Property Overview: 7 Kirkham Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Kirkham Bay in Riverbend presents a solid, middle-ground option in the Winnipeg market. Built in 1993, its 1,183 sqft living space is very close to the averages for its street, neighborhood, and the wider city, indicating a practical and familiar layout for the area. The standout feature is the 4,545 sqft lot, which is notably larger than most on Kirkham Bay itself, offering above-average outdoor space for the immediate locale.
The appeal lies in its balance and established context. With an assessed value of $428k, it sits above the street average, suggesting it is a well-regarded property on its block. It suits buyers looking for a move-in ready home in a mature neighborhood without extreme outliers in size or price. It’s particularly fitting for those who value a larger yard in a setting where that is a premium, or for buyers who appreciate a home that performs steadily across various metrics—neither the newest nor the largest, but consistently above the bottom tier in comparisons.
A thoughtful perspective: this property’s value seems anchored in its desirability within its specific micro-location (the street), rather than standing out in the broader area. This can indicate a stable, predictable investment within a well-established peer group.
Section 2: Frequently Asked Questions
1. How does the assessed value relate to likely selling price?
The assessed value of $428k is for municipal tax purposes. While it’s a data point, the selling price is determined by the current market. The last known sale was in 2017, so a professional market evaluation is essential for pricing.
2. Is the lot size a major advantage?
Yes, particularly on this street. Ranking in the top 11% for lot size on Kirkham Bay means you get more yard space than most of your immediate neighbors, which is a permanent feature. Compared to the wider city, however, the lot is closer to average.
3. The home was built in 1993. What should I consider?
Being built in 1993 means major components like the roof, windows, and HVAC system are likely at or beyond their typical lifespan. A thorough inspection is crucial to understand the condition and any upcoming capital expenses, which is typical for homes of this age.
4. How does this property compare to others in Riverbend?
The data shows it is consistently around the neighborhood average for living area, value, and lot size. It’s a representative example of the Riverbend area, not an outlier, which can be positive for resale as it appeals to the typical buyer in the community.
5. Where can I find verified past sale prices?
The site provides estimated sold price ranges from public data. For fully verified transaction history and exact figures, you must request a manual lookup via email, as this information is not sourced from the MLS system.