92 De Bourmont Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 1,020 sqft home built in 1956 on a 4,992 sqft lot in Windsor Park. Its most notable feature is the construction year: it’s one of the older homes on its street (ranked 9th out of 46), which can appeal to buyers looking for solid mid-century build quality or a property with original character that hasn’t been updated in a generic way.

The living area is close to the street and neighbourhood average, but slightly below the citywide average for comparable homes. The lot is notably smaller than most on the street and in the neighbourhood—ranked in the bottom 7% locally and bottom 5% in Windsor Park. For someone who values indoor space more than a large yard, this trade-off might work. The assessed value ($316k) is below the street and neighbourhood averages, which could mean either a more affordable entry point or a property that hasn’t kept pace with recent renovations nearby.

The appeal here is pragmatic: a more modest lot and lower assessment than neighbouring homes, but with a living area that holds its own. It would suit a buyer who wants to be in Windsor Park without paying a premium for a big yard, or someone who sees potential in a home that’s older than much of the surrounding stock—perhaps to renovate gradually rather than buy a fully finished property. It’s less suited to someone who wants a spacious lot or a move-in-ready, recently updated home.

Five Possible FAQs

1. How does the lot size compare to other homes in Windsor Park?
This lot is 4,992 sqft, which is smaller than about 95% of comparable homes in the neighbourhood. It’s also below average for the street. If outdoor space is a priority, this property may feel tight compared to others nearby.

2. Is the assessed value lower because the home needs work?
Not necessarily. The assessment reflects market value based on condition, size, and comparable sales. Being below the street average could mean the home is less updated or has a smaller footprint than neighbours, but it doesn’t automatically signal disrepair. A home inspection would clarify.

3. What’s the advantage of a home built in 1956?
Older homes in this area often have better-quality lumber, more solid framing, and established landscaping. They can also be more affordable to purchase than newer builds, leaving room for updates. The trade-off is potential maintenance on systems like plumbing, electrical, or the foundation.

4. How does this property compare to the citywide average?
Citywide, the average living area for comparable homes is 1,342 sqft—so this one is about 24% smaller. The assessed value is also below the city average of $390k. The lot is smaller than average, but not drastically so (citywide average is 6,570 sqft). It’s a below-average profile in several categories, which is reflected in the price.

5. Would this be a good investment for a first-time buyer?
It could be, if you’re comfortable with a smaller lot and an older home. The lower assessment may mean a more manageable purchase price, and Windsor Park is an established neighbourhood. Just factor in potential renovation costs—especially if the home hasn’t been updated in the last 20–30 years. The value will likely track with the street and neighbourhood averages over time, not significantly above or below.