Property Overview: 51 Tyrone Bay, Winnipeg
Key Characteristics & Appeal
This well-situated home at 51 Tyrone Bay in the Pulberry neighborhood presents a solid, middle-of-the-market opportunity. Built in 1975, the house is actually newer than many of its immediate neighbors and sits on a slightly larger-than-average city lot. With 1,317 sqft of living space, its size is consistently average when compared to the street, neighborhood, and wider Winnipeg market, indicating it’s a typical family-sized layout for the area.
The primary appeal lies in its established location and straightforward value. The assessed value of $439k sits above both the city and neighborhood averages, suggesting the property is in good company and likely benefits from a stable or appreciating setting. Its last known sale was between $350k-$400k in late 2021. This isn’t a standout fixer-upper or a luxury offering; instead, it represents a dependable home in a mature community. It would suit first-time buyers looking for a manageable entry into homeownership, or practical buyers who prioritize neighborhood stability over a brand-new build. The data suggests you’re buying into a street and area where values are holding firm, offering a sense of security rather than speculative potential.
Frequently Asked Questions
1. Is this house a good value compared to others on the street?
The data indicates it’s very typical. Its living area and assessed value are both almost exactly at the street average, ranking 10th out of 24 homes. You’re not overpaying for size or perceived value relative to your immediate neighbors.
2. How does the lot size compare?
At 6,395 sqft, the lot is slightly smaller than the average on Tyrone Bay and in Pulberry, but is actually above the average lot size for comparable homes across Winnipeg. This suggests a good balance of yard space without excessive maintenance.
3. The house was built in 1975. Is that old for the area?
Interestingly, no. On Tyrone Bay, 1975 is the average build year, and this home ranks 2nd newest out of 24 on the street. In the broader Pulberry neighborhood, it’s also above average, meaning it’s actually one of the more recently built homes in the community.
4. What can the assessed value tell me?
The assessed value ($439k) is above the Winnipeg and Pulberry averages. This generally reflects the city’s estimation of its worth relative to others, often based on property characteristics and market trends. It’s a useful benchmark for understanding its standing, but not a direct indicator of current market selling price.
5. How can I find out the exact past sale price?
The site shows the last known sale (10/2021) in a range. Due to data source rules, exact sold prices are provided via a manual email lookup. You can request this information through the form on the property page to receive verified figures directly.