Property Overview: 90 Strewchuk Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Leila-Mcphillips Triangle neighborhood presents a compelling mix of value and practicality. Its key characteristic is a recently renovated basement, adding functional living space to the 1,507 sqft footprint. The home sits on a 6,423 sqft lot with an attached garage.
The appeal lies in its strong value proposition and modern foundations. Built in 1996, it is notably newer than most homes in its immediate area and across Winnipeg, suggesting potentially fewer major age-related concerns. The assessed value consistently ranks above average for the street, neighborhood, and city, indicating official recognition of its worth relative to peers. While the living space is modest for the specific street, it is above the citywide average, offering efficient layout in a well-regarded location.
This property would suit practical buyers looking for a move-in-ready home with modern systems and a finished basement, ideal for a growing family or someone wanting flexible space for a home office or recreation. It also appeals to value-conscious buyers who prioritize a home's underlying assessment and newer construction year over having the largest floor plan on the block.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others?
While the living area is slightly below the average for Strewchuk Bay itself, it is larger than the typical Winnipeg home. This indicates a efficient use of space in a desirable location.
2. What does the "above average" assessed value mean?
The assessed value ranks in the top 12-23% of comparable homes across multiple areas. This is a strong, objective indicator that the property holds significant value relative to its peers, which can be favorable for equity and municipal tax comparisons.
3. Are there any insights from the sale history?
The home sold in August 2024. The sold price range placed it in the top 3-9% of comparable sales at that time, demonstrating that market activity strongly supported its value.
4. What are the less obvious advantages of the 1996 build year?
Being one of the newest homes on the street (top 2%) means it likely benefits from modern building codes, wiring, and insulation standards from that era. This can translate to better energy efficiency and lower immediate maintenance costs compared to much older stock in the area.
5. Is the lot size a drawback?
The lot is smaller than others on Strewchuk Bay but is very close to the average for the Leila-Mcphillips Triangle and is actually above average citywide. It offers a balance of outdoor space without the extensive upkeep of a larger yard.