Property Overview: 14 Wakefield Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home in the Pulberry neighborhood presents a compelling blend of established value and above-average standing on its street. Built in 1960, it is typical for the area but offers a key advantage: its 1,116 sqft living space is notably above the average for Wakefield Bay itself, ranking in the top 20% on the street. The lot size of 5,934 sqft is also generous for the immediate area.
The standout characteristic is its assessed value of $421k, which ranks #1 out of 25 comparable homes on Wakefield Bay. This suggests the property is viewed as a premium offering on its block, potentially due to factors like condition, updates, or its specific lot. Recent sales history indicates it sold for between $450k-$500k in mid-2022, a price point that placed it in the top tier for the area at that time.
This home would suit a buyer looking for a solid, established property in a mature neighborhood, who values a strong positional value within a specific streetscape over a brand-new build. It appeals to those who appreciate data-backed metrics, showing a home that outperforms its direct neighbors in key financial and spatial categories, offering a sense of relative value and stability.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking on its street actually mean?
It means that among 25 directly comparable homes on Wakefield Bay, this property has the highest municipal assessed value. This typically reflects a combination of the lot, building size, condition, and improvements, suggesting it is considered the top-tier property on the block for tax assessment purposes.
2. How does the living area compare to nearby homes?
At 1,116 sqft, the home is larger than most on its own street (top 20%) but is closer to the average when compared to the broader Pulberry neighborhood and Winnipeg overall. You get more interior space than the immediate neighbors, which is a key local advantage.
3. The home was built in 1960. What should I consider?
The age is standard for the street and common for Winnipeg. It implies well-understood construction methods but also means essential systems (like plumbing, electrical, roof) may be original or have been updated at various times. A thorough inspection is advised to understand the condition and timeline of any upgrades.
4. Can I get the exact sale price from 2022?
The public data shows a range of $450,000-$500,000. The site states that exact sold prices are not displayed publicly due to industry rules but can be requested directly from them via email for verified figures.
5. The lot is above average for the street but below the neighborhood average. Why?
This highlights a useful detail: Wakefield Bay seems to consist of slightly smaller, well-established lots compared to other parts of Pulberry. You're getting a better-than-average yard for the specific street, which may contribute to its higher assessed value there, even if newer subdivisions or other areas have larger lots on average.