Property Summary: 44 Biscayne Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 44 Biscayne Bay in Maybank is a study in contrasts, offering a unique value proposition. Built in 1954, it is one of the oldest homes on its street, which can imply well-established character and mature landscaping. With a living area of 888 sq ft, the interior space is modest and below the city-wide average, suggesting a cozy, efficient layout rather than expansiveness. The lot size is notably compact at 1,874 sq ft, meaning minimal exterior maintenance.
The primary appeal lies in its financial profile. The home's assessed value ranks well above average for Biscayne Bay itself, indicating it may be a standout investment within its immediate locale. This creates an interesting dynamic: you're acquiring a property that holds strong value on its specific street, within a neighbourhood (Maybank) and city where similar metrics are generally more modest. It suits a pragmatic, value-conscious buyer—perhaps a first-time homeowner, an investor, or someone looking to downsize—who prioritizes financial positioning and a low-maintenance lot over sheer size. The charm likely comes from its established setting and the potential to personalize a smaller, manageable space.
Section 2: Frequently Asked Questions
1. If the living area and lot are below average, why is the assessed value so high for the street?
This discrepancy often points to the home being in superior condition, having meaningful updates, or possessing intangible desirable features (like location on the street) that the assessment model recognizes, making it a premium property within its direct peer group.
2. What does the "Sold 2016 CA$200k–250k" price range indicate?
This is a public data estimate. To understand the exact sale price from 2016—a key data point for tracking market trends—you must request it directly via the provided email service for accuracy.
3. Who would this smaller, older home not suit?
It would likely frustrate buyers needing multiple bedrooms, ample storage, room for large gatherings, or a spacious yard for gardening or recreation. The compact lot is a defining feature.
4. How meaningful is it that this is one of the oldest homes on the street?
This can be a double-edged sword. It suggests classic character and possibly a prime location within the subdivision, but it also warrants a particularly thorough inspection to understand the condition of aging components like plumbing, electrical, and the foundation.
5. The nearby comparison at "97 Rampart Bay" shows a similar size but a much higher assessed value. Why?
While living area and year built are similar, assessed value differences are typically due to factors like lot size, condition, renovations, finished basement space, and specific location desirability. This highlights why direct comparisons require looking beyond just a few metrics.