42 Argonne Bay: Property Summary
Key Characteristics & Buyer Profile
This is a 1956 bungalow in Windsor Park with 778 square feet of living space on a 4,994-square-foot lot. Its assessed value is $330,000.
The property’s standout feature is its build year. It’s the oldest home on Argonne Bay (top 3%), which gives it the character and construction quality typical of mid-century Winnipeg houses—often solid framing, simple floor plans, and mature landscaping. On the street level, the value sits slightly above average (top 31%), meaning it’s priced competitively against its immediate neighbours.
Where the property falls short is space. The living area ranks near the bottom in the wider Windsor Park neighborhood (top 97%) and the lot is also smaller than most nearby properties (top 94% in the area). Citywide, both size and value hover around average.
This property would suit buyers who prioritize location and character over square footage. It’s a good fit for someone looking to get into an established, central Winnipeg neighbourhood without paying a premium for a bigger house. It could also appeal to anyone wanting a manageable single-level home with room to add value through finishing the basement (not mentioned, but typical for this era) or updating interiors. It’s less suited for families needing multiple bedrooms or extra living space right away.
Frequently Asked Questions
1. How does the assessed value compare to similar homes nearby?
On Argonne Bay, it’s slightly above average (top 31%). In Windsor Park as a whole, it’s below average (top 78%), and citywide it’s around average (top 61%). So you’re paying a bit more than the street median but less than the neighbourhood median.
2. Why is the lot size ranked so low if it’s almost 5,000 square feet?
The lot is 4,994 sqft, which is small relative to Windsor Park standards—most homes in the area sit on 6,000+ sqft lots. Citywide, it’s closer to average (top 56%). The street itself has larger lots on average (5,497 sqft), so this home sits on the smaller end for Argonne Bay.
3. Is this a good candidate for a renovation or addition?
The 1956 build suggests solid bones, but the small living area and lot size limit expansion potential compared to other properties in the neighbourhood. Renovating the existing space (kitchen, bathrooms, or finishing a basement) is more realistic than adding a significant extension. Check local zoning and setback rules before planning major changes.
4. What’s the neighbourhood like in terms of resale value?
The assessed value ranking suggests Windsor Park isn’t currently a high-appreciation area relative to the rest of Winnipeg (top 78% neighbourhood rank is below average). However, the street-level rank (top 31%) indicates this home holds value well against its immediate neighbours. Buyers shouldn’t expect rapid equity growth, but stability is likely.
5. How does the year built affect insurance or maintenance?
Homes from 1956 often have older electrical, plumbing, and insulation. Expect higher insurance premiums compared to newer builds, and budget for potential upgrades like knob-and-tube wiring removal or asbestos testing (common in that era). That said, the construction quality and materials from that period are frequently better than what you’d find in the 1970s or 1980s.