2 Byron Bay

Property Overview

This one-storey home on Byron Bay in Winnipeg's Kirkfield neighbourhood presents a practical and value-oriented opportunity. Built in 1960, its key appeal lies in its above-average assessed value for the immediate street, suggesting it is a well-regarded property on its block. The living space is a manageable 1,088 sqft, and the lot size is a notable asset, ranking above average city-wide, which offers good outdoor space potential. A recently renovated basement adds modern, functional living area. The home features a detached garage.

Its straightforward layout and efficient size would suit first-time homebuyers, downsizers, or practical investors looking for a solid entry into the market without excessive upkeep. The appeal is grounded in its strong positioning within its micro-location, the value-added basement renovation, and the generous lot for the area—offering room to breathe that is less common in newer developments.

Frequently Asked Questions

What does "above average assessed value for the street" actually indicate?
It suggests that, according to municipal assessment, this property is valued more highly than many of its direct neighbours. This often reflects factors like lot desirability, property condition, or improvements like the renovated basement, and can point to a well-maintained home on a sought-after stretch of the street.

Is a home from 1960 a concern?
While the age means systems like plumbing or electrical may need attention, the data shows it's actually one of the older homes on Byron Bay. This can sometimes mean it was built with more robust materials than later constructions. A thorough inspection is always advised to understand the condition of the roof, foundation, and major components.

How does the detached garage affect usability, especially in winter?
A detached garage offers flexibility for workshops or projects but does mean a walk to and from your vehicle in inclement weather. For some buyers, this is a worthwhile trade-off for the separation and extra space; for others, it's a daily inconvenience to consider.

The last recorded sale was in 2016. Should that be a red flag?
Not necessarily. A long ownership period can indicate a stable, well-cared-for home. It does mean there is less recent sales data to gauge precise current market value, making a professional appraisal and market analysis particularly important.

The lot is larger than the city average. What are the pros and cons?
The pros include more privacy, space for gardening, play, or future additions like a deck or shed. The cons typically involve more yard maintenance—more grass to cut, more garden beds to manage—which translates to higher time or cost investment.