Property Overview
This home at 132 George Suttie Bay presents a compelling opportunity in Winnipeg's Munroe East neighbourhood. Built in 1970, it offers 988 square feet of living space on a nearly 5,000 square foot lot. The data reveals a property that stands out within its immediate area, particularly for its value and efficient use of space.
Key Characteristics & Appeal
The primary appeal of this property lies in its strong positioning within its local context. While its size is modest compared to the city-wide average, it is notably larger than most homes on its own street and is competitive within the Munroe East area. This suggests a well-proportioned home for the neighbourhood. Its assessed value ranks in the top 10% on its street and the top 18% in the area, indicating it is perceived as a higher-value asset compared to its closest peers—a point for equity-minded buyers.
It would suit a first-time homebuyer or downsizer seeking a manageable, single-level home (likely a bungalow, given the era) with a generous yard. It’s also a sensible choice for an investor or practical buyer who prioritizes value retention and stability over sheer size. A thoughtful perspective is that this home represents the "sweet spot" on its block: offering more space and a higher assessment than many direct neighbours, without the premium and maintenance of a much larger city property. Its last known sale was between $250k-$300k in 2019.
Frequently Asked Questions
1. How does this home’s size really compare?
While below the Winnipeg average, the living area is above average for its specific street and typical for the Munroe East area. It’s a compact but efficiently sized home for the neighbourhood.
2. What does the assessed value ranking mean?
Ranking in the top 10-18% locally for assessed value means the property is officially valued higher than most in its immediate comparison groups. This can reflect desirable features, condition, or lot appeal, but is not a direct marker of market selling price.
3. Is the lot size a pro or a con?
At just under 5,000 sq ft, the lot is very standard for the area. It provides ample outdoor space for a garden or recreation without the extensive upkeep of a larger city lot.
4. What might the 1970 build date imply?
Built in 1970, this home is newer than many on its street and in Munroe East. Buyers should still budget for updates common to homes of this era, such as windows, roofing, or mechanical systems, but it may have seen fewer decades of wear than older neighbours.
5. How can I find the exact past sale price?
The displayed sale price is a range from public data. You can request the precise historical sale price by emailing the listing service; they provide this detail manually without using your email for marketing.