Property Overview: 44 George Lawrence Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home stands out for its generous living space and strong assessed value within its community. Built in 2005, it is a modern property compared to the Winnipeg average. Its 1,562 sqft of living area is notably larger than most comparable homes on its street, in the Mission Gardens area, and across the city, placing it in the top 9-27% for size. The assessed value of $49,900 is also highly competitive, ranking in the top 5% of Mission Gardens, indicating a perception of above-average worth for the neighbourhood.
The appeal lies in acquiring a relatively newer, spacious home in an established area. The lot size is typical for the local streetscape, offering standard outdoor space without excessive maintenance. It suits buyers looking for move-in-ready, modern space without being in a brand-new subdivision, and who value a property with metrics that consistently perform well above neighbourhood and city averages—a sign of a solid investment within its market tier.
Frequently Asked Questions
1. How does the assessed value relate to the likely market price?
The assessed value is for municipal tax purposes and is typically lower than market value. However, its "Elite" top 5% ranking in Mission Gardens suggests the property is considered one of the more valuable homes in the area by the assessor, which can be a positive indicator.
2. The home sold in 2017. What does that past sale indicate?
The previous sale in the $350k-$400k range provides a historical benchmark. Market conditions have likely changed since 2017, but this data point helps trace the property's value history and can inform offers.
3. What does the "above average" living area ranking practically mean?
It means you are getting significantly more interior space than most homes on the street and in the immediate area. This is a key advantage if you need room to grow or simply prefer more spacious rooms compared to other options in a similar location.
4. Is the 2005 build year an advantage?
Yes, particularly city-wide. Being newer than about 85% of Winnipeg homes suggests updated building standards, potentially fewer major maintenance issues in the near term, and modern layouts. On its specific street, however, it is right at the average build year.
5. How can I get the exact historical sold price?
The exact sale price is not publicly displayed due to privacy regulations. You can request it by email through the listing service; they provide the accurate figure manually without using your email for marketing.