Property Overview: 117 Crofton Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a quintessential, no-frills property in the Pulberry neighborhood. Built in 1961, it sits on a modest, manageable lot and offers a compact living space of 1,015 sqft. The data reveals a property that is consistently "around average" in assessed value for its street, area, and city, suggesting it is priced in line with the market rather than standing out as a premium or fixer-upper opportunity. Its appeal lies in its straightforwardness and stability. It represents an entry point into a mature neighborhood without the premium price tag of a larger home or lot. The recent sale within the $450k-$500k range indicates strong market interest at that level.
This home would best suit practical, value-conscious buyers. It's ideal for first-time homeowners who prioritize location and a sound structure over square footage, or downsizers looking for a low-maintenance property without leaving the neighborhood. It may also appeal to investors seeking a stable rental property in an established area. A less obvious perspective is that its smaller-than-average lot and living area could be seen as an efficiency advantage, offering lower utility costs, less upkeep, and a cozier footprint that suits a minimalist lifestyle.
Section 2: Frequently Asked Questions
1. Is this home a good value compared to others on the street?
The assessed value is almost exactly the street average, and it recently sold at a price that ranks in the top 4% for the street. This suggests buyers have been willing to pay a premium over the assessment, likely for the home's condition or specific features not captured in the raw data.
2. How does the lot size impact the property?
The lot is below average for both the street and the Pulberry area. This means less yard maintenance, which is a plus for some, but also less private outdoor space and potentially limited expansion options compared to neighbors.
3. The living area is below average. How significant is this?
At 1,015 sqft, the home is notably smaller than many in the area. This emphasizes efficient use of space and likely indicates a simpler, classic layout. It's well-suited for individuals, couples, or small families who don't require extensive room.
4. What can the recent sale price tell me?
The home sold between $450,000 and $500,000, which is above its $383,000 assessed value and ranks highly locally. This strong sale indicates the market recognized value beyond the basic metrics, possibly due to updates, desirable interior condition, or other intangible factors.
5. Where can I get the exact sale price and history?
The exact sale price is not publicly displayed due to data source rules. You can request the fully verified transaction history and exact figures by emailing the site directly; they provide this as a manual lookup service.