Property Summary: 43 Ranchgrove Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 43 Ranchgrove Bay presents a compelling blend of space, location, and relative modernity within its established neighbourhood. Built in 1987, it is notably newer than most homes on its street, ranking in the top 3%. The 1,369 sqft living area is comfortably above average for both the immediate street and the broader Mission Gardens area, offering more interior space than many comparable local properties. It sits on a generous 6,416 sqft lot, providing ample outdoor space that is well above the neighbourhood norm.
The appeal lies in its strong positional metrics. It consistently ranks above average against its closest peers in Mission Gardens, particularly in living space, lot size, and assessed value. This suggests a property that stands out in its immediate context for its proportions and perceived value. The most recent sale in the 2022 range of CA$450k-$500k also performed well against broader city averages.
This home would suit buyers looking for a established, family-friendly neighbourhood who prioritize a larger lot and more contemporary construction (for the area) without venturing into new suburbs. It’s ideal for someone who values space over a brand-new build and appreciates a home that holds a leading position on its block. A thoughtful perspective is that its "above average" status within the highly localized context of its street and community may offer a sense of stability and desirability that isn't always captured in city-wide comparisons.
Section 2: Frequently Asked Questions
1. How does this home compare to others nearby?
The data shows this property consistently ranks above average for Mission Gardens and especially on Ranchgrove Bay itself. It has more living space and a larger lot than most comparable homes in the immediate area, and it is the newest house on its street.
2. What is the exact past sold price?
The public data shows a sold price range of CA$450,000 to $500,000 for its 2022 sale. The exact, precise figure is available by request from the listing service, which provides it via email.
3. Is the assessed value the same as the market value?
No. The assessed value of $42,400 is for municipal tax purposes. Market value is determined by current sale prices and conditions. The home's last sale price range and its strong rankings against recently sold nearby properties are better indicators of its market value.
4. What does the "Elite" ranking for Year Built mean?
This indicates 43 Ranchgrove Bay is in the top 3% of homes on its street for its build year. Simply put, it is the newest house among its 39 closest neighbours, which can be an advantage for systems, layout, and potential renovation needs.
5. How stable is property value in this area?
While past performance doesn't guarantee future results, the home's above-average rankings for key metrics like living area and lot size within its community suggest fundamental characteristics that are perennially in demand. Its strong performance against local averages in its last sale also points to good value retention in the Mission Gardens context.