Property Overview: 15 George Suttie Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a compelling value proposition in Winnipeg’s Munroe East neighborhood. Built in 1969, its primary appeal lies in offering above-average space and lot size for its immediate area at a relatively modest assessed value. With 1,040 sqft of living area, it ranks in the top 9% for size on its own street, where comparable homes average just 858 sqft. The nearly 5,000 sqft lot is also notably larger than most on the block.
The numbers suggest a property that stands out locally but is comfortably average in the broader city context, indicating a well-established, stable area. Its assessed value of $32,900 is consistently above average for both the street and the wider Munroe East area, yet it remains below the city's average home value. A previous sale occurred between 2020-2025 in the $300k-$350k range.
This home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize more interior and yard space over a newer build. It’s for someone who sees the advantage in a home that already outperforms its direct neighbors in key metrics, offering a sense of relative spaciousness without a premium city-wide price tag.
Section 2: Frequently Asked Questions
1. What does the assessed value tell me about the listing price?
The assessed value for tax purposes ($32,900) is not the market value. The previous sale in the $300k-$350k range is a more relevant indicator of its likely market price. The assessment being above average for the area suggests the property is viewed favorably by municipal assessors relative to nearby homes.
2. How does the age of the home (1969) factor in?
While newer than many homes in Munroe East, a 57-year-old property will likely have had major systems updated over time. Prospective buyers should focus on the maintenance history, roof age, and updates to plumbing, electrical, and windows.
3. The home ranks highly on its street but average city-wide. What does this mean?
This pattern indicates you are getting a property that is a standout in its immediate micro-neighborhood—offering more space and a higher assessment than most on the block—while buying into an area with overall modest property values compared to the entire city. It speaks to good value within a specific community.
4. Is the lot size a significant advantage?
At 4,999 sqft, the lot is larger than most on George Suttie Bay. This offers more outdoor space for gardening, recreation, or potential expansions (subject to zoning), which is a tangible premium in a neighborhood of smaller lots.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing page notes that you can request the exact sale price by email from the service, which they provide manually without using your email for marketing.