40 Cascade Bay – Property Summary
Key Characteristics & Profile
This is a 1,096-square-foot home built in 1959, sitting on a 6,281-square-foot lot in Windsor Park. What stands out is the lot size—it’s above average both within the neighbourhood (top 29%) and city-wide (top 26%), which gives it genuine outdoor space compared to many nearby homes. The living area is also on the larger side for the street, ranking 9th out of 50, though it sits closer to the middle of the pack across Windsor Park and Winnipeg as a whole. The assessed value is right around the neighbourhood average, which suggests the property is priced in line with what’s typical for the area, without being overvalued relative to its peers. The home’s age (1959) is consistent with the street’s character, and while not newly built, it’s not notably older than surrounding houses either.
The appeal here leans toward buyers who want a good-sized lot in an established neighbourhood without paying a premium for a fully renovated or newer home. It would particularly suit someone looking for a solid mid-century house with room to add value through updates or landscaping—since the bones (lot size and floor plan) are already above average for the street and community. First-time buyers, small families, or investors looking for a property with decent land component might find it practical. It’s not a flashy or standout property city-wide, but within its immediate context, it offers good proportion and stability.
Five Possible FAQs
1. How does the lot size compare to other homes in Windsor Park?
The lot is 6,281 sqft, which is above average for the neighbourhood (top 29%). It also ranks in the top 26% city-wide, so you’re getting more land than most homes in Winnipeg, not just this area.
2. Is the assessed value likely to increase?
The assessed value is close to the street and neighbourhood averages, so it’s not over- or under-valued relative to its immediate peers. Any change would depend on market trends or improvements you make—the lot itself gives room for added value.
3. Does the home need major renovation?
Built in 1959, so it’s a mid-century home. Without seeing the interior condition, it’s fair to expect typical age-related updates (mechanicals, windows, finishes). The ranking suggests it’s comparable to other homes of that era on the street.
4. How does the living space compare to other homes in the area?
At 1,096 sqft, it’s above average on Cascade Bay (top 18%) but close to the Windsor Park average. So it feels spacious for the street, but not unusually large for the wider community.
5. What type of buyer typically goes for this kind of property?
Often buyers who value outdoor space and a quiet, established street over a brand-new build. It’s also a good fit for someone who sees potential in updating a solid older home rather than paying for someone else’s renovations.