100 De Bourmont Bay – Property Summary
Key Characteristics & Ideal Buyer Profile
This is a 1956-built home with 983 square feet of living space on a 4,994-square-foot lot, currently assessed at $349,000. Its main appeal lies in being one of the older homes on its street (top 20% by year built), which may signal original character or a solidly constructed mid-century structure. The assessed value holds steady relative to its street and neighbourhood—around average, not overpriced for the area.
Where it falls short is clearly in living area and land size. At 983 sqft, it's smaller than most comparable homes on the street (avg 1,092 sqft) and significantly below the citywide average of 1,342 sqft. The lot is also notably tight, ranking in the bottom 6% within the Windsor Park neighbourhood. This property would best suit a buyer who values a compact, manageable home on a smaller lot—perhaps a first-time buyer, a downsizer, or someone who prioritizes yard upkeep being minimal over having generous indoor or outdoor space. It’s not the right fit for someone seeking a large family home or a big garden.
Five Possible FAQs
1. How does the property compare to others on the same street?
On De Bourmont Bay, this home ranks near the top for age (built 1956, top 20%) but below average for living area (983 sqft vs. 1,092 avg) and land size (4,994 sqft vs. 5,746 avg). Its assessed value is around average—slightly lower than the street median of $357,800. So it's a compact, older home that's priced fairly relative to neighbours.
2. Is the living area considered small for Winnipeg?
Yes. The citywide average for comparable homes is 1,342 sqft, and this property is 27% smaller. Within the Windsor Park neighbourhood, it also falls below the 1,091 sqft average. Buyers used to newer or larger suburban layouts may find it tight, but for those comfortable with mid-century bungalow proportions, it's perfectly livable.
3. What does the assessed value tell me about the market price?
The assessed value of $349,000 is positioned slightly below the street average ($357,800) and neighbourhood average ($354,200), and well below the citywide average ($390,100). This suggests the property is priced modestly for its context. Keep in mind that assessed value is not the same as market value, but it offers a baseline for comparison.
4. How old is the home, and what might that mean for maintenance?
Built in 1956—nearly 70 years old. Being one of the older homes on the street can be a plus for character and construction quality (mid-century builds often used solid materials), but it also means systems like plumbing, electrical, windows, and insulation may be original or need updating. A thorough inspection is recommended.
5. Who would this property not be ideal for?
Buyers looking for a large living area, a big backyard, or a newer, move-in-ready home with modern finishes might be underwhelmed. Similarly, anyone wanting a lot of space for gardening, children's play, or outdoor entertaining should look elsewhere given the 4,994 sqft lot, which ranks in the bottom 6% within Windsor Park.