Property Overview: 183 Crofton Bay, Winnipeg
Key Characteristics & Appeal
This 1,256 sqft home, built in 1963, presents a solid, middle-of-the-road offering in the Pulberry neighborhood. Its primary appeal lies in its efficient use of space and established location. The living area is notably above average for its specific street, suggesting a well-sized home within its immediate context. With an assessed value of $378k that aligns closely with local averages, it represents a stable, predictable entry into the area.
The property’s standout characteristic is its manageable scale. The lot size is smaller than most in Pulberry, which translates to less yard maintenance—a potential advantage for downsizers, first-time buyers, or those seeking a low-maintenance lifestyle without sacrificing interior space. Conversely, the home’s consistent "around average" rankings in value and size city-wide indicate it’s a typical Winnipeg property, unlikely to surprise but also offering little speculative upside. It would suit pragmatic buyers looking for a turnkey home in a mature neighborhood, who prioritize a comfortable living space over a large garden and appreciate the stability of an asset that tracks closely with market norms.
Frequently Asked Questions
1. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $378k is very close to the average for both the street ($383k) and the wider city ($390.1k). Recent sales on the street have ranged from approximately $350k to $400k. This suggests the assessment is a reasonable benchmark, though the final price will depend on the home’s specific condition and market conditions at the time of sale.
2. How does the smaller lot size impact the property?
At 4,948 sqft, the lot is below the neighborhood average. This means less outdoor space for gardening or expansion, but also reduced upkeep. It’s a practical fit for those who prefer spending less time on yard work.
3. What does the year built (1963) mean for potential renovations or issues?
Built in the early 1960s, the home is of a vintage where major systems like roofing, plumbing, or electrical may be nearing or past their typical lifespan. A thorough inspection is advised, but the home’s age is typical and slightly newer than many on its street.
4. Are there recent sales nearby to gauge the market?
Yes. A home at 101 Crofton Bay (similar size, same year) sold recently, and several comparable sales on nearby streets like Parkville Drive and Weaver Bay provide a clear picture of the local price range for similar properties.
5. How can I get the exact sold prices for comparable homes?
The site provides sold price ranges. To obtain exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.