Property Overview: 65 Donegal Bay, Winnipeg
Key Characteristics & Appeal
This home at 65 Donegal Bay presents a compelling proposition centered on its land. Built in 1959, the 912 sqft house is modest in size, ranking below average for living space both on its street and in the wider Munroe East area. Its assessed value is consistently around the middle range compared to local and city-wide averages. The standout feature is the 6,815 sqft lot, which is significantly larger than most, ranking in the top 4% within the neighbourhood and the top 9% on Donegal Bay itself. This creates a clear value dynamic: you are investing primarily in the property's potential and outdoor space rather than a large, modern interior.
The appeal lies in this land-to-structure ratio. It perfectly suits a buyer with a vision—someone looking for a starter home or a long-term hold with room to expand, garden, or simply enjoy generous private outdoor space. It would also suit a pragmatic buyer who prioritizes lot size over square footage and is comfortable with a home that may require updates reflective of its era. The sale history shows it changed hands in the 2021 market, providing a recent price benchmark in the $300k-$350k range.
Frequently Asked Questions
1. Is the house in need of major renovation?
As a home built in 1959, it likely features original or older systems (like plumbing, electrical, and windows). While it is habitable, buyers should budget for modernizations and be prepared for the maintenance typical of a house of this age. A thorough inspection is essential.
2. What can I do with such a large lot?
The lot is the prime asset. It offers rare potential for additions like a garage, a large deck, or even a future home expansion. It’s ideal for gardening, recreational space, or providing ample privacy from neighbours—a feature increasingly hard to find.
3. How does the assessed value relate to the likely selling price?
The assessed value for municipal tax purposes is $308,000. It’s important to note that this is not a market valuation. The last known sale price ($300k-$350k in 2021) and current market conditions will be the true determinants of its list and sale price.
4. The living area is noted as below average. How does the layout feel?
At 912 sqft, the floor plan will be compact. For some, this promotes efficient, low-maintenance living. For others, it may feel confined. The experience heavily depends on the layout’s functionality and how well the space connects to the large outdoor area.
5. How can I get the exact past sale price?
The precise sale price from 2021 is not publicly displayed due to data licensing. You can request it directly via the form on this listing page. The service is manual but prompt, with no associated marketing spam.