15 Culross Bay

Property Overview: 15 Culross Bay, Winnipeg

Key Characteristics & Appeal

This home at 15 Culross Bay in the Meadows neighbourhood presents a solid, value-oriented opportunity. Built in 1978, it is an established property on a standard 5,099 sqft lot. Its primary strength is its above-average living space (1,350 sqft) compared to other homes on its street, offering more room than many immediate neighbours. The assessed value is also relatively strong for the street, ranking in the top 28%. This suggests a property that has been maintained or configured in a way that stands out in its micro-location.

The appeal lies in its positional value within a well-established area. It suits practical buyers looking for a spacious home in a mature neighbourhood without a premium price tag. It’s ideal for someone who values more interior space over a newer build date and is comfortable with a home that may require updates reflective of its age. A thoughtful perspective is that while the home is older than many in the broader Meadows area, its above-average size and value metrics on its own street indicate it could be a "best-in-class" option within its specific, older subsection of the neighbourhood, potentially offering good livability while the wider area continues to develop.

Frequently Asked Questions

1. How does this home’s age affect its value?
While the 1978 build date is older than many homes in the Meadows area, the property’s assessed value remains competitive. This indicates that factors like its larger living area and lot have sustained its market value. Buyers should budget for potential updates common to homes of this era.

2. Is the living space truly larger than nearby homes?
Yes. The 1,350 sqft of living area ranks in the top 30% on Culross Bay itself, meaning it is notably more spacious than the average home on the same street.

3. What does the sold price history tell us?
The home sold between $350k-$400k in 2022. This price range was competitively positioned, ranking in the top 38-42% compared to similar local sales at the time, reflecting its perceived value.

4. How does the lot size compare?
At just over 5,000 sqft, the lot is average for both the street and the Meadows neighbourhood. It provides standard outdoor space for the area but is not an exceptionally large parcel.

5. Where can I see more detailed context about the neighbourhood?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby homes with detailed comparisons of year built, living area, assessed value, and lot size.