Property Overview: 14 Pembridge Bay, Winnipeg
Key Characteristics & Appeal
This home at 14 Pembridge Bay in Meadowood is a compact, single-story property built in 1973, sitting on a just-under 5,000 sqft lot. Its key characteristic is its clear position as a more affordable, entry-point home within its immediate area. With 720 sqft of living space, it is notably smaller than most homes on its street and in the wider neighbourhood. This is reflected in its assessed value, which is the lowest on Pembridge Bay itself.
The appeal lies in its potential for first-time buyers, downsizers, or investors seeking a lower-cost foothold in a stable Winnipeg neighbourhood. The lot size is fairly typical for Meadowood, offering standard outdoor space. A thoughtful perspective is that while the house is modest in size, its "Elite" ranking for year built on its street (newer than most direct neighbours) suggests it may have relative advantages in foundational upkeep compared to immediate comparables. It suits a practical buyer who prioritizes location and lot over interior square footage, and who sees the value in a home that leaves room for future updates or expansion according to personal taste and budget.
Frequently Asked Questions
1. Is this a small house?
Yes. At 720 sqft, the living area is below average for the street, the Meadowood area, and the city overall. It is a compact, typically two-bedroom bungalow layout.
2. Why is the assessed value so much lower than the recent sold price range?
The assessed value ($32,700) is for municipal tax purposes and is often significantly lower than market value. The sold price range (CA$350k–400k in 2025) reflects the actual current market conditions and demand.
3. What does the "Elite" ranking for Year Built mean?
On its own street, this home (built 1973) is newer than most of its direct neighbours. This doesn't mean it's a new build, but that it may be among the most recently built houses on that specific block, which could imply somewhat newer construction materials or systems.
4. Who would this property not suit?
It may not suit buyers looking for move-in-ready, modern finishes or those requiring significant space for a growing family. The below-average living area requires efficient use of space.
5. How can I find out the exact sold price?
The exact sold price is not publicly displayed due to data privacy. You can request it by email through the listing service; they provide the accurate figure manually without using your email for marketing.