Property Overview: 122 Culross Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 122 Culross Bay in the Meadows neighbourhood presents a specific value proposition. Built in 1980, it is a functionally sized property with 966 sqft of living space on a just-over 5,000 sqft lot. The data indicates its interior space is notably more compact than most comparable homes in its immediate area, city-wide, and even on its own street. However, its assessed value of $380,000 aligns closely with averages across all these same groups.
The primary appeal lies in its efficient footprint and positional value. You are acquiring a home with a solid, average valuation for the area, but within a smaller-than-typical structure. This could suit buyers seeking lower utility costs, easier maintenance, and a manageable space without sacrificing the location within a established neighbourhood. It would particularly suit first-time buyers, downsizers, or investors looking for a entry point into the Meadows area, where the land and location contribute significantly to the value. A thoughtful perspective is that this property represents the "land and location" portion of the market more than the "premium living space" segment, offering a chance to own in the community without paying for square footage you may not need.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 966 sqft, the home is significantly below the average size for comparable properties on its street (~1,205 sqft) and in the broader Meadows area (~1,286 sqft). This makes it a compact, efficient layout best suited for individuals, couples, or small families.
2. How does the assessed value compare?
The $380,000 assessment is consistently around the average—ranking near the middle—when compared to homes on Culross Bay, in the Meadows, and across Winnipeg. This suggests the property is valued fairly for its overall offering in the current market.
3. What is the neighbourhood like for a home built in 1980?
The home was built in 1980, which is typical for its street but older than most in the Meadows neighbourhood. This indicates you are looking at a mature, well-established part of the community with older homes and likely mature landscaping.
4. How does the lot size compare?
The 5,099 sqft lot is very close to the average for both Culross Bay and the Meadows area, though it is smaller than the city-wide average. You can expect a yard size consistent with most of your immediate neighbours.
5. Where can I find more detailed local data?
The listing references a neighbourhood analysis page that maps nearby houses and allows for detailed comparison of year built, living area, assessed value, and lot size with immediate neighbours, providing crucial context for this specific location.