Property Overview: 4 Kinbrace Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 4 Kinbrace Bay is a quintessential example of a well-established Rossmere-A neighborhood property. Built in 1959, it offers a manageable 1,059 sqft of living space on a 5,918 sqft lot, placing it squarely in the average range for the area in terms of size and vintage. Its municipal tax assessment of $331,000 is also very aligned with community norms, suggesting a stable and predictable value proposition.
The primary appeal lies in its position as a solid, no-surprises entry into a mature Winnipeg neighborhood. It suits first-time homebuyers or downsizers seeking a functional home without a premium price tag for extra square footage or a newer build. The data indicates it’s a property that doesn’t stand out dramatically in any single metric, which can be an advantage for those looking for fairness and comparability in pricing. A thoughtful perspective is that its slightly smaller-than-street-average lot might translate to less maintenance, which could be a perk for buyers prioritizing ease of upkeep over expansive outdoor space. Its consistent "close to average" rankings across the board paint a picture of a home deeply integrated into the fabric of its community, likely offering a proven and stable living experience.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home on this street sold for between $350,000 and $400,000 in late 2024. The property’s current tax assessment of $331,000 is a baseline, but the final market price is determined by condition, updates, and current market dynamics.
2. Is the living space sufficient for a growing family?
At 1,059 sqft, it is slightly below the Winnipeg average for single-family homes. It is typical for its era and neighborhood, likely comprising two or three bedrooms. It would suit a small family or those comfortable with cozier, efficient layouts common in mid-century homes.
3. What should I consider about a home built in 1959?
While the structure is sound, a home of this age may have original components like plumbing, electrical, windows, or insulation that could need updating or have been modernized over time. A thorough inspection is crucial to understand the condition and any potential future investments required.
4. The lot is noted as smaller than others on the street. Is this a major drawback?
At nearly 6,000 sqft, the lot is still a good size and is actually slightly larger than the Rossmere-A average. While it is the smallest on Kinbrace Bay, this often means less yard work. The impact depends entirely on your desire for extensive outdoor space versus lower maintenance.
5. Where can I find the exact historical sale prices for this property?
The precise sale history is not publicly displayed due to data licensing. The website provides an estimated sale range and offers a service to request the accurate, verified transaction history directly via email from their team at no cost.