Key Characteristics & Buyer Profile
This 930 sqft home on Argonne Bay was built in 1956 and sits on a 5,494 sqft lot. Its key strength is its construction year—at the top of its street (ranked 1st out of 39), it’s among the older, more established homes in the neighbourhood. The living space is above average for the immediate street (ranking in the top 15%), but falls short of both the Windsor Park community average (1,091 sqft) and the Winnipeg-wide average (1,342 sqft).
The assessed value sits at $315,000, which is slightly below the street average of $323,000 and well under the city average of $390,000. This suggests relative affordability within the area, and the property’s land is close to the street average—meaning you’re not paying a premium for extra lot size.
Where its appeal lies: The home offers a density-sensitive floor plan in a street that tends to have smaller homes overall. For buyers who value being in a pocket of older, character-era construction, the 1956 build date gives it solid bones compared to newer subdivisions. The combination of below-community-average price and above-street-average living space creates a practical entry point.
Who it suits: Cautious first-time buyers looking for a starter home in an established neighbourhood, or downsizers who want less square footage than newer homes but don’t want a condo. It’s also well-suited for buyers who are willing to do cosmetic updates or minor renovations—given its mid-range assessment and older profile, there’s likely some room to add value without overcapitalizing for the street. It’s less ideal for anyone looking for a large family home or for lot size as a primary priority.
Five Possible FAQs
1. How does the living space compare to other homes in the immediate area?
It’s one of the larger units on the street—ranking 6th out of 39 homes (top 15%). The street average is 865 sqft, so this home offers about 65 sqft more than typical. But in the broader Windsor Park community and city, it’s below average.
2. Is the assessed value a good indicator of market price?
Not exactly, but it’s a useful benchmark. The $315,000 assessment is below the street average ($323K) and well below community ($354K) and city averages ($390K). It suggests the listing price could be competitive for the area, but final market price will depend on condition, upgrades, and how many similar homes are on the market at the same time.
3. The construction year ranks top on this street—what does that mean practically?
It means the home is among the earliest built on Argonne Bay. For a 1956 build, that can indicate solid framing, mature landscaping, and a well-established foundation. However, it also means older mechanicals, windows, and insulation are likely—so factor in potential upgrade costs.
4. What’s the land like? Will I have a usable yard?
At 5,494 sqft, the lot is almost exactly average for the street and slightly smaller than the Windsor Park community norm (6,030 sqft). It’s a typical city lot—likely enough for a garden, shed, or small play area, but not oversized or unusually generous for the neighbourhood.
5. Are there other homes in the area that might be a better value?
If living space size is your main priority, you’d find larger options in other parts of Windsor Park or newer subdivisions—but at a higher price point. If budget is tight and you’re flexible on square footage, this street’s overall lower values and older stock could give better short-term affordability than buying deeper into the community.