Property Summary: 331 Stan Bailie Drive
Section 1: Overview & Appeal
This well-situated two-storey home in South Pointe offers a balanced blend of modern comfort and established community living. Built in 2015, it presents as a move-in-ready property featuring a renovated basement and an attached garage. Its key appeal lies in its generous, mature lot of over 9,000 sq ft—a rarity that ranks in the top 4% on its street—providing ample outdoor space for gardening, play, or expansion. The home’s assessed value ranks consistently in the top third of Winnipeg, suggesting a solid, recognized worth in a desirable area.
The property suits buyers looking for a settled home in a sought-after neighbourhood without the wait and uncertainty of new construction. It’s ideal for growing families who value both indoor living space and substantial outdoor room, or for professionals seeking a peaceful, established setting with quick access to major routes. A thoughtful perspective: while newer builds are nearby, this home offers a larger, more private lot than many of them, and the renovated basement adds immediate functional space without a project backlog. Its history shows steady value appreciation, appealing to those who view a home as both a lifestyle choice and a prudent long-term investment.
Section 2: Frequently Asked Questions
1. How does the lot size compare to newer homes in the area?
This property’s 9,086 sq ft lot is notably larger than many newer constructions in South Pointe and South Pointe West, where lots are often more compact. It ranks in the 96th percentile on its own street.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to request from the listing agent to understand the quality and scope of the renovation.
3. Has the home’s value increased since it was last sold?
Yes. It sold for $521,000 in November 2020 and currently holds an assessed value of $599,000. This indicates a strong increase in its assessed value over a four-year period.
4. Is the home older or newer compared to the neighbourhood?
Built in 2015, it is older than several nearby comparable properties built between 2019-2024. However, it ranks as newer than approximately 70% of homes in the broader Winnipeg area, striking a middle ground between brand-new and established.
5. How does this home rank for space within its immediate area?
With 1,873 sq ft of living area, it is slightly above the median size for its street. Its true standout feature is the land area, which is in the top tier for the street and neighbourhood, offering more outdoor space than most direct comparisons.