Property Overview: 87 Morton Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 87 Morton Bay in River West Park presents a solid, mid-century property with a practical footprint. Built in 1974, it is notably one of the newer homes on its specific street. With 1,120 sqft of living space, it sits around the city-wide average, offering a manageable size for efficient living. The lot size of 6,195 sqft is above average for Winnipeg, providing good outdoor space relative to many city properties.
Its primary appeal lies in its balance and established location. The assessed value of $434k is above average for its immediate street, suggesting the property is well-regarded within its micro-market. This isn't a sprawling estate, but a grounded home in a mature neighborhood. It would suit first-time buyers or downsizers looking for a low-maintenance footprint without a tiny lot, or an investor seeking a stable rental property in an established area. A thoughtful perspective is that while its living space is below the neighborhood average, this can translate to lower utility costs and less upkeep, which is a practical advantage often overlooked.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 1,120 sqft, the living area is smaller than the average home in the broader River West Park neighborhood but is quite typical for the city of Winnipeg overall. On its own street (Morton Bay), it ranks around the middle of the pack for size.
2. What does the assessed value tell us?
The $434,000 assessment is above the average for Morton Bay street, indicating it may be a higher-quality or better-maintained home compared to its immediate peers. It sits around the average for the wider neighborhood and is above the city-wide average for comparable homes.
3. Has the property’s value been stable?
Based on available sold price data, it last sold between $350k-$400k in August 2024, and previously in the same price band in July 2019. This suggests price stability within that range over a five-year period.
4. Is the lot a good size?
Yes. The 6,195 sqft lot is above the city-wide average. While it's below the larger average lot size for River West Park, it still provides substantial outdoor space, especially compared to many newer developments.
5. How can I verify the exact historical sold prices?
The site provides sold price ranges. Due to industry rules, exact MLS sold figures are not displayed publicly. You can request the exact transaction history by emailing the site directly for a manual lookup.