1067 Baudoux Place – Property Summary
Key Characteristics & Buyer Profile
This is a 1956 bungalow in Winnipeg’s Windsor Park neighbourhood with 816 sq. ft. of living space and a notably large 7,053 sq. ft. lot. The home is one of the oldest—and most affordable relative to its street—on Baudoux Place, ranking 1st out of 15 homes by year built and 3rd out of 15 by assessed value ($351k). Its living area is below average at every level (street, neighbourhood, city), but the land area is a standout: top 12% in the neighbourhood and top 17% citywide.
Where its appeal lies: The property offers a trade-off between a modest house and a generous lot. Buyers who value outdoor space, gardening, or future expansion potential may see more value here than in a larger home on a smaller footprint. The assessed value is competitive for the area—slightly above the street average but below the neighbourhood and city medians—suggesting the price reflects the smaller living area rather than the land. For someone willing to renovate, add on, or simply enjoy a deep yard in an established area, this could offer better long-term value than a turnkey property.
Who it suits: First-time buyers looking for entry-level pricing in a stable neighbourhood, downsizers who prioritize yard space over square footage, and investors or handy homeowners comfortable with a project. It is less suited to anyone who needs a move-in-ready home with modern finishes or above-average living space.
Five Possible FAQs
1. Why is the living area so much smaller than average for the area?
The house was built in 1956, when many homes in Windsor Park were smaller by design. While the neighbourhood average has risen over time (partly due to additions and new builds), this home retains its original footprint. The land, however, is larger than most nearby properties—so if you want more space, an addition may be feasible pending zoning and permits.
2. How does the assessed value compare to similar homes?
It’s slightly above average for Baudoux Place (top 20%), right around average for Windsor Park, and slightly below the citywide median. In plain terms: you’re paying a fair price for the house itself, and the land may be undervalued relative to its size.
3. Is the neighbourhood considered a good investment?
Windsor Park is a mature, established area with decent citywide ranking (top 53% for assessed value). The land is the real asset here—it ranks in the top 17% citywide. Over time, land in stable, older neighbourhoods tends to hold value well, especially if zoning allows for infill or secondary suites.
4. What are the potential drawbacks of an older home like this?
Beyond the smaller size, a 1956 build may need updated electrical, plumbing, insulation, or windows. Some buyers find the layout dated. It’s worth getting a thorough inspection to understand what’s original and what’s been upgraded. The upside is that well-maintained older homes can be solidly built and more affordable to insure if updates are in place.
5. How does the lot size affect property tax or maintenance?
The larger lot (7,053 sq. ft.) means more yard to maintain—mowing, snow clearing, fencing—and potentially higher water or waste charges depending on city bylaws. However, property tax in Winnipeg is based on assessed value, not lot size alone, so the tax impact is moderate. The extra outdoor space is often more valuable to owners than the additional upkeep suggests.