Property Overview & Key Characteristics
This 928 sqft bungalow at 34 Bender Bay, built in 1987, presents a practical and affordable entry point into Winnipeg’s Leila-Mcphillips Triangle neighbourhood. Its primary appeal lies in its relative modernity compared to many city homes, its manageable size, and its position as a solidly average property within its immediate area—offering stability without premium pricing. The home sits on a 3,792 sqft lot, providing decent outdoor space for the area.
The property would suit first-time buyers or downsizers seeking a low-maintenance, single-level living option in a established neighbourhood. It’s a sensible choice for value-focused purchasers who prioritize a home that is newer than the city median and are comfortable with a living space that is compact yet functional. A thoughtful perspective is that its "average" rankings on the street for size and value could indicate less competition and more negotiating room compared to standout properties, while its below-average rankings for the broader neighbourhood suggest it offers a more accessible price point within the community.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very typical for Bender Bay. Its living area, assessed value, and land size all rank close to the street average, meaning it’s a representative, not an outlier, property on the block.
2. Is the assessed value the same as the market price?
No. The assessed value of $32,500 is for municipal tax purposes. The last recorded sale was between $250,000-$300,000 in 2021, which is a more relevant indicator of market value.
3. What are the advantages of a 1987 build year?
Built in 1987, this home is newer than 75% of Winnipeg homes and is one of the newer homes on its street. This often means updated building standards, potentially fewer major immediate repairs, and systems (like electrical and plumbing) that may not require immediate upgrading.
4. How does the lot size affect the property?
At 3,792 sqft, the lot is below average for both the neighbourhood and city, but around average for Bender Bay. This means smaller yard maintenance, which can be a benefit for some, but may limit expansion possibilities or extensive landscaping.
5. Where can I find the exact historical sale price?
The exact sold price is not publicly listed. The listing service provides a range, but you must email their team to request the precise figure from their records, which they provide manually without marketing spam.