Property Overview: 147 Queensbury Bay
Key Characteristics & Buyer Appeal
This bi-level home at 147 Queensbury Bay in Winnipeg's Dakota Crossing neighborhood presents a practical and value-conscious opportunity. Its key characteristics include a renovated basement, an attached garage, and a manageable 1,217 sqft of living space on a standard 5,088 sqft lot. Built in 1986, the home is newer than many in the wider city but is among the older homes on its own street, suggesting a well-established, mature streetscape.
The appeal lies in its solid positional value. The assessed value ranks notably higher citywide than within its immediate area, which can indicate a property holding its own in the broader market while potentially offering relative value within Dakota Crossing. The renovated basement adds modern livability without the need for immediate upgrades. This property would suit first-time buyers seeking a move-in-ready home with a low-maintenance footprint, or practical investors looking for a stable rental property in a consistent neighborhood. It’s a home for those who prioritize functional space and neighborhood stability over high-end finishes or a brand-new build.
Frequently Asked Questions
1. How does this home compare in size to its neighbors?
At 1,217 sqft, the living area is slightly below the average for both Queensbury Bay and the Dakota Crossing area, but is very close to the citywide average for comparable homes. It offers a moderately sized, efficient layout.
2. Is the assessed value a good indicator of the expected sale price?
The assessed value is one data point. Notably, this home’s citywide assessment ranking is strong (Top 26%), but its last sale price in 2020 was below its current assessment. Market conditions, the renovated basement, and buyer demand will ultimately determine the sale price.
3. What does the "year built" ranking tell us?
Built in 1986, the home is newer than 73% of all homes in Winnipeg. However, on Queensbury Bay, it ranks in the bottom 7%, meaning most direct neighbors have newer homes. This often points to a settled street with older, mature landscaping and established community ties.
4. What are the implications of the renovated basement?
A renovated basement immediately adds functional living space without the project cost or hassle for a new owner. It’s a key feature that enhances day-to-day livability, whether used as a family room, home office, or secondary suite (subject to local regulations).
5. How does the lot size affect the property?
The lot is around 5,088 sqft, which is fairly standard and slightly below average for the street and city. This typically means manageable yard maintenance—a plus for busy owners—but may limit possibilities for large additions or extensive outdoor amenities compared to larger lots.