Property Overview
34 Donegal Bay is a 816 sqft bungalow built in 1959, situated on a 4,434 sqft lot in Winnipeg's Munroe East neighborhood. Its key appeal lies in its position as a more affordable entry point into a stable, established area. The home presents a practical opportunity rather than a premium one, with its assessed value notably below the averages for its own street and the wider city.
Key Characteristics & Appeal
This is a home defined by its modesty and potential. Its living space is compact, ranking in the smaller third of homes locally, which suggests a cozy, efficient layout suitable for a single person, a couple, or a small family. The lot size, while below the street average, is still a generous city parcel, offering valuable outdoor space for gardening, play, or future expansion—a significant asset not found in newer, denser subdivisions.
Its primary appeal is financial accessibility. With an assessed value significantly lower than many comparables, it represents a chance to secure a detached home with land in Winnipeg without a top-tier budget. It last sold between $250k-$300k in 2017, a price point that likely remains attractive relative to current averages. The home suits first-time buyers, downsizers seeking a manageable property, or investors looking for a character home with renovation potential. Its average age for the area means major systems may need attention, appealing to those with a vision for updates rather than those seeking move-in perfection.
A less obvious perspective is its location within the streetscape. Being one of the more modest properties on Donegal Bay could be seen as an advantage; property tax obligations are often tied to assessed value, potentially resulting in lower annual costs than neighbors in larger homes.
Frequently Asked Questions
1. Is this a "fixer-upper"?
Given its age (67 years) and below-average assessed value for the street, it is very likely that the home requires modernization or maintenance. Buyers should budget for updates to roofing, windows, plumbing, or electrical systems common to homes of this era.
2. Why is the assessed value so much lower than the street average?
The assessed value reflects the home's smaller size and older condition relative to other, potentially updated or larger homes on Donegal Bay. It is assessed closer to the average for the broader Munroe East area, indicating it's more typical for the neighborhood than for its specific, possibly more upscale, street.
3. How does the lot size compare?
At 4,434 sqft, the lot is smaller than most on its street but is near the average for the Munroe East area. It provides a substantial backyard for a city home, which is a key feature that adds long-term value and utility.
4. What can the 2017 sale price tell me?
The prior sale price (CA$250k–300k) provides a historical benchmark. When compared to its current assessed value and recent market trends, it helps gauge the property's appreciation and can be a starting point for understanding its potential market value today.
5. How do I find out the exact past sale prices?
The exact sold prices are not publicly displayed. You can request this information directly via the provided email form. The service is manual, with a promised reply by the end of the same day, and your email will not be used for unsolicited marketing.