Property Overview: 28 Trudell Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 28 Trudell Bay stands out for its generous proportions and established prestige within the Mission Gardens neighborhood. Built in 1988, its primary appeal lies in offering above-average space on a larger-than-typical lot. With 1,912 sqft of living area, it ranks in the top 10% on its own street and the top 2% within Mission Gardens for size. The 6,665 sqft lot provides ample outdoor space, ranking well above area and city averages.
The home’s assessed value of $54,500 places it in the elite top 2% on Trudell Bay and top 1% in the wider neighborhood, signaling a property that has been valued significantly higher than its immediate peers. This suggests not just a larger home, but one positioned in a desirable micro-location. Recent sale history indicates steady value appreciation.
This property would ideally suit buyers looking for established family space in a mature neighborhood, who prioritize interior square footage and lot size over a brand-new build. It’s a strong fit for someone seeking a home that already holds a top-tier position in its local market, offering both room to grow and a history of solid value retention.
Section 2: Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means this home’s municipal assessment is among the very highest on its street and in Mission Gardens. This often reflects a combination of its larger size, lot, and desirable location, but it's important to distinguish assessed value for taxes from current market value.
2. Is a 1988-built home likely to need major updates?
While the building’s age is around the neighborhood average, a home from this era may be due for updates to key systems like roofing, windows, or HVAC. The interior layout and finishes would benefit from a professional inspection to determine modernization needs.
3. How does the lot size compare in practical terms?
At 6,665 sqft, the lot is notably larger than the average in Mission Gardens (~5,370 sqft). This translates to more private outdoor space, potential for gardening, landscaping, or additions, and possibly greater distance from neighbors.
4. The home sold several times recently. Is that a concern?
The property sold in 2017, 2020, and 2021. While this could indicate various personal circumstances, it’s worth investigating the history through disclosures or an agent to rule out any persistent issues. The consistent increase in sale price each time is a positive indicator of market demand.
5. Why are the "comparable home" averages for Assessed Value so much lower?
The data shows the average assessed value for comparable homes on Trudell Bay is about $43.30k, while this home is assessed at $54.50k. This significant gap underscores that this specific property is considered an outlier in terms of valuation, likely due to its specific attributes and position.