Property Overview: 11 Blostein Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 11 Blostein Bay in the Meadows neighbourhood presents a solid, established property with notable context within its community. Built in 1986, its age is a standout feature on its street, ranking among the newest homes in the immediate area. With 1,270 sqft of living space and a 5,198 sqft lot, the home offers average-sized interiors and yard space for its locale. The assessed value of $440k, however, sits above average for the street and city, suggesting perceived quality, updates, or a premium lot position that differentiates it.
The primary appeal lies in its position as a well-situated, mature home in a settled area. It suits buyers looking for a move-in-ready property in a neighbourhood with established character, who value space and stability over a brand-new build. A thoughtful perspective is that its above-average value on a street of similar-aged homes could indicate it's a standout property, but it also means you are buying at the top of the immediate market. It would particularly suit a growing family or a professional seeking a long-term home with room to grow, without the unpredictability of a newer subdivision.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
The home sold between $350k-$400k in 2021. Its current assessed value of $440k is above average for the street and city, indicating a significant increase in valuation since its last sale.
2. Is the home older than others in the area?
Quite the opposite. Built in 1986, it is one of the newer homes on Blostein Bay, ranking in the top 4% for year built on its street. It is around the average age for the wider Meadows area.
3. What does the "above average" assessed value mean for me?
While it can reflect desirable features or updates, it also means the municipal tax assessment is higher than many comparable homes. It’s wise to factor this into your ongoing cost calculations.
4. How does the lot and living space size compare?
Both are consistently around the median for the neighbourhood and city. The lot (5,198 sqft) and living area (1,270 sqft) offer standard proportions for the area, providing a typical balance of indoor and outdoor space without being exceptionally large or small.
5. Where can I see more detailed comparisons with neighbouring properties?
A dedicated neighbourhood analysis map is available, allowing you to visually compare this property with nearby homes based on year built, living area, assessed value, and lot size.