Property Overview
This home at 201 Kisil Bay presents a specific value proposition centered on its interior space and modern build relative to its immediate area. Built in 1970, it is notably one of the newest homes on its street. With 1,196 sqft of living area, it offers above-average interior space for both the Munroe East neighborhood and Kisil Bay street, ranking in the top 10%. The assessed value is modest compared to wider city averages, suggesting a potentially lower property tax burden.
Its appeal lies in this balance of spacious, newer construction within an established area at a value-conscious entry point. The lot is smaller than typical for the city, which translates to less exterior maintenance. This property would suit first-time buyers or practical downsizers who prioritize interior square footage and a modern build year over a large yard. It’s a pragmatic choice for someone looking to maximize their living space within a budget in a quiet, mature neighborhood.
Frequently Asked Questions
How does the build year affect this home?
Built in 1970, this is one of the newest homes on Kisil Bay. This can mean updated building materials and systems compared to older neighbors, potentially reducing immediate concerns about very aged components.
Is the assessed value a reliable indicator of the market price?
Not directly. The assessed value of $24,800 is for municipal tax purposes and is consistently below city-wide averages. The actual market price is determined by recent sales, like the home's last sale between $200k-$250k in 2020.
What does "below average" land area mean for me?
The 3,114 sqft lot is smaller than most in Winnipeg. This is a key trade-off: it means less yard for gardening or play, but also significantly less maintenance like mowing and landscaping, which can be a benefit for those seeking a low-maintenance property.
How spacious is the home compared to others nearby?
Very spacious for the area. The living area ranks in the top 6% on its street and top 9% in Munroe East. You get more interior room than most comparable nearby homes, which is a standout feature.
Where can I see more detailed neighborhood comparisons?
You can open the dedicated neighbourhood analysis page for a map and detailed comparisons of nearby homes by year built, living area, assessed value, and lot size. A link is provided in the full property details.