Property Overview: 47 Mount Auburn Bay, Winnipeg
This bi-level home in Inkster Gardens presents a specific and practical opportunity in the Winnipeg market. Its appeal is rooted in a balance of space, value, and location-specific characteristics.
Key Characteristics & Ideal Buyer
The home’s primary feature is its generous 6,179 sqft lot, which is notably larger than most in the immediate area and across the city. This offers valuable outdoor space and potential. The living area (1,032 sqft) is modest and below the neighbourhood average, suggesting an efficient layout rather than expansiveness. A key update is the renovated basement, adding functional living space. The property includes a detached garage.
Its assessed value is consistently around the average for its street and neighbourhood, indicating a stable, mid-range valuation in the local market. Built in 1983, it is older than many area homes, which may imply well-established landscaping but also a need for attention to aging components.
This property would best suit a value-conscious buyer who prioritizes land size over interior square footage—perfect for someone wanting room for gardening, pets, or future additions. It’s also a fit for first-time homeowners or downsizers looking for a manageable bi-level with updated basics (like the basement) in a established community. The appeal lies in the lot size offering a sense of space that is increasingly rare, paired with a home that is priced in line with its locale.
Frequently Asked Questions
1. What does the "below average" living area ranking mean for daily life?
It means the home’s interior is more compact than many in Inkster Gardens. This typically results in lower utility costs and less maintenance, but requires thoughtful space planning. The renovated basement is a crucial feature that effectively expands the usable living area.
2. The assessed value seems low compared to the city-wide average. Why?
The city-wide average includes all property types and newer, higher-value areas. This home’s assessment is aligned with the specific market values in the Inkster Gardens neighbourhood, reflecting its older age and modest size. It indicates the home is priced accessibly within its own community context.
3. How significant is the larger lot size in practice?
A lot size in the top 14-18% for the area is a standout feature. It provides more privacy, space for sheds or play structures, and breathing room between you and neighbours—a premium in older suburbs where lots are often smaller.
4. What are the implications of the home being older than the neighbourhood average?
While the neighbourhood has many homes built later, a 1983 build is still relatively modern for core systems. However, it suggests key components like the roof, windows, or major appliances may be nearing or past their typical lifespan, which is an important inspection and budgeting consideration.
5. Where can I find the exact historical sale price?
The exact sale price from the last transaction (September 2022) is not publicly displayed in detail due to data privacy practices. The listing service offers to provide this precise figure directly via email upon request, which is a common practice for obtaining verified sale history.