Property Overview
This home at 95 Bernard Bay in Winnipeg's Mission Gardens neighborhood presents a specific and practical value proposition. Built in 1976, it is a compact, 845 sqft bungalow on a 5,298 sqft lot. The data indicates its living space is notably smaller than most comparable homes on its street and in the wider city. Its assessed value is modest and sits below the average for Bernard Bay itself, though it aligns more closely with averages for the Mission Gardens area. A key, less obvious characteristic is that it is one of the newer homes on its block, ranking in the top 10% on Bernard Bay for year built. This suggests potentially fewer immediate concerns with major aging systems compared to immediate neighbors, though a full inspection is still essential. The appeal lies in its affordability and efficiency, likely resulting in lower property taxes and utility costs. It would suit first-time buyers, downsizers, or investors seeking a lower-entry point into the Winnipeg market with a manageable footprint. The lot size, while smaller than others on the street, is near the average for the city, offering adequate outdoor space without excessive maintenance.
Frequently Asked Questions
Is this a good value for the area?
The assessed value is below the average for Bernard Bay street, but aligns with the broader Mission Gardens neighborhood average. This suggests you may be paying less for a similar location, though the home's smaller size is a primary factor in that valuation.
How does the smaller living area impact livability?
At 845 sqft, the home is significantly cozier than the Winnipeg average. It demands efficient use of space and would be best for individuals, couples, or those comfortable with a minimalist lifestyle. The trade-off is typically lower heating and maintenance costs.
What does it mean that it's a newer home on the street?
Built in 1976, this home is newer than 90% of its direct neighbors. This can be an advantage, as systems like roofing, plumbing, and electrical may have been updated more recently over the decades, but a professional inspection is crucial to verify their current condition.
Why is the lot size ranking so low on the street but average for the city?
Bernard Bay appears to have unusually large lots on average. At just over 5,000 sqft, this property's lot is smaller than most on its street but is actually close to the typical lot size across Winnipeg, offering a standard yard space.
How reliable are the sold price ranges shown?
The listed sold price ranges are estimates based on public data. To obtain the exact historical sale price, you must request it via the provided email service, which manually confirms the figure from official records.