Property Overview
This home at 172 Crofton Bay in Winnipeg’s Pulberry neighborhood presents a solid, mid-century property with balanced metrics. Built in 1965, it sits on a slightly larger-than-average lot for its street and holds an assessed value that is competitive within its immediate area. Its appeal lies in its consistency—it doesn’t stand out as exceptionally large or highly priced but offers a stable, average-sized home in an established setting. It would suit practical buyers looking for a straightforward, no-surprises home in a mature neighborhood, or those who value a bit more outdoor space relative to nearby houses.
Key Characteristics & Appeal
The 1,094 sqft living area is typical for the street and wider neighborhood, positioning this home as an average-sized option for the area. A key characteristic is the 5,937 sqft lot, which is above the street average, offering more yard space than many direct neighbors—a subtle advantage for gardening, expansion, or simply more privacy. The 1965 build date is newer than most on Crofton Bay, suggesting potentially updated infrastructure compared to other homes from the early 1960s.
Its assessed value of $372K is very close to the street average of $383K and sits below the Pulberry neighborhood average, indicating it may be perceived as good value within its specific local context. The home’s sales history shows steady, moderate price growth over recent years, reflecting stable demand.
This property suits buyers who prioritize a balanced proposition over standout luxury. It’s ideal for first-time homeowners or downsizers seeking a manageable size without premium pricing, or for long-term residents who value a larger lot in a familiar, established community. Its consistent “around average” rankings across multiple scales suggest a low-risk, predictable investment in a neighborhood where values are well-established.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The assessed value of $372,000 is very close to the average for Crofton Bay street ($383k) and is notably below the broader Pulberry neighborhood average ($422.7k). This suggests it is priced competitively on its own street and could represent relative value within the larger area.
2. Is the lot size a significant feature?
Yes. At 5,937 sqft, the lot is above the average for Crofton Bay (5,755 sqft). This means you’re getting more land than many direct neighbors, which is a less obvious perk that adds potential for outdoor use and future value.
3. What does the year built (1965) indicate?
Built in 1965, this home is newer than most on its street (average year built is 1962). While still a mid-century home, this slightly newer build date might correlate with updated building materials or layouts compared to the earliest homes in the area, though a full inspection is needed to confirm the condition.
4. How stable has the home’s value been?
Previous sales data shows the home sold between $300k-$350k in 2017 and between $350k-$400k in 2021. This indicates steady, moderate appreciation in line with broader market trends over that period.
5. Where can I get verified, exact sold price data?
The figures provided here are based on public data ranges. For fully verified and exact historical sold prices, you must request a manual lookup via email from the site provider, as this information is not sourced from the MLS.