39 Almond Bay – Property Summary
1. Key Characteristics, Appeal, and Likely Buyers
This 1958 bungalow (937 sq ft) on a 4,998 sq ft lot sits on a street where it ranks near the top for both year built (first out of 37 homes) and assessed value (eighth on the street). The home’s value is notably strong relative to its immediate neighbours, while its living area is average for the street but below average for both the wider Windsor Park neighbourhood and Winnipeg as a whole. The land is slightly smaller than typical for the area.
The appeal here is less about space and more about value context. On its own street, this property represents good assessed value for the square footage. The home’s 1958 construction is among the oldest on the block, which can appeal to buyers looking for a well-established, more solidly built mid-century home rather than a newer, possibly lighter construction. The lot, while not oversized, is workable and typical of the street.
This would suit a buyer who prioritizes a strong value proposition within a specific street or small pocket, or someone looking for a starter home or downsizing option in a stable older neighbourhood. It may be less attractive to buyers who need more square footage or a larger lot, given the below-average rankings in those categories city-wide.
2. Five Possible FAQs
1. The assessed value seems high for the size. What drives that?
The home’s assessed value is above average for its street and around average for the neighbourhood and city. This likely reflects its age (older, established home), location on a particular street, and possibly condition or recent updates, rather than sheer square footage. The value appears to be supported by the street’s overall character, not by the home being unusually large.
2. How does living area compare to nearby homes?
It’s about average for Almond Bay (937 sq ft vs. a street average of 908 sq ft), but below average for the neighbourhood (1,091 sq ft) and the city (1,342 sq ft). This means that while it’s not small relative to its immediate neighbours, it is on the smaller side when compared to homes in the broader area. It’s a compact, functional floor plan rather than a spacious one.
3. Is the land big enough for additions or a garage?
At 4,998 sq ft, the lot is slightly below the street average (5,571 sq ft) and well below the neighbourhood average (6,030 sq ft). It is large enough for a typical detached garage or modest addition, but buyers with serious expansion plans should verify setback and zoning rules. It is not a deep or wide lot by local standards.
4. Why is the year built listed as “elite” on the street?
The home is tied for the oldest on Almond Bay (1958), ranking first out of 37 homes. “Elite” refers to the ranking relative to the street—it outranks others in age, meaning it is one of the earliest built. That said, 1958 is not exceptionally old city-wide; it’s simply the oldest on that particular block, which may speak to the street’s later development pattern.
5. How should I interpret the rankings (e.g., “Top 32%”)?
These rankings compare this home to similar properties at three geographic levels: within the same street, within the Windsor Park neighbourhood, and across Winnipeg. “Top 32%” means the home ranks better than 68% of comparable homes on the same street for that metric. The bar fill shows roughly what share of peers you outperform. It’s a relative comparison, not a judgment of quality—just a way to see where this property sits in relation to others nearby.