Property Overview: 155 Crofton Bay, Winnipeg
Key Characteristics & Appeal
This home at 155 Crofton Bay is a quintessential example of a well-established property in Winnipeg's Pulberry neighborhood. Built in 1961, it offers 1,145 square feet of living space on a 5,657 sqft lot, with an assessed value of $382,000. The data reveals a property that is consistently "around average" in most metrics compared to its immediate street, neighborhood, and the wider city. This isn't a standout in size or value, but rather represents a stable, middle-of-the-road offering in its community.
Its primary appeal lies in its predictability and alignment with established neighborhood norms. For a buyer, this translates into reduced risk; you're not overpaying for premium features nor are you getting an under-valued project. The home last sold in late 2020 for between $300,000 and $350,000, providing a recent market benchmark. A thoughtful perspective is that the lot size, while ample, is notably smaller than the Pulberry neighborhood average. This could mean less maintenance but also less private outdoor space compared to many nearby homes.
This property would best suit pragmatic, first-time buyers or downsizers seeking a straightforward entry into a mature neighborhood without surprises. It’s for those who prioritize community character over a brand-new build and appreciate a home that reflects the area's typical values and dimensions. It’s a sensible choice rather than a dramatic one.
Frequently Asked Questions
1. Is this property priced fairly compared to the neighborhood?
The assessed value of $382,000 is slightly below the Pulberry neighborhood average of ~$422,700 for comparable homes, while being very close to the street average. This suggests the valuation is in line with local norms, potentially offering a value relative to the broader area.
2. What does the "around average" ranking mean for future resale?
Homes that consistently perform at the neighborhood average often have stable, predictable resale value. They are less susceptible to market volatility than unique or outlier properties, making them a reliable, if not spectacular, investment.
3. The lot is smaller than the neighborhood average. Is that a concern?
It depends on your priorities. The lot is still a good size at over 5,600 sqft but is below the area norm. This likely means less yard maintenance, but it may also mean less potential for expansions like large decks or additions compared to neighbors with larger plots.
4. How can I find out the exact sold price from 2020?
The site provides sold price ranges for non-members. To obtain the exact sale figure, you must request a manual lookup via email from the service, as they do not display MLS data directly.
5. Are homes from this era (1961) expensive to maintain?
Homes built in the early 1960s are common in Winnipeg. While some major components (like roof, windows, furnace) may be due for updates depending on their maintenance history, the construction era is generally considered solid. A thorough inspection is always recommended to identify any deferred maintenance specific to this house.