Property Overview: 46 Pembridge Bay, Meadowood, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 46 Pembridge Bay is a well-situated property in Winnipeg's Meadowood neighbourhood, built in 1972. Its primary appeal lies in its efficient use of space and strong positioning within its immediate area. With 1,040 sqft of living area, it stands out on its own street, ranking in the top 7% for size among 46 comparable homes. This suggests it offers more interior space than most direct neighbours, which typically average 976 sqft.
The assessed value of $38,900 is also above the street average, indicating it is perceived as a higher-value home on Pembridge Bay. The lot size of 5,370 sqft is consistent with the local area. When viewed from a broader perspective—against the wider city—the home's metrics are generally around average, which can be a positive sign of stability and alignment with overall market norms.
This property would suit a first-time buyer or a downsizer looking for a home that offers a bit more space than others on the same block, without an excessively large yard to maintain. Its appeal is practical: it’s a home that likely feels roomier than others nearby, in an established neighbourhood. A thoughtful perspective is that its above-average ranking on its own street could provide a relative sense of value and comfort within a familiar community setting, even if it isn't an outlier city-wide.
Section 2: Frequently Asked Questions
1. How does this home’s size really compare to others?
While its 1,040 sqft is slightly below the city-wide average, it is notably larger than most homes directly on Pembridge Bay, ranking 3rd largest out of 46 comparable properties on the street.
2. What does the assessed value tell me?
The assessed value of $38,900 is used for calculating property taxes. For this home, it’s above the average for its street, which can sometimes correlate with better condition or features, but it's essential to verify this with a current market appraisal.
3. Is the 1972 build date a concern?
The home is 54 years old, which is typical for Meadowood. It ranks as newer than most in the broader neighbourhood but is average for its specific street. A thorough inspection is always recommended for homes of this age to assess the condition of major systems.
4. Can I find out the exact historical sale price?
The listing indicates a sale occurred between 2017 for an estimated $300k-$350k. The exact sale price is not publicly posted, but the listing service offers to provide it manually via email upon request.
5. How does the lot size impact the property?
At 5,370 sqft, the lot is fairly standard for the area. It’s slightly smaller than the average lot on its street but very close to the average for the wider Meadowood area, suggesting a manageable yard typical for the community.