Property Overview: 8 Dounreay Bay, Winnipeg
Key Characteristics & Appeal
This home at 8 Dounreay Bay in the Rossmere-A neighborhood is a well-positioned, mid-century property built in 1959. Its primary appeal lies in its balance of space and value within a stable community. With 1,223 sqft of living area, the home is very typical for its immediate street but sits above the neighborhood average, offering a bit more interior space than many nearby homes. The standout feature is the lot size at nearly 7,000 sqft, which ranks well above average for both the neighborhood and the wider city, providing generous outdoor space that is increasingly rare.
The assessed value of $370,000 is above the Rossmere-A average, suggesting the property is viewed favorably relative to its local market, while remaining close to the citywide average for comparable homes. Recent sale history indicates steady market interest. This combination—a solidly built home on a larger lot in an established area—creates a practical appeal. It would suit buyers looking for a move-in-ready home with room to garden or entertain outdoors, or those who value the character and maturity of a 1950s-era neighborhood over a new subdivision. It’s a pragmatic choice for first-time buyers seeking a foothold with room to grow, or for downsizers who want a manageable home without sacrificing yard space.
Frequently Asked Questions
1. How does this home compare to others on the street?
It is very representative of Dounreay Bay. Its living area, year built, and assessed value are all around the street average. Its lot size, however, is slightly above the street average.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $370,000 is for municipal tax purposes. Based on recent sale data from 2020 and 2022, actual market prices have ranged between $300k-$450k. Current market conditions will ultimately determine the price.
3. What does the lot size ranking mean for me?
Ranking in the top 12% in the neighborhood and top 17% citywide for lot size means you are getting significantly more land than many comparable properties. This translates to more privacy, space for additions like a shed or deck, and landscaping potential.
4. The home was built in 1959. What should I consider?
Homes from this era are typically solidly built but may have original components like plumbing, electrical, or windows that could require updating or maintenance. A thorough inspection is recommended to understand the condition and any modernizations.
5. Can I get the exact historical sale prices?
The public data shows sale price ranges. You can request the exact figures by emailing through the provided form on the listing page; the service is manual and intended to provide precise data without marketing spam.