Property Overview: 55 Ranchgrove Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 55 Ranchgrove Bay presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Built in 1985, it is notably newer than many homes on its own street and across the wider city, which can be an advantage for systems and maintenance. With 1,040 sqft of living space, it offers a manageable footprint that is slightly smaller than the immediate street average but aligns closely with the typical size for the Mission Gardens area.
The property’s appeal lies in its position as a competitively assessed entry point into the market. The lot size of 4,998 sqft is standard for the neighborhood, offering adequate outdoor space without the burden of extensive upkeep. Its last recorded sale was between $250k-$300k in 2018, historically positioning it below the average for the street, suggesting it may attract value-conscious buyers.
This home would suit first-time buyers or downsizers seeking a lower-maintenance property in an established area. It’s a pragmatic choice for someone prioritizing a newer build year within a mature community over having the largest house or lot on the block. The data suggests it’s a home that fits comfortably within its local context rather than standing out, offering a sense of neighborhood consistency.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,040 sqft, the living area is moderately smaller than the average home on Ranchgrove Bay itself, but it is very close to the typical size for the broader Mission Gardens neighborhood, making it a standard offering for the area.
2. What does the assessed value indicate?
The assessed value is below the average for the specific street, but sits around the middle range when compared to the wider neighborhood and city. This often indicates a property that is perceived as a more modest offering on a street that may have some larger or more renovated homes.
3. Is the lot size a disadvantage?
While the lot is on the smaller side for Ranchgrove Bay, it is near the citywide average and is actually very close to the typical lot size in Mission Gardens. It provides a manageable yard, which can be a benefit for those wanting less landscaping work.
4. The home was built in 1985. Is that considered old?
Quite the opposite. The build year is a standout feature. It ranks in the top 10% newest homes on its own street and is newer than about 70% of comparable homes citywide, suggesting potentially fewer immediate concerns with aging components compared to much of Winnipeg's housing stock.
5. Where can I see more detailed context about the neighborhood?
A dedicated neighbourhood analysis page is available, showing this property on a map alongside nearby houses with detailed comparisons for year built, living area, assessed value, and lot size. A link is provided in the full property details to access this visual tool.