Property Overview
18 Wakefield Bay is a well-established home in Winnipeg's Pulberry neighborhood. Built in 1960, it offers a practical layout with 1,068 square feet of living space. The property sits on a 5,934 sqft lot, which is notably larger than many on its street, providing valuable outdoor space. With an assessed value of $383,000, it sits comfortably within the average range for its immediate area, presenting a stable and predictable value proposition in the market.
Key Characteristics & Appeal
This home’s primary appeal lies in its balance and consistency. It doesn’t stand out as exceptionally large or new, but it reliably meets or exceeds the core benchmarks for its immediate street and community. The lot size is a key advantage, offering more private outdoor space than over 70% of the homes on Wakefield Bay—a valuable feature for gardening, recreation, or future expansion. As a home from 1960, it is typical for the street but slightly older than the Pulberry neighborhood average, suggesting a classic, settled streetscape.
It would suit a pragmatic buyer—perhaps a first-time homeowner, a downsizer, or an investor—who prioritizes a stable, no-surprises entry into a mature neighborhood. The data indicates you’re not overpaying for premium size or finishes, but you are securing a property that holds its own. A thoughtful perspective is that this home represents the "heart of the market" on its street; its metrics are the definition of average for Wakefield Bay, which can be a strength for long-term value retention and insurability.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices on the street?
The home last sold between $350,000-$400k in September 2021. Its current assessed value of $383k is very close to the street average of $377.8k, suggesting the assessment is in line with recent market activity.
2. Is the living space considered small for the area?
At 1,068 sqft, it is slightly below the Pulberry neighborhood average (1,320 sqft) but is actually very close to the average for Wakefield Bay itself (1,087 sqft). It provides a standard amount of space for this specific street.
3. What does the "Below Average" year built ranking for the neighborhood mean?
While the home was built in 1960 (average for its street), the broader Pulberry area has an average build year of 1966. This simply means the immediate Wakefield Bay area is a slightly older pocket within the Pulberry neighborhood, often associated with consistent, established character.
4. What is the potential based on the lot size?
The lot is above average for the street, ranking 7th largest out of 25 properties. This larger parcel is a standout feature, offering more yard space and potential for additions, decks, or landscaping than most direct neighbors.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for general research. To obtain the exact, verified sale price and full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.