Property Overview: 12 Weaver Bay, Winnipeg
Key Characteristics & Appeal
This home at 12 Weaver Bay in the Pulberry neighborhood is a study in practical value within its local context. Built in 1960, it is a typically aged home for the area. Its key characteristic is a living area of 1,193 sq ft, which is actually above average for Weaver Bay street itself, offering more interior space than many direct neighbors. However, its assessed value of $363k sits below the averages for both the street and the wider Pulberry area, suggesting a potential value opportunity relative to its immediate market.
The appeal lies in this combination of a competitively sized home at a value-conscious price point for the locale. The lot, at just over 5,000 sq ft, is smaller than most in Pulberry, which translates to less yard maintenance—a plus for some buyers. This property would suit a first-time homebuyer or a practical downsizer looking for a well-positioned home in an established neighborhood without paying a premium for a larger lot. It’s a home that prioritizes interior space and entry into the area over land size or a modern build year.
Frequently Asked Questions
1. Is the below-average assessed value a red flag?
Not necessarily. It primarily reflects the home’s smaller lot size and older age relative to area averages. When combined with its above-average living area for the street, it can indicate a valuation focused on the building rather than the land, which can be an advantage for a buyer.
2. How does the smaller lot impact living here?
It means less private outdoor space and potentially less distance from neighbors, but it also significantly reduces yard work and upkeep. For those who prefer spending time indoors or at community parks, this can be a practical benefit.
3. The home last sold in 2016. Should I be concerned about a lack of recent updates?
The sale was nearly a decade ago, so the condition and any upgrades made since then will be crucial. A thorough inspection is key. The older sale price provides a long-term value baseline but doesn’t reflect the home’s current state.
4. How does it really compare to the nearby reference properties?
The listed comparisons show that on Weaver Bay and nearby streets, similar-sized homes from the same era often have higher assessed values. This reinforces the notion that 12 Weaver Bay’s assessment is on the lower end for its peer group, which could be a negotiating point.
5. Where can I get verified sale price history for this home?
The site notes that exact sold prices are not displayed publicly due to data rules. You must request this information directly from them via email for a manually verified figure. The displayed price range from 2016 is an estimate.