the home ranks in the top 38 percent for living area and top 31 percent for assessed value—both close to average. Its strongest ranking is within its own community and street, where it is well above average. For buyers focused on neighbourhood standing rather than city-wide prestige, this is a strong performer.