55 Pleasant Bay

Property Overview: 55 Pleasant Bay, Winnipeg

Key Characteristics & Appeal

This home presents a compelling mix of neighborhood value and solid fundamentals. At 1,258 sqft with an assessed value of $391k, it sits at a citywide average for size and value, but its true appeal becomes clear in the context of its Rossmere-A neighborhood. Here, it ranks in the top 17% for living area and the top 9% for assessed value, indicating it is a notably above-average property within a desirable local area. The lot size is a consistent strength, ranking above average at every level (street, neighborhood, and city), offering more outdoor space than many comparable homes.

Built in 1963, it is typical for its street but slightly newer than many homes in the wider city. A thoughtful perspective is that while the home is smaller than others on Pleasant Bay itself, it commands a strong assessed value for its size within the neighborhood, suggesting efficient use of space and potential updates. It would suit a buyer looking for a well-positioned property in a stable community—someone who values a larger lot and neighborhood standing over having the largest house on the block, and who is comfortable with a home from the 1960s era.

Frequently Asked Questions

1. How does the assessed value relate to the likely selling price?
The assessed value of $391k is a municipal valuation for tax purposes. While it provides a benchmark, the final sale price is determined by the market. The home last sold between $300k-$350k in 2017, so recent market conditions and property updates will be the primary drivers.

2. The home is noted as smaller than others on its street. Is this a concern?
Not necessarily. While its living area is below the street average, it is above the neighborhood average. This often means you're acquiring the location and lot benefits of the street without the premium price tag of the largest homes, which can be an efficient entry point into the area.

3. What does the lot size ranking actually mean for me?
Ranking in the top 17-22% across various comparisons means the 6,554 sqft lot is genuinely larger than most. This translates to more privacy, yard space, gardening potential, or room for additions like a shed or deck compared to many other properties in Winnipeg.

4. Can I find out the exact historical sale prices?
Yes, but the exact figures are not publicly displayed in the details provided. You can request the complete sales history directly via the email link on the property page, which the site states they will provide.

5. The home was built in 1963. What should I consider?
This is a common build period for the area. Key considerations would be the age and condition of major systems (roof, plumbing, electrical, heating) and windows, as well as the potential for original materials like asbestos or lead paint. A thorough home inspection is essential.