Property Overview: 3 Donegal Bay, Winnipeg
Key Characteristics & Appeal
This home at 3 Donegal Bay is a practical, no-frills property that presents a clear value proposition. Built in 1960, it is notably newer than many of its immediate neighbors on Donegal Bay, which can be an advantage regarding the potential age of major components. The 816 sqft living area is compact, placing it well below average for the street, neighborhood, and city, defining it as a cozy or efficient space rather than a sprawling one. The assessed value is modest, positioned below average for the street and city, suggesting a relatively accessible price point.
Its primary appeal lies in its efficiency and lot size. The 4,951 sqft lot is very close to the average for the Munroe East area, offering a balanced outdoor space that isn't overly burdensome to maintain. This combination of a smaller, manageable home on a decent lot creates a low-overhead living scenario. It would suit first-time buyers seeking an entry into the market, downsizers looking to reduce space and cost, or pragmatic investors interested in a property with fundamentals that align with area averages for value and land.
A less obvious perspective is that its "below average" size and value metrics, within a stable neighborhood, could represent a resilient and affordable option in various market conditions, insulating owners from the volatility that sometimes affects premium properties.
Frequently Asked Questions
1. How does the home's age compare to others nearby?
At 66 years old (built in 1960), this home is actually newer than the average house on its own street, ranking in the top 17% for year built on Donegal Bay.
2. Is the lot size typical for the area?
Yes. The land area of 4,951 sqft is very close to the average for the Munroe East neighborhood, making it a standard-sized lot for the community.
3. What should I know about the living space?
The 816 sqft living area is compact. It ranks below average in size compared to most homes on its street, in the Munroe East area, and across Winnipeg, indicating a efficient floor plan.
4. How does its assessed value compare?
The assessed value is below the average for the street and for the city overall. Within the Munroe East neighborhood specifically, it is considered around average, suggesting its valuation is very much in line with local market norms.
5. Where can I see more detailed context about the neighborhood?
You can open the dedicated neighbourhood analysis page to view this property on a map alongside nearby homes, comparing details like year built, living area, assessed value, and lot size.