6 Cypress Bay – Property Summary

Key Characteristics & Buyer Profile

This is a 936 sqft home built in 1958, sitting on a 6,397 sqft lot in Windsor Park, Winnipeg. The property’s strongest feature is its land: the lot ranks in the top 24% citywide and top 23% within the neighbourhood, meaning it's noticeably larger than many comparable homes nearby. The house itself is smaller than average—well below the street’s average living area of 1,587 sqft—which is the main trade-off. The assessed value of $356,000 sits around the neighbourhood and city averages, suggesting the price reflects the land more than the structure.

What's less obvious: this property is a classic "tear-down or fixer-upper" candidate on a good lot. It may also appeal to someone who values outdoor space over square footage and doesn't need a large interior. The year-built analysis shows it's roughly average for the area, so it's not unusually old for the neighbourhood.

Best suited for: buyers looking for a larger lot in a solid mid-century neighbourhood, possibly to renovate, rebuild, or hold as a long-term investment. Less suited for those wanting a move-in-ready home of average size.

Five Possible FAQs

1. How does the living area compare to other homes in Windsor Park?
The 936 sqft is below average for both the street and the neighbourhood. The neighbourhood average is around 1,091 sqft, so this home is about 14% smaller than nearby homes.

2. Is the assessed value a fair reflection of market price?
Assessed value ($356K) is slightly below city and neighbourhood medians, but it doesn’t always line up with sale price. Given the large lot, it’s possible the property could sell above assessment depending on development potential in the area.

3. What’s the advantage of a lot this size in this part of Winnipeg?
A 6,397 sqft lot in the top quarter of the city gives you room for a garage, a large garden, or even a future secondary suite if zoning allows. In older neighbourhoods like Windsor Park, these lots are becoming harder to find.

4. How old is the house, and does that matter?
Built in 1958, it’s around average for the area. Most homes in Windsor Park date from the 1950s–1960s, so this is typical. The age itself isn’t unusual, but you’ll want to budget for updates to mechanicals and finishes.

5. Are there any downsides to the street ranking?
The street has a wide range of home sizes and values. Being ranked near the bottom for living area and assessed value on the street means this is one of the more modest homes there. That could affect resale if neighbouring properties are significantly larger or pricier.