38 Granby Bay

Property Overview: 38 Granby Bay, Meadowood, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 38 Granby Bay is a quintessential Meadowood property, offering solid value and a grounded entry point into a mature Winnipeg neighbourhood. Built in 1975, its key metrics consistently place it around the average for its immediate street and area, presenting a home without extreme outliers in size or assessed value.

Its primary appeal lies in its balance and stability. With 997 sqft of living space and a 5,197 sqft lot, it provides practical, manageable space for daily living and outdoor enjoyment. The lot size is notably above the street average, suggesting a bit more privacy or yard potential than some neighbours. The home last sold between 2016-2025 for an estimated $300k-$350k, and its current assessed value of $37,200 aligns with area norms.

This property would suit first-time buyers or downsizers seeking an established, no-surprises home in a convenient location. It’s for the pragmatic buyer who values a predictable investment in a settled community over flashy features or a fixer-upper project. A thoughtful perspective is that its "average" standings can be a strength, indicating a lower risk of over-improvement for the area and a stable foundation for personal customization.

Section 2: Frequently Asked Questions

1. How does this home truly compare to others nearby?
The data shows it is consistently middle-of-the-road for Granby Bay and Meadowood. Its living space is typical for the street, while its lot is larger than many neighbours', which is a subtle advantage.

2. What does the assessed value tell me about the property tax?
The assessed value of $37,200 is used to calculate property taxes. It is squarely in the average range for the area, so you can expect taxes to be typical for Meadowood, not abnormally high or low.

3. Is a 1975-built home a concern?
Homes from this era are common in the neighbourhood. While core systems like roof, windows, and furnace may be at or beyond their typical lifespan, its age is typical and factored into the value. A thorough inspection is always recommended.

4. How can I find out the exact past sale price?
The precise sale price is not public. The listing indicates you can email the provided service to request this information manually, which they will provide without marketing spam.

5. What are the less obvious things to consider here?
Consider that its consistent "average" rankings suggest a stable, predictable investment. Additionally, its above-average lot size for the street offers a relative advantage in outdoor space. The proximity to nearly identical neighbouring homes (like 42 and 34 Granby Bay) provides a clear picture of the immediate streetscape and potential comparable values.