Property Overview & Key Characteristics
This home at 94 Ranchgrove Bay in Winnipeg's Mission Gardens neighbourhood presents a solid, middle-ground opportunity. Built in 1985, its 1,289 sqft living space and 5,497 sqft lot are consistently "around average" to "above average" when compared to its immediate street, the broader area, and the city. The data suggests it's a property that holds its own without extreme outliers. Its assessed value ranks particularly well on its own street, indicating it may be viewed favorably within its most direct peer group.
The appeal lies in its established stability. It’s not the newest or largest home, but it occupies a reliable position in a mature neighbourhood. For buyers, this translates to predictable utility and less risk of being over-improved or under-improved relative to the area. It would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a proven location over a fixer-upper or a brand-new build. A thoughtful perspective is that a home ranking steadily across multiple metrics can represent a lower volatility investment, as it isn't reliant on a single exceptional feature that may not appeal to the next buyer.
Frequently Asked Questions
1. How does this home truly compare to others nearby?
The data shows it is competitive. Its living space is above average for the Mission Gardens area, and its assessed value is in the top quarter of homes on Ranchgrove Bay itself. It’s a consistently mid-to-upper tier property within its immediate context.
2. What does the sold price history indicate?
The home sold between $300k-$350k in 2020. This sale price was around the median (top 46%-51%) for similar properties in the area and city at that time, suggesting a market-value transaction without unusual premium or discount factors.
3. Is the 1985 build date a concern?
The year built ranks in the top 10% on its street and above average city-wide, meaning it is newer than many comparable Winnipeg homes. While systems and components will be 40+ years old, it is not an unusually old home for the market, and many major updates may already have been addressed.
4. How can I find out the exact past sold price?
The exact sold price is not publicly displayed. You can request it by email through the listing service. They provide this data manually and state they do not use email addresses for unsolicited marketing.
5. What are the best ways to analyze this property further?
The listing suggests using the neighbourhood analysis page to see the home plotted on a map alongside nearby houses, allowing for a visual comparison of year built, lot size, and other metrics. This helps gauge streetscape and consistency.