Property Overview
27 Oakridge Bay is a 960 sqft bungalow built in 1972, situated on a 6,925 sqft lot in Winnipeg's Minnetonka neighbourhood. Its key appeal lies in its balance of a well-sized lot and a manageable, single-level footprint. The home presents a practical opportunity rather than a luxury one, with an assessed value that is modest relative to the wider city.
Key Characteristics & Appeal
This property is defined by its efficient scale and established location. The 960 sqft living area is slightly below the neighbourhood average, suggesting a cozy, low-maintenance interior ideal for simplifying living space. The significant lot size, however, is well above the city-wide average, offering valuable outdoor space and potential for gardening, expansion, or simply room to breathe—a notable feature for the area. Built in 1972, it is among the newer homes on its own street, which may imply fewer immediate concerns with outdated major systems compared to older neighbours.
The primary appeal is for value-conscious buyers seeking a balance between indoor and outdoor space. It would suit first-time homeowners looking for an entry point into a stable area, downsizers wanting a manageable home with a generous yard, or investors interested in a property with a strong land-to-building ratio. Its assessed value positions it as a pragmatic choice, offering more land than typical for its price point city-wide.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 960 sqft, the living space is moderately below the average for both the Minnetonka area and Winnipeg overall. This indicates a more compact, efficient layout compared to many nearby homes.
2. What does the assessed value tell me about this property?
The assessed value of $38,800 is around the average for its immediate street and neighbourhood. Notably, it is significantly below the city-wide average assessed value, highlighting its position as a more affordable option within Winnipeg.
3. Is the lot size a significant feature?
Yes. The lot of 6,925 sqft ranks above average both on its street and city-wide. This is a standout aspect of the property, providing substantial outdoor space that is less common for homes in this value range.
4. The home was built in 1972. What should I consider?
While 54 years old, it is actually one of the newest homes on Oakridge Bay. Buyers should still budget for updates common to homes of this era, but it may have undergone fewer renovations than older neighbouring properties.
5. Why is the exact sale price history not shown publicly?
The provider maintains a manual, on-request system for sharing precise historical sale data to ensure accuracy. You can request this information directly via email, and they commit to a prompt, spam-free reply.