Property Overview: 327 Marshall Bay, Winnipeg
Key Characteristics & Appeal
This home on Marshall Bay presents a solid, middle-of-the-market opportunity in Winnipeg. Built in 1961, it is notably newer than many of its immediate neighbours, offering potential advantages in foundational materials and systems. With 1,061 sqft of living space and a 6,398 sqft lot, its size is consistently average to above-average when compared to the local Maybank area and city-wide, suggesting it fits a comfortable family scale without being oversized.
The appeal lies in its established neighbourhood setting and balanced metrics. It’s not an outlier in any category, which can indicate stability and predictable upkeep costs. The lot size is a particular asset for the area, providing above-average outdoor space relative to many city properties. This home would suit practical buyers—perhaps first-time homeowners, downsizers, or investors—who value a straightforward property in a mature community without the premium or risks associated with the newest or oldest homes on the block. Its historical sale price range suggests it occupies a accessible price tier.
Frequently Asked Questions
1. How does the 1961 build year affect this home?
While not new, this home is newer than many on its street. This could mean updates to original construction standards, but a thorough inspection is still crucial to understand the condition of major components like wiring, plumbing, and the roof.
2. Is the lot size usable?
At over 6,300 sqft, the lot is larger than many in Winnipeg. This allows for generous backyard space, gardening, or potential expansions like a shed or deck, subject to local bylaws.
3. What do the "rank" and "top" percentages mean for value?
They show how this property compares to others. For example, its lot size ranks in the top 24% city-wide, meaning it’s larger than 76% of compared homes. This contextual data helps gauge what you're paying for relative to the market.
4. Why is the assessed value different from the last sold price?
The assessed value (approximately $36.8k) is for municipal tax purposes and is typically much lower than market value. The last sold price range ($350k-$400k in 2021) is a better indicator of actual market value at that time.
5. How can I get the exact historical sale prices?
The exact sale prices are not publicly displayed in detail. As noted on the listing, you can request this information directly via email from the service, which provides it manually without marketing spam.