Property Overview: 102 Cail Bay, Winnipeg
Key Characteristics & Appeal
This home at 102 Cail Bay in Mandalay West presents a compelling blend of space, location, and value. Its most standout feature is the generous 10,564 sqft lot, which ranks in the top 5% locally and city-wide, offering exceptional outdoor potential for gardening, recreation, or future expansion. Built in 1986, the house is notably newer than many on its street and in the wider city, suggesting potentially fewer immediate updates compared to older stock.
With 1,388 sqft of living area and an assessed value near $44k, the property sits comfortably in the average range for its immediate neighbourhood and street. This positioning indicates it’s a typical, well-sized family home for the area without an inflated price tag. Its appeal lies in this balance: you secure a larger-than-average lot in a mature neighbourhood with a home that is relatively contemporary for its surroundings. It would suit practical buyers looking for a solid footprint in a settled community—perhaps a family valuing backyard space over a brand-new build, or an owner who sees long-term value in land size within the city.
A less obvious perspective is the home’s "neighbourhood anchor" potential. Its lot size and newer build date relative to the street suggest a property that may hold its value well as older homes around it are renewed or replaced. The data shows it last sold between $400k-$450k in 2021, providing a recent market benchmark for buyers.
Frequently Asked Questions
1. How does the lot size compare to a typical Winnipeg property?
The lot is exceptionally large, ranking in the top 5% city-wide. It’s over 4,000 sqft larger than the city average lot and significantly larger than most in the Mandalay West area.
2. Is the house older or newer for the neighbourhood?
Built in 1986, it is actually one of the newer homes on Cail Bay itself, ranking in the top 2% for year built on its street. It is also above the city-wide average for age.
3. What does the assessed value indicate?
The assessed value is around the neighbourhood average but is considered above average when compared to the entire city. It’s important to note this is for tax purposes; the home last sold in the $400k-$450k range in 2021.
4. How can I find out the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request the precise history via email from the listing source, which provides the data manually.
5. Are there similar homes nearby for comparison?
Yes. The listing provides addresses of nearby homes on the same street and others in Winnipeg with identical assessed values, which can be useful for comparing lot size, age, and living area.