6 Almond Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1958-built home with 776 sqft of living space on a 4,998 sqft lot, located on Almond Bay in Winnipeg's Windsor Park neighbourhood. The property’s assessed value is $309,000.
What stands out: The home was built in 1958, which places it among the earlier homes on the street—ranked #1 out of 37 for year built (top 3%). That’s the strongest ranking across all categories. On the other hand, the living area is slightly below the street average of 908 sqft and sits in the bottom 10% city-wide for size. The lot is typical for the street but smaller than the Windsor Park average. The assessed value is below both the street and neighbourhood averages, though it’s roughly in line with the city-wide median for comparable homes.
Where the appeal lies: For someone looking specifically in Windsor Park, this property offers a quiet, established street with a mid-century build. The smaller footprint and lower assessment could translate into more manageable upkeep and lower property taxes relative to newer or larger homes in the area. It’s a practical entry into a mature neighbourhood where most homes are larger and more expensive.
Who it suits: Buyers who prioritize an older, solidly built home on a good block over square footage. It may appeal to first-time buyers or downsizers who want a modest home in an established area without paying a premium for a larger lot or interior. It’s less suited for anyone needing ample living space or a large yard.
Five Possible FAQs
1. Why is the year built listed as a standout, even though the home is from 1958?
On Almond Bay, almost all homes were built in the same era, but this one happens to be the earliest. That matters because older construction often means different framing, materials, and insulation standards than later builds. In this case, being the first on the street isn't necessarily better or worse—just worth noting if you value character or are planning renovations.
2. The assessed value is below the street average—does that mean the home is in poor condition?
Not necessarily. Assessment values reflect market comparisons based on size, age, and location, not condition. A lower assessment could mean the home is smaller, on a smaller lot, or simply hasn't been updated in a way that raises its relative value. It doesn't automatically signal problems, but a home inspection would tell you more.
3. How does the lot size compare to other homes in Windsor Park?
The lot is about 5,000 sqft, which is typical for the street but noticeably smaller than the neighbourhood average of 6,030 sqft. Most homes in Windsor Park sit on larger lots, so if yard space is important, this property offers less than what's common nearby.
4. Is this a good investment for resale?
That depends on the market direction for smaller, older homes in the area. The property ranks low for living area and lot size locally, which could limit appreciation compared to larger homes. However, it's priced below the street median, so there may be room for value gains if the neighbourhood continues to rise. It's not a high-risk flip, but it's not a guaranteed winner either.
5. What does “top 68% city-wide for assessed value” actually mean?
It means the home's assessment is higher than 68% of all comparable properties in Winnipeg—so it's in the lower third of the city. That's a different picture than the street ranking, where it's below average. This suggests that while the home is affordable relative to its immediate neighbours, it's still middle-of-the-pack when compared across the whole city.