31 Jubinville Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,027 sqft bungalow built in 1960, sitting on a 4,841 sqft lot in Winnipeg’s Windsor Park neighbourhood. The home is priced below both the street and neighbourhood average, with an assessed value of $327,000. Its main appeal is affordability in a well-established area. The living space is slightly smaller than typical for the street, and the lot is noticeably compact—among the smallest on Jubinville Bay. What makes this property stand out is its age: it was built in the same year as most homes on the street, but ranks in the top 19% locally, meaning many surrounding houses are newer. This suggests the structure may have been well-maintained or updated, or that the street has seen some infill development. The home would suit first-time buyers looking for an entry point into a mature neighbourhood, investors seeking a lower-priced asset in an area with stable demand, or downsizers who want a modest footprint without a large yard to maintain.
Five Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is 1,027 sqft, which is slightly below the street average of 1,055 sqft and the neighbourhood average of 1,091 sqft. Citywide, it ranks in the bottom third for comparable homes. The lot is also on the smaller side—4,841 sqft versus the street average of 5,595 sqft.
2. Is the assessed value below market?
The assessed value is $327,000, which is below the street average ($347,900), neighbourhood average ($354,200), and citywide average for comparable homes ($390,100). This doesn’t necessarily mean it’s a bargain, but it does suggest the home is priced lower than many peers in the same area.
3. Why is the year built ranked so high on the street?
Although the home was built in 1960, which is the street average, it ranks 7th out of 36 homes. That means the majority of houses on Jubinville Bay were built after 1960. So while 1960 isn’t recent by city standards, it’s older relative to the street.
4. What does the lot size mean for maintenance or future use?
At 4,841 sqft, the lot is among the smallest on the street. This means less outdoor maintenance, but also less space for additions, a garage, or extensive landscaping. It’s a trade-off that favours low upkeep over expandability.
5. Where can I see how this property compares to others on a map?
You can open the neighbourhood analysis page linked from the property detail. It shows nearby homes mapped with side-by-side comparisons of year built, living area, assessed value, and lot size.