44 Monaco Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,020 sqft home built in 1961, sitting on a 5,984 sqft lot in Winnipeg’s Windsor Park neighbourhood. The numbers tell a story of a property that sits squarely in the middle of the pack—neither a standout nor an outlier. On its street, the living space is slightly below the average of 1,087 sqft, and compared to the city as a whole, it’s noticeably smaller than the typical 1,342 sqft home. The lot size is close to the neighbourhood average, and the assessed value of $350,000 lands below the street average of $363,000 but near the community norm.
Where the appeal lies is in its balance. This isn’t a house that wows with size or flash. Instead, it offers a solid, unpretentious footprint on a reasonably sized lot in a well-established area. The 1961 build means it’s likely part of the first wave of post-war suburban development in Windsor Park—a neighbourhood known for mature trees, quiet streets, and a mix of original and updated homes. For a buyer, this is less about getting the biggest house on the block and more about getting into a stable, developed area without paying a premium for a showpiece.
It would suit buyers who are practical about space and prioritize location over square footage. First-time homeowners looking for something manageable, downsizers who don’t need extra rooms, or investors targeting a rental in a solid mid-range neighbourhood could all find this a good fit. The data suggests there’s nothing to fix or fight—just a straightforward home in a well-established part of the city.
Frequently Asked Questions
1. How does the living space compare to other homes in Windsor Park?
It’s right around the average for the neighbourhood. The median home in Windsor Park is about 1,091 sqft, so this one is just slightly smaller. It’s not considered undersized for the area.
2. Is the assessed value of $350,000 reasonable for this property?
It’s a bit below the street average ($363,000) but in line with the broader community ($354,000). This suggests the home is priced conservatively within its immediate context, though slightly lower than what some neighbours are valued at.
3. What does the “below average” citywide ranking for living area mean in practice?
It means this home is smaller than roughly 72% of all comparable properties across Winnipeg. If you’re coming from a bigger house or are used to more square footage, this will feel compact. But within Windsor Park, it’s typical.
4. Is the 1961 build year a concern for maintenance or renovations?
Homes from that era often have solid construction but may need updates to mechanicals, windows, or insulation. The fact that it’s mid-range for both the street and the city suggests it’s not unusually old or young for the area—renovation potential will depend on what previous owners have done.
5. What’s the advantage of the lot size here?
At 5,984 sqft, it’s slightly above the street average and near the neighbourhood average. For a smaller home, the lot offers a bit more outdoor space than the house might suggest—good for gardens, a shed, or future expansion, though that would depend on zoning and setbacks.