Property Overview: 14 Bernard Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 14 Bernard Bay is a well-situated property in the Mission Gardens neighbourhood, presenting a balanced opportunity. Built in 1976, its key appeal lies in its strong positional value within its immediate area. The 956 sqft living space is typical for the street but offers a notably larger-than-average 5,772 sqft lot for the Mission Gardens area, suggesting valuable outdoor space or future potential relative to nearby homes.
Its assessed value of $370,000 ranks above average for Bernard Bay itself, indicating it is perceived as one of the stronger properties on its street. This creates an interesting dynamic: you are acquiring a home that stands out in its direct micro-neighbourhood, while being competitively priced within the broader city context. The price history shows steady appreciation, with sales in 2016 and 2020.
This property would suit a practical buyer looking for a solid footprint in a mature neighbourhood. It’s ideal for someone who values a generous lot size over a large interior square footage and appreciates a home that holds its value well relative to its immediate neighbours. It could be a fit for first-time buyers seeking a manageable home with upside, or downsizers looking for a established area without a premium city-wide price tag.
Section 2: Frequently Asked Questions
1. Is the living area of 956 sqft too small?
While below the city-wide average, the living area is very close to the average for Bernard Bay street itself. The trade-off is a lot size that is significantly larger than the Mission Gardens average, which may be a preferable balance for many.
2. What does the above-average assessed value on the street mean?
The assessment ranking in the top 20% on its street suggests the municipality views this property as one of the more valuable on Bernard Bay. This can be a marker of better maintenance, a more desirable lot location, or favourable improvements compared to direct neighbours.
3. How old is a 1976 home, and what should I consider?
At 50 years old, this home is newer than many on its street but is still a mature property. Buyers should prioritize a thorough inspection focusing on updates to major systems like roof, windows, plumbing, and electrical, which may be due for replacement or modernization.
4. Why is the lot size highlighted as a feature?
At 5,772 sqft, the lot is over 400 sqft larger than the average lot in Mission Gardens. In a established neighbourhood, this extra outdoor space is a premium that offers more privacy, gardening space, or room for additions like a shed or deck, and is often not available in newer subdivisions.
5. How can I find out the exact past sale prices?
The listed sale prices are estimated ranges from public data. The exact sale prices from 2016 and 2020 are available upon request directly from SaveOnHouse via email, which they provide as a manual, no-spam service.