4 Jubinville Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,038 sqft home on a 5,546 sqft lot, built in 1960, with an assessed value of $346,000. It sits on Jubinville Bay in the Windsor Park neighbourhood of Winnipeg.
What stands out here is not flashiness, but consistency. Across all four metrics—living area, lot size, assessed value, and year built—this property falls solidly in the middle of its street and neighbourhood. It ranks slightly above average on the street for value (19th of 36) and year built (7th of 36), but it’s neither the biggest nor the smallest. The lot is actually a bit smaller than the neighbourhood average, but still sits in the middle citywide.
The appeal is straightforward: it’s a predictable, established home in a settled area. There are no extremes to price in or worry about. The home is older, but not exceptionally so for Winnipeg, where the citywide average build year is 1966. That means the bones are likely solid, but a buyer should expect some updates have been done—or will be needed.
This property would suit a buyer who wants a realistic, no-surprises entry into an established neighbourhood—someone who values location and stability over a turnkey finish. It’s well-suited for a first-time buyer who doesn’t mind cosmetic work, or for someone looking to downsize to a manageable single-floor or bungalow-style layout (typical of homes from this era) without paying for a premium lot or a renovated interior they’d have to budget around.
Frequently Asked Questions
1. How does this property compare to others on the same street?
It’s right in the middle of the pack. The home ranks 19th out of 36 in assessed value (top 53%) and 7th out of 36 in age (top 19%—one of the newer homes on the street, relatively speaking). It’s not a standout in size, but it’s also not the smallest.
2. Is the lot size small for the neighbourhood?
Slightly. At 5,546 sqft, it’s below the Windsor Park average of 6,030 sqft (ranking 2,337 out of 3,307). But citywide, it’s still ahead of 42% of comparable properties. So it’s a smaller lot, but not unusually so for an older inner-ring neighbourhood.
3. What does “assessed value” actually tell me about the home’s condition?
Assessed value reflects market conditions and comparable sales, not inspection-level condition. A $346K assessment suggests the home is in average shape for its age and area, but you’d still want a professional inspection, especially for a 1960 build. Older systems (furnace, roof, electrical) won’t show up in the numbers.
4. Why is the living area smaller than the citywide average?
That’s typical for this era and neighbourhood. The average home in Winnipeg is 1,342 sqft, but this home is 1,038 sqft—about 23% smaller. That’s not a red flag; it just means the home is modestly sized compared to newer subdivisions. Many homes from the 1960s in city neighbourhoods are in this range.
5. Would this be a good rental or investment property?
Possibly, but with some caveats. The consistent mid-range metrics make it low risk in terms of market volatility—you’re not overpaying for a trendy area or an overimproved house. The smaller lot and older construction mean it’s priced for cash flow, not speculation. However, an older home has higher maintenance costs, so run the numbers carefully. It may work best as a long-term hold rather than a quick flip.