Property Overview: 2 Suzanne Bay, Glendale, Winnipeg
This two-storey home in Glendale presents a solid, renovated living space with a clear and established neighbourhood feel. Its appeal lies in offering above-average interior space for the area within a home that has already seen key updates, suggesting a move-in-ready experience without the premium of a brand-new build.
Key Characteristics & Ideal Buyer
The home's key characteristic is its generous 1,530 sqft of living area, which ranks well above average for both Glendale and the immediate street. This is complemented by a renovated basement, adding functional space. The attached garage and a decently sized 6,260 sqft lot provide practical suburban amenities. Built in 1976, the home is newer than many in the wider city and neighbourhood, potentially indicating fewer immediate age-related concerns.
Its primary appeal is for buyers seeking space and practicality over a sprawling yard. The renovated basement and strong living area ranking suggest the heavy lifting of modernization may already be done, offering value. It would suit a young family needing room to grow, or perhaps downsizers from a larger property who still want ample living space but prefer a manageable lot size. A thoughtful perspective is that while the assessed value is modest relative to the city, it ranks highly within Glendale itself, hinting at a property that is well-regarded in its specific, desirable locale.
Frequently Asked Questions
1. Is the renovation in the basement a full, permitted development?
While listed as "renovated," specifics on the scope, quality, and permitting of the basement work are not provided here. This would be a key point for verification during the buying process.
2. How does the sold price history inform the current value?
The home sold in 2017 for an estimated range of $305k-$335k. Market conditions have changed significantly since then, so this history provides a baseline for appreciation rather than a direct current value indicator.
3. The lot size ranks lower on the street. Is that a concern?
The lot is smaller than others on Suzanne Bay but is close to the citywide average. This likely means more backyard privacy than newer subdivisions, but less than some immediate neighbours. It balances outdoor space with lower maintenance.
4. What does the "above average" ranking for Year Built mean for maintenance?
A 1976 build is newer than many Winnipeg homes, so major systems like plumbing or electrical might be from a more modern era. However, a home of this age will still require diligent upkeep, and the condition of the roof, windows, and furnace should be evaluated.
5. Why is the assessed value so much lower than the citywide average shown?
The citywide average assessed value listed (approximately $390k) includes all property types across Winnipeg. The assessed value for this home ($37.30k) is not the market value; property assessments in Manitoba are a fraction of the estimated market value, used for tax purposes. Market value would be significantly higher.