44 Peterboro Bay

44 Peterboro Bay – Property Summary

Key Characteristics & Buyer Fit

This is a 1964-built home in Winnipeg’s Windsor Park neighbourhood, with 1,026 square feet of living space on a 5,774 sqft lot. Its assessed value is $394,000.

Where the appeal lies: The standout feature is the assessed value. On Peterboro Bay itself, it ranks 6th out of 57 homes (top 11%), well above the street average of $371,400. Within the wider Windsor Park area, it sits in the top 12% for value. This suggests the home has held or gained value relative to its immediate neighbours, even though its living area (1,026 sqft) is on the smaller side for the street. The year built (1964) is roughly average for the street but newer than much of the neighbourhood, which may appeal to buyers wanting a mid-century build without the older end of the spectrum.

The trade-off: The lot is below average for Peterboro Bay (5,774 sqft vs. 6,109 avg), ranking near the bottom of the street. So while the structure itself is valued highly, the land component is less generous. This property suits buyers who prioritize a strong value proposition and a desirable street over a big yard. It would be a natural fit for someone looking for a solid, well-located bungalow or starter home in a neighbourhood with above-average assessment trends, rather than someone seeking maximum square footage or a large lot for expansion.

Less obvious angle: The citywide ranking for assessed value (top 40%) is less impressive than its street and neighbourhood rankings. This means the property is a strong performer in context—it’s punching above its weight locally, but isn’t an outlier citywide. A buyer who plans to hold long-term might see this as a home with local momentum rather than one that’s already peaked.

Five Possible FAQs

1. How does the living area compare to other homes on this street?
It’s below average. At 1,026 sqft, it ranks 56th out of 57 homes on Peterboro Bay (top 98%), while the street average is 1,230 sqft. The neighbourhood average is 1,091 sqft, so it’s close to that.

2. Is the assessed value unusually high for what you get?
It depends on what you compare it to. On this street and in Windsor Park, the value is well above average—$394,000 vs. street average of $371,400 and neighbourhood average of $354,200. Citywide, it’s around average ($390,100), so it’s not an outlier at the broader scale.

3. How old is the house, and is that typical for the area?
Built in 1964, which is average for the street (also 1964) and slightly newer than the neighbourhood average (1961). Citywide, the average comparable home was built in 1966, so it’s a bit older than that.

4. Is the lot big enough for additions or a garage?
The lot is 5,774 sqft—below the street average of 6,109 sqft and ranking 49th out of 57. It’s not a large lot, but it’s within the typical range for Windsor Park. Whether it’s enough for an addition depends on local zoning and setbacks; you’d want to check the property’s specific dimensions.

5. How does this home rank against others in the same price range?
It ranks well locally but not citywide. On Peterboro Bay, it’s in the top 11% for assessed value. In Windsor Park, top 12%. But citywide, it’s only in the top 40%. So it’s a strong value within its immediate area, not a steal compared to the whole city.