Property Overview: 67 Bunn's Grove, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated River East home presents a compelling blend of space, value, and established neighborhood character. Built in 1985, it is newer than most comparable homes in the area, suggesting potentially fewer concerns with aging infrastructure. With 1,802 sqft of living space, it offers significantly more room than the average Winnipeg home, placing it comfortably in the top 20% citywide for size.
The primary appeal lies in its strong value positioning. The home's assessed value of $507k ranks well above averages for the neighborhood and city, yet it sits on a slightly smaller-than-average lot for its immediate street. This indicates the value is likely driven by the home's structure and size rather than its land alone. It would suit buyers looking for a move-in-ready, spacious family home in a mature area without paying a premium for the largest lot on the block. It’s a practical choice for those who prioritize interior space and modern construction (relative to the area) over extensive yard maintenance.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
While the assessed value is in the top 15% on Bunn’s Grove, the last known sale in 2016 was in a lower price tier. This gap highlights the importance of obtaining current, exact sales data to understand today's market value.
2. Is the lot size a disadvantage?
At 6,916 sqft, the lot is above the city average but slightly smaller than others on the street. This could mean less yard upkeep, which some buyers may prefer. It’s wise to consider if the trade-off of a larger house on a moderately sized lot aligns with your lifestyle.
3. What does the "above average" year built really mean?
Being built in 1985 places this home newer than about 93% of similar Winnipeg properties. In practical terms, this often means building materials, electrical systems, and insulation may be more modern, though a thorough inspection is still essential.
4. Are the property taxes likely to be high?
Given its assessed value is significantly higher than the neighborhood and city averages, property taxes will likely reflect this premium. Budgeting should be based on the current assessed value, not past sale prices.
5. How can I get the exact sale price history?
The provided data shows approximate sale ranges. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email, as they do not display MLS records directly.