Property Overview: 59 Tychonick Bay, Winnipeg
Key Characteristics & Appeal
This home at 59 Tychonick Bay in The Meadows neighbourhood stands out primarily for its generous living space and modern age. With 2,267 square feet of living area, it ranks in the top 5% of homes on its street and the top 1% within the broader Meadows area, offering significantly more room than most local comparables. Built in 2012, it is a relatively modern property, ranking among the newest 8% on its street and the newest 1% in the neighbourhood. The lot size is standard for the area at just over 5,000 square feet. Its assessed value is above average for the wider area but aligns closely with the norm for Tychonick Bay itself.
The appeal lies in securing a spacious, modern home in an established neighbourhood without the premium often attached to brand-new builds. It suits buyers looking for move-in-ready space for a growing family, or those downsizing from a larger home but who still desire ample room. A thoughtful perspective is that this property represents a "sweet spot" – it's modern enough to avoid major near-term renovations, yet has settled into a mature streetscape. Its value ranking is stronger in the wider context of the city and Meadows than on its immediate street, suggesting it might offer better value when compared to the broader market than against its direct neighbours.
Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The home sold in 2023 for an estimated $550,000-$600,000. Its current assessed value is $548,000. This indicates the assessment is closely aligned with its recent market price.
2. Is the living space unusually large for the area?
Yes. The home's living area is in the 99th percentile for The Meadows and the 95th percentile city-wide, meaning it offers more interior space than the vast majority of comparable homes in these zones.
3. What does the "Elite" ranking for Year Built in The Meadows mean?
Ranking in the top 1% for year built in The Meadows means this 2012-built home is among the very newest in the entire neighbourhood, which has an average home build year of 1990. It offers modern construction in a mature area.
4. How can I see this property in context with its neighbours?
You can use the provided link to open a detailed neighbourhood analysis map. This tool allows you to visually compare this home's year built, living area, assessed value, and lot size against nearby houses.
5. How do I find out the exact historical sold price?
The exact sold price is available by request. You can submit your email via the provided form to receive the precise figure manually, as public records often show ranges. The service states it does not use emails for unsolicited marketing.