1. Property Overview & Suitability
This is a 1,053 sq ft single-family home built in 1960, sitting on a 5,773 sq ft lot at 17 Bibeau Bay in Windsor Park, Winnipeg. Its main appeal is consistency: the property’s size, age, and lot dimensions all land close to the average for both the street and the broader community. The assessed value of $334,000 is notably below the Windsor Park average of $354,000 and well under the citywide average of $390,000, which suggests a relatively affordable entry point for the neighborhood.
The property would suit a buyer who values predictability over standout features. It’s a fit for someone looking for a solid, mid-century home in a mature area, without paying a premium for above-average square footage or a newer build. Because the numbers are close to the median across the board, there is less risk of being overvalued relative to immediate neighbors—but also less upside in terms of size or lot rarity. It would work well for a first-time buyer or a small family who wants a functional, straightforward home in a settled Winnipeg suburb, rather than a fixer-upper or a showpiece.
2. Frequently Asked Questions
Q: How does this property compare to others on Bibeau Bay?
A: It’s very much a middle-of-the-road home for the street. It ranks 31st out of 76 homes for living area (just above average) and 37th for lot size. The assessed value is on the lower side, ranking 62nd, which means you’re paying below the street average for a home that’s typical in size and age.
Q: Is the assessed value of $334,000 a good deal for Windsor Park?
A: Relative to the community average of about $354,000, yes. The property is assessed about 6% lower than the Windsor Park norm, despite being close to average in square footage and lot size. This could translate to lower property taxes than many comparable homes in the area.
Q: How does the lot size compare citywide?
A: The lot is 5,773 sq ft, which is slightly smaller than the Winnipeg average of 6,570 sq ft. However, within Windsor Park, it’s very close to the community average. It ranks in the top 37% citywide, so it’s not a small lot—just not oversized by local standards.
Q: The home was built in 1960. Is that old for Winnipeg?
A: Not particularly. The average home in Windsor Park was built in 1961, and the citywide average is 1966. So it’s typical for the neighborhood and only slightly older than the Winnipeg median. Buyers should expect mid-century construction details and plan for updates accordingly.
Q: What does the “接近平均” (close to average) rating actually mean?
A: For each metric—living area, lot size, build year, and assessed value—the home falls within a narrow band around the median for its street and community. This means it’s not an outlier in any direction. It’s neither exceptionally large nor small, neither a bargain fixer nor a premium flip. This reduces surprises but also limits potential for rapid appreciation from being undervalued compared to neighbors.