45 Jubinville Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,030 sqft home built in 1960 on a 5,248 sqft lot, with an assessed value of $350,000. Its strongest relative advantage is age: on its street, it ranks among the older homes (top 19%), which often signals solid original construction and established landscaping. The assessed value sits slightly above the street average but below the city average, suggesting reasonable value relative to its immediate neighbours.
Where the property stands out less is land area. Within the Windsor Park neighbourhood, the lot is on the smaller side (top 85%), meaning most nearby homes have more yard space. Living area is also slightly below the city average, though close to the street and neighbourhood medians.
Appeal: This home would likely attract buyers who prioritize location and neighbourhood character over maximum square footage or a large yard. The 1960 build year puts it in a period of well-built post-war housing, and the assessed value is balanced—not a bargain, but not overpriced compared to similar homes nearby. It may also appeal to someone looking for a manageable property with less outdoor maintenance.
Ideal buyer: First-time buyers or downsizers who want a solid home in an established Winnipeg neighbourhood without paying a premium for extra land. Also suitable for someone who values being on a quieter street with homes of a similar vintage.
Frequently Asked Questions
1. How does the living area compare to other homes nearby?
It’s about average for the street and neighbourhood—1,030 sqft versus a street average of 1,055 sqft and a neighbourhood average of 1,091 sqft. Citywide it’s below average, but that’s expected for an older, more central area.
2. Is the assessed value fair for this property?
Yes, it’s slightly above the street average ($347.9k) but below the city average ($390.1k). The ranking (top 36% on the street) suggests it’s not overvalued relative to immediate neighbours, and it’s not a standout high-value home.
3. Why is the land area ranked lower than other features?
The lot is 5,248 sqft, which is smaller than most homes in Windsor Park (top 85% means it’s in the bottom 15% for land size locally). Citywide it’s about average. Buyers wanting a big yard may find this a limitation.
4. How old is the home, and is that a concern?
Built in 1960, it’s one of the older homes on the street (top 19%). Age isn’t automatically a problem, but buyers should factor in potential updates to systems like electrical, plumbing, or insulation. The silver lining is that older homes in this price range often have more character and better materials than newer builds.
5. What does “ranking” really mean in these stats?
The rank compares this property against similar homes within the same street, neighbourhood, or city. A top 36% street rank for assessed value means it’s valued higher than about 64% of homes on that street. A top 85% land rank means it’s smaller than about 85% of properties in the neighbourhood. Higher percentages for living area, value, and year are better; for land area, a lower percentage indicates a larger lot.