Property Overview: 24 Northumbria Bay, Winnipeg
Key Characteristics & Buyer Profile
This single-family home in Windsor Park offers 1,220 square feet of living space on a notably large 7,163-square-foot lot. Built in 1964, the property ranks well above average within its immediate neighbourhood for both lot size and assessed value. The living area is typical for the street but slightly stronger when compared to the broader neighbourhood, suggesting the home holds its own among nearby properties without being oversized for the area.
The main draw here is the lot. At over 7,100 square feet, it places in the top 7% of homes on Northumbria Bay and top 16% citywide. For buyers who value outdoor space—whether for gardening, expansion, or simply more breathing room—this is the standout feature. The assessed value of $378,000 is above the street and neighbourhood averages but remains close to the citywide median, meaning the home offers good relative value for a property with this much land.
The home would best suit a buyer looking for a solid, middle-aged home in a stable neighbourhood where the land holds more potential than the structure itself. It’s less suited to someone wanting a turnkey, recently renovated house, and more appropriate for someone who sees long-term value in the lot and is comfortable with a 1960s home that may need updates. Windsor Park is a well-established area with mature trees and convenient access to amenities, which appeals to families, downsizers, and investors alike.
Frequently Asked Questions
1. How does the lot size here compare to other homes in Windsor Park?
The lot is well above average for the neighbourhood. It ranks in the top 11% of all properties in Windsor Park, and the typical lot in the area is about 6,030 square feet. This property exceeds that by roughly 1,100 square feet.
2. Is the assessed value of $378,000 a fair reflection of the home’s condition?
The assessed value is above both the street and neighbourhood averages, which suggests the home is considered to be in decent shape relative to its peers. However, assessed value doesn’t directly reflect interior finishes or recent upgrades. It’s best used as a baseline for comparison rather than a measure of move-in readiness.
3. What are the potential downsides of a home built in 1964?
Homes from this era often have original mechanical systems, windows, or insulation that may require updating. The year-built ranking is average for the street and city, but above average for the neighbourhood—meaning some nearby homes are older, but many have likely been renovated. Buyers should budget for potential electrical, plumbing, or foundation work depending on the home’s maintenance history.
4. How does this property compare to newer homes in the city?
Citywide, the living area is slightly below average (1,220 sqft vs. 1,342 sqft), and the home is older than the median (1964 vs. 1966). The lot size, however, is significantly larger than the citywide average. This is typical for older, established neighbourhoods where lots tend to be more generous than in newer subdivisions.
5. Is Windsor Park a competitive area for buyers?
The neighbourhood ranks well—top 16% for lot size and top 22% for assessed value among over 3,300 comparable neighbourhood zones. This suggests Windsor Park is a desirable, above-average area in Winnipeg. Homes with large lots here tend to attract attention from buyers who value space and stability over newer construction.