6 Peterboro Bay – Property Summary
Key Characteristics & Buyer Profile
This is a 1,040-square-foot home built in 1963 on a 5,907-square-foot lot, located in the Windsor Park neighbourhood of Winnipeg. The assessed value sits at $374,000.
Where it stands relative to others is mixed, and that’s where the nuance is. On its own street (Peterboro Bay), the living area is below average—ranked 49th out of 57 homes. But the lot is closer to the median for the street, and the assessed value is roughly average there too. Zoom out to the neighbourhood level, and the picture shifts: the home’s value ranks in the top 27% of Windsor Park, and its year of construction is newer than 81% of nearby homes. Citywide, both value and living area fall near the middle.
The appeal here is less about standout size or a bargain price and more about relative value within a specific pocket. You’re getting a solid, older home on a decent lot in a neighbourhood where similar properties are valued a bit higher than the street average might suggest. The lot is slightly smaller than the city norm, but at nearly 6,000 square feet, it’s still functional for a yard, garden, or small addition.
This property would suit a buyer who wants established neighbourhood character—Windsor Park is a postwar development with mature trees and grid streets—without paying a premium for a fully updated or unusually large home. It might also appeal to someone who sees the slightly smaller living area and older construction as an opportunity for measured improvements, rather than a drawback. First-time buyers who aren’t chasing square footage, or downsizers who want a manageable home in a settled area, could find it a practical fit.
Frequently Asked Questions
1. How does the living area compare to other homes in Windsor Park?
It’s around average for the neighbourhood. The home is 1,040 square feet, while the neighbourhood average for comparable homes is 1,091 square feet—so it’s slightly below, but not notably small by local standards.
2. Is the assessed value of $374,000 reasonable for this property?
By neighbourhood measures, yes. The home ranks in the top 27% of Windsor Park for assessed value, with the neighbourhood average at $354,200. On its own street, the average is $371,400, so it aligns closely with street-level norms too.
3. How old is the home, and is that typical for the area?
Built in 1963, which is newer than most homes in Windsor Park (neighbourhood average is 1961). On Peterboro Bay, the average year built is 1964, so it’s consistent with the street. Citywide, the average is 1966, so it’s a bit older than Winnipeg’s overall stock but typical for this part of town.
4. What’s the lot size, and is it considered small or large?
The lot is 5,907 square feet. That’s slightly smaller than the citywide average of 6,570 square feet, but nearly identical to the neighbourhood average of 6,030 square feet. On the street, it ranks 22nd out of 57, which is above the median—so it’s a solid, usable lot for the area.
5. What kind of neighbourhood is Windsor Park?
Windsor Park is a well-established residential area in Winnipeg, mostly developed in the 1950s and 1960s. It’s known for its mature trees, quiet streets, and mix of modest single-family homes. Amenities include parks, schools, and the Windsor Park Golf Course. It’s not a trendy or rapidly changing neighbourhood, but it’s stable and family-oriented, with easy access to the Trans-Canada Highway and downtown.