Property Overview: 55 Mattinee Bay, Winnipeg
Key Characteristics & Appeal
This well-situated home in Rossmere-A presents a solid, above-average offering within its immediate neighborhood. Built in 1969, it is slightly newer than many area homes. With 1,385 square feet of living space, it provides more room than most in Rossmere-A, ranking in the top 10% locally. The lot size of just over 6,000 square feet is also generous for the neighborhood, offering good outdoor space.
The appeal lies in its strong positioning within a stable, established community. The home's assessed value of $383,000 is above the neighborhood average, yet recent sale data suggests it may offer value relative to the broader city. It last sold in early 2023 for an estimated $400k-$450k, a price that ranked highly within the local area. This indicates a property that holds its worth in a desirable pocket of the city.
This home would suit buyers looking for a move-in-ready, no-surprises property in a mature neighborhood. It’s ideal for those who prioritize space and lot size over a brand-new build, and who value a home that performs well against local benchmarks rather than just city-wide averages. It represents a practical choice for families or long-term residents seeking a established community feel.
Frequently Asked Questions
1. How does this home truly compare to others on the street?
While its living area is above the street average, its assessed value and lot size are very close to the norm for Mattinee Bay. This suggests it's a representative, well-balanced property on a street of similar homes, not an outlier.
2. The home sold recently in 2023. What does that mean for its current value?
The 2023 sale price ranked in the top 6% for the neighborhood at the time, indicating strong desirability. This recent transaction provides a clear, modern benchmark, reducing speculation about its market value compared to homes that haven't sold in decades.
3. Is the assessed value a reliable indicator of the listing or sale price?
The assessed value ($383k) is used for property tax calculation and is often below market value. The 2023 sale price provides a more current market indicator. Note that exact sale prices require a manual request from the site due to data restrictions.
4. What are the less obvious pros and cons of a 1969-built home?
A pro is that major systems in homes of this era have often been updated, moving beyond original components. A consideration is that layout and design will reflect late-60s tastes, which may or may not align with modern open-concept preferences.
5. How does the lot size impact future potential?
At over 6,000 sq. ft. in a neighborhood where lots are typically smaller, this property offers above-average outdoor space. This provides more flexibility for gardening, recreation, or potential future expansions, subject to local zoning.