Property Overview: 161 Crofton Bay, Winnipeg
Key Characteristics & Appeal
This home at 161 Crofton Bay is a quintessential example of a well-established property in the Pulberry neighborhood. Built in 1961, it offers 1,078 sqft of living space on a 5,541 sqft lot, with a current assessed value of $371,000. The data reveals a property that is consistently "around average" in most metrics when compared to its immediate street and the wider city. Its appeal lies in this very steadiness—it’s a home that aligns with the norms of its local area, suggesting a predictable and stable investment in a mature community.
A thoughtful perspective is that this home may represent an opportunity for value within Pulberry. Its assessed value ranks notably below the neighborhood average, while its living area is comfortably above the area norm. This could indicate a property with solid fundamentals that hasn’t kept pace with broader area appreciation, potentially offering room for equity growth. It would suit a pragmatic, first-time buyer or an investor looking for a manageable property in a settled area without extreme outliers in size, value, or age. The close proximity of very similar homes on Crofton Bay also suggests a uniform streetscape with little risk of disproportionate redevelopment nearby.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold in October 2020 for between $300,000 and $350,000. Its current assessed value of $371,000 sits slightly below the street average of $383,000, placing it in the top 70% of homes on Crofton Bay for this metric.
2. Is the lot size typical for the area?
The lot of 5,541 sqft is slightly below the average for the broader Pulberry neighborhood but is very much in line with the standard for Crofton Bay itself, where the average is 5,755 sqft.
3. What is the character of the immediate area?
The provided data shows a high concentration of homes built in the early 1960s with similar sizes and values. This indicates a street and micro-neighborhood with strong consistency, likely offering a uniform streetscape and a sense of established community.
4. Where can I see verified, exact historical sold prices?
The site notes that exact sold price data is not displayed publicly due to industry rules. You can request a manual lookup by email, and the exact figures will be provided directly to you, typically by the end of the same business day.
5. How does the living space compare to newer homes in Winnipeg?
At 1,078 sqft, the living area is modest by current city-wide averages (1,342 sqft). This is characteristic of its era and is very typical for both the Pulberry neighborhood and Crofton Bay specifically, where it ranks around the middle of comparable properties.