103 De Bourmont Bay

103 De Bourmont Bay – Property Summary

Key Characteristics & Buyer Profile

This 1,437 sqft home sits on a 6,497 sqft lot in Windsor Park, built in 1956 with an assessed value of $379,000. Its standout feature is the living area—among the largest on the street (top 4%) and well above the neighborhood average of 1,091 sqft. The lot is also generous, ranking top 15% on the street and top 22% citywide. The assessed value, while above the local average, trails the citywide median, which can be an advantage for buyers looking for more space without paying a premium for the newest finishes.

The home is older than many nearby properties—the neighborhood average year built is 1961, and the citywide median is 1966. This means the bones, layout, and lot are strong, but a buyer should expect ongoing maintenance and potential updates. The appeal lies in getting a bigger-than-typical house and yard in a solidly middle-tier area, without the inflated price tag of a fully renovated or newer build.

This property best suits buyers who value square footage and outdoor space over turnkey condition. It would work well for someone handy or willing to invest in gradual improvements, or for a family that wants room to grow without moving to a more expensive district. It is less suited to someone seeking a low-maintenance, modern home.

Frequently Asked Questions

1. How does the assessed value compare to what I might actually pay?
The assessed value of $379,000 is above the neighborhood average of $354,200 but below the citywide average for comparable homes ($390,100). Assessments are not market prices, but this data suggests the home is priced competitively relative to its size and land, not its age. Final sale price will depend on condition and competition.

2. Is the older construction a concern?
Built in 1956, the home is older than 75% of properties in Windsor Park and older than most homes citywide. This is not a red flag on its own, but it means systems (electrical, plumbing, roof, furnace) likely have been updated, or will need to be. Buyers should budget for inspections and potential replacement of major components.

3. How does the lot size compare to typical Winnipeg homes?
At 6,497 sqft, the lot is above average for its street, neighborhood, and city. Ranked in the top 22% citywide, it offers more yard space than most homes in the city. This is a strong asset for gardening, outdoor entertaining, or future additions, but also means more maintenance.

4. What is the neighborhood like in terms of resale value?
Windsor Park ranks in the top 21% of assessed values locally, indicating stable to above-average property values in the area. The home itself is in the top 22% for value on its street. Larger homes on standard lots tend to hold value well, especially when land is scarce.

5. How does the living area compare to other homes nearby?
This property has the second-largest living area on its street (top 4%) and is in the top 7% of the neighborhood. This is unusual—most homes in the area are closer to 1,090 sqft. The extra 300+ sqft is a significant advantage for layout flexibility, but does not always translate to a proportional increase in resale price if the home needs updates.