Property Overview: 30 George Suttie Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 30 George Suttie Bay in Munroe East is a study in solid, relative value within its immediate context. Built in 1971, it is notably newer than most homes on its street and in the broader area, which may translate to advantages in building materials or systems. With 942 sqft of living space and a 4,998 sqft lot, the property offers a manageable size that is squarely average for the neighbourhood, suggesting a good fit without being excessive.
The primary appeal lies in its positioning. The assessed value is consistent with local averages, indicating a fair market entry point without the premium often attached to newer builds. It’s a home that doesn’t stand out for extreme size or price, but rather for its balance and practicality within a well-established community. A thoughtful perspective is that its "average" metrics within the neighbourhood could mean less volatility and more predictable long-term value, appealing to those seeking stability.
This property would best suit first-time buyers or downsizers looking for a straightforward, low-maintenance home in a mature area. It’s also a sensible choice for an investor seeking a rental property with steady, proven comparables and a build date that may require fewer immediate updates than older stock in the city.
Section 2: Frequently Asked Questions
1. How does the 1971 build year compare practically?
While newer than many area homes, a 55-year-old property will still require a thorough inspection. The advantage is that it may have features or construction methods from a later era than its immediate neighbours, but buyers should budget for updates common to homes of this age.
2. Is the living space sufficient for a growing family?
At 942 sqft, the home is below the city-wide average. It is likely a bungalow or similar style, suitable for a small family, a couple, or an individual. Its average lot size, however, offers valuable outdoor space that can extend the living area.
3. What does the assessed value indicate about the property tax?
The assessed value of $30,100 is for municipal tax purposes only and is not the market value. It is in line with area averages, suggesting property taxes should be typical for Munroe East, but buyers should verify the current tax amount.
4. The home sold between 2021-2025. What does that recent sale history suggest?
A sale in the last few years indicates a stable, active market for the street. It suggests the property is turnkey and was likely maintained to a standard acceptable to a recent buyer, though the exact sale price and reasons for the sale would need to be investigated.
5. How does this property rank for long-term investment?
Its rankings show consistent middle-of-the-pack performance across key metrics locally. This can be a strength, indicating a lower-risk profile that tracks with the neighbourhood's overall movement rather than relying on unique, high-appeal features that can be unpredictable.