125 Luzon Bay

Property Overview: 125 Luzon Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 125 Luzon Bay in the Rosser-Old Kildonan area is a well-sized, modern property built in 2015. With approximately 1,906 square feet of living space, it offers more room than most homes in Winnipeg and sits on a standard suburban lot. Its assessed value of $590,000 positions it as an above-average home for the neighborhood and notably above the citywide average, suggesting a solid level of finish and desirability.

The primary appeal lies in its balance of space, modernity, and established location. It’s a newer home in a settled area, avoiding the potential issues of much older city housing while being part of a mature streetscape. The data indicates it’s a consistent performer—not the largest or most expensive on its street, but reliably above par in its broader context. This makes it a pragmatic choice for buyers seeking a comfortable, move-in-ready family home without extreme premiums. It would particularly suit growing families or professionals looking for space in a North Winnipeg community, offering more modern amenities than the city's older housing stock while representing a sound long-term investment relative to Winnipeg’s broader market.

A less obvious perspective is its "middle-ground" character. On its own street of similar homes, it’s statistically average, which can mean less volatility and more predictable resale value. Its 2015 build date is slightly older than the street average, potentially indicating a more settled lot and matured landscaping compared to the newest constructions nearby.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to others in the area?
The home’s assessed value of $590,000 is above the neighborhood average and significantly higher than the Winnipeg citywide average. On its own street, it sits close to the median value, indicating it is priced consistently with its immediate peers.

2. Is the home a relatively modern build?
Yes. Built in 2015, it is a newer home compared to the Winnipeg average (where the typical comparable home was built in 1966). On Luzon Bay, it is slightly older than the street average, which is 2017.

3. What was the home’s last sold price?
Public records indicate it sold between $550,000 and $600,000 in August 2023. For verified, exact historical sale figures, you can request a manual lookup via email from the site.

4. How does the lot size compare?
The lot is approximately 5,431 square feet, which is very typical for the street and neighborhood. It is slightly smaller than the average lot citywide for comparable homes.

5. Where can I see more detailed comparisons with neighboring properties?
You can use the provided link to open a neighborhood map analysis, which visually compares this property with nearby houses based on year built, living area, assessed value, and lot size.