30 Culross Bay

Property Overview: 30 Culross Bay, Winnipeg

Key Characteristics & Appeal

This home at 30 Culross Bay in the Meadows neighbourhood is a study in solid, middle-of-the-road value. Built in 1978, it offers 1,040 sqft of living space on a 5,175 sqft lot, with a current assessed value of $360,000. The data reveals its core appeal: it consistently ranks as "around average" compared to homes on its own street, in the Meadows area, and across Winnipeg for its living area, lot size, and assessed value. This isn't a standout luxury property or a fixer-upper; it's a fundamentally sound and typical home for its community.

Its appeal lies in this very stability and predictability. For buyers, it means you're acquiring a property that aligns closely with its surroundings, reducing the risk of overpaying relative to the neighbourhood. The home last sold in 2024 for an estimated $400k-$450k, a price that placed it in the top 14-30% of sales comparables, suggesting it may have desirable features or updates not fully captured by the assessed value metrics. A thoughtful perspective is that a home which is "average" across multiple metrics can represent a lower-risk, sensible entry into a mature neighbourhood like the Meadows, where the established community character is often the main draw. It would suit pragmatic first-time buyers, downsizers, or investors looking for a straightforward, comparable property without extreme peaks or valleys in its profile.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value for taxation is $360,000, but the home sold for an estimated $400,000-$450,000 in 2024. This indicates the market often values this property higher than its official assessment, likely due to condition, updates, or market dynamics.

2. Is the living space smaller than average?
At 1,040 sqft, it is modest. It ranks below the average for comparable homes on Culross Bay (~1,205 sqft) and in the Meadows area (~1,286 sqft). This suggests a efficient, likely bungalow or smaller two-storey floor plan, suitable for those seeking lower maintenance and utility costs.

3. What does the "below average" ranking for year built mean?
Built in 1978, it is older than most homes in the Meadows (where the average comparable was built around 1990). This isn't unusual for the street, but it does imply that major components like the roof, windows, or mechanical systems may be at or nearing the age where evaluation or replacement should be considered.

4. How does the lot size compare?
The 5,175 sqft lot is very close to the average for both the street and the Meadows area. It provides a standard suburban yard space—not expansive, but perfectly adequate for gardening, play, or entertaining.

5. Where can I see more detailed context about the immediate area?
A neighbourhood analysis page is available, showing this property on a map alongside nearby houses for a direct visual comparison of year built, living area, assessed value, and lot size. This helps understand its specific fit within the local streetscape.