Property Overview: 4 Bret Bay, Winnipeg
Key Characteristics & Buyer Appeal
This 864 sqft home, built in 1974 on a 4,065 sqft lot in Rossmere-A, presents a specific value proposition. Its key appeal lies in its strong position within its immediate micro-market. While the living area is below average for both the neighborhood and the city, the property stands out on its own street with an assessed value ($278k) and lot size that are above the local street averages. This suggests it is a well-regarded home on Bret Bay. The lot is notably larger than others on the street, offering more outdoor space than direct neighbors.
The home would suit a first-time buyer or a downsizer looking for a manageable footprint in a mature, established area. It’s a practical choice for someone who values a larger yard relative to nearby houses and prioritizes value within a specific street over having the largest home in the wider area. A thoughtful perspective is that this property represents a "street-level standout" in a neighborhood where it is otherwise an average or below-average contender, making its immediate surroundings particularly important to its value.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
Its assessed value of $278k is above the average for Bret Bay street, but below the average for the broader Rossmere-A neighborhood. This indicates you may get more for your money compared to immediate neighbors, but the home is priced modestly within the larger community.
2. Is the living space small for the area?
Yes. At 864 sqft, the living area is below the averages for the street, neighborhood, and city. This points to a more compact, efficient layout suitable for individuals, couples, or small families.
3. What is the significance of the lot size?
The 4,065 sqft lot is a key feature, ranking in the top 13% on Bret Bay for size. It offers more private outdoor space than is typical for the immediate area, which is a notable advantage.
4. When did it last sell, and for how much?
The home sold between August 2020, for a price in the CA$200k–$250k range. The exact sale price is available upon request from the listing provider.
5. How does the age of the home compare?
Built in 1974, it is typical for its street but is actually newer than the average home in the Rossmere-A neighborhood, where many houses are older.