Property Overview: 55 Long Point Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 55 Long Point Bay in the Meadows neighbourhood is a practical and efficiently sized property built in 1986. With 926 square feet of living space, it is notably more compact than most comparable homes in its immediate area and across Winnipeg. This smaller footprint is paired with a manageable 4,399 sqft lot. The assessed value is consistently around the average for its street and neighbourhood, suggesting a stable and fair market positioning.
The primary appeal lies in its efficiency and lower maintenance burden. The smaller interior and lot size translate to less upkeep and lower utility costs, which is a significant advantage for those looking to minimize ongoing expenses. Its year of construction is a relative strength, ranking newer than most on its street and city-wide, which can imply more modern building standards for its era.
This property would best suit first-time buyers, downsizers, or pragmatic investors seeking an affordable entry into the Winnipeg market. It’s for those who prioritize financial efficiency and manageable upkeep over spaciousness, offering a comfortable home without the excess that often comes with higher costs.
Section 2: Frequently Asked Questions
1. Is the living area too small?
At 926 sqft, the home is significantly smaller than the neighbourhood average. It’s designed for efficient living and would feel cramped for a large family but is perfectly functional for individuals, couples, or small families who value cozy, easy-to-maintain spaces.
2. How does the assessed value compare?
The assessed value of $35,600 is very typical for its immediate street and the broader Meadows area. This indicates the property is not overvalued relative to its local market, providing a solid baseline for purchase considerations.
3. What does the "newer" year built mean for this home?
Built in 1986, this home is newer than 94% of homes on its street. For a 40-year-old property, this is a positive, suggesting it may have benefited from construction standards of the mid-80s and could have undergone updates in more recent decades than much older stock.
4. What are the implications of the lot size?
The lot is slightly smaller than average for the Meadows area. This means less yard work and lower outdoor maintenance, which is a benefit for those not seeking extensive gardening or outdoor space. It still provides adequate private outdoor area.
5. How can I find out the exact historical sale price?
The listed sale price ranges are based on public data. To obtain the precise sale price from its last transaction, you must request it directly via the email service provided on the listing page. The service promises a manual reply by the end of the same day.