3 Higham Bay

Property Overview

This home at 3 Higham Bay in Winnipeg's River Park South neighborhood presents a compelling blend of space, established value, and a mature setting. Built in 2006, it offers a generous 2,183 square feet of living area, which places it comfortably above average for the neighborhood and city. The lot size is also notably spacious for its immediate street. Its assessed value of $541,000 aligns with the street average but sits above the broader area and city benchmarks, indicating a well-regarded location.

The appeal here lies in acquiring a home in a developed area where the landscaping and community feel are settled, without sacrificing modern amenities. While it's not the newest home on its street, its size and lot offer a tangible premium compared to many Winnipeg properties. It would suit buyers looking for move-in-ready space for a growing family, who prioritize established neighborhoods over brand-new construction, and who see value in a property that performs strongly against wider city metrics.

Frequently Asked Questions

How does this home's size compare to others nearby?
The living area is a key strength. It ranks in the top 15% on its own street, the top 6% in River Park South, and the top 7% city-wide, meaning it offers significantly more space than the typical Winnipeg home.

Is the assessed value in line with the property?
The assessment is average for Higham Bay but above average for the larger neighborhood and city. This suggests the value is supported by the home's size and the area's desirability, not just its specific street.

The home was built in 2006. Is that a concern?
While it's older than some neighbors, a 2006 build is still newer than the average Winnipeg home (1966) and neighborhood average (1990). It represents a period of solid construction, likely before major systems like the roof or HVAC require replacement.

What can the 2020 sale price tell me?
The previous sale price range places it in the top 28% for the neighborhood at that time, indicating a history of strong value retention. For precise figures, a manual lookup via the site is required.

How does the lot size impact the property?
At over 5,300 sq. ft., the lot is above average for the street. In an established neighborhood, this provides valuable outdoor space and potential that can be harder to find on newer, more densely packed subdivisions.