Property Overview: 71 Boundary Bay, Winnipeg
Key Characteristics & Appeal
This home at 71 Boundary Bay in Mandalay West is a well-situated property that offers solid, above-average value within its broader context. Built in 1990, it is a mature home in a neighbourhood of similar vintage. Its key appeal lies in its balanced metrics: with 1,554 sqft of living space, it is very close to the average for its immediate street and area, meaning it provides comfortable space without standing out as unusually large or small.
The lot size of just under 6,000 sqft is a notable strength on its street, ranking in the top 22% of Boundary Bay, offering more outdoor space than many direct neighbours. While the home’s assessed value is above average for both the Mandalay West area and Winnipeg citywide, its last recorded sale price range (2023: $500k-$550k) suggests it sits in a desirable mid-range bracket. This combination positions the property as a stable, established choice rather than a standout fixer-upper or luxury offering. It would best suit buyers looking for a predictable, move-in-ready home in a settled neighbourhood, who appreciate a larger-than-average lot for the street and value the long-term stability of an area where properties generally hold above-average value citywide.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very typical in terms of living space and assessed value for Boundary Bay. Its main comparative advantage is its land area, which is larger than most lots on the same street.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($47.80k for taxation purposes) is above average for the area and city. However, the more relevant market indicator is the 2023 sold price range of $500k-$550k. Always consult a real estate professional for a current market valuation.
3. What does the "Year Built" ranking mean?
Built in 1990, this home is actually older than most on its street (ranking in the bottom 26%), but is newer than the average Winnipeg home. This indicates a street with many homes built in the early 1990s or later, so major components like roofs and windows may be of a similar age.
4. How can I find out the exact past sold price?
The provided sold price is a range based on public data. The listing service offers to provide the exact historical sold price via a manual email request, which they aim to fulfill by the end of the same business day.
5. What kind of neighbourhood is Mandalay West?
The metrics suggest a consistent, established neighbourhood. The fact that homes here have above-average assessed values citywide and similar living areas indicates a stable area with relatively uniform property values, typical of a mature suburban community.