Property Overview & Key Characteristics
This two-storey home at 47 Manipogo Bay in Winnipeg's South Pointe neighbourhood is a modern property built in 2019. Its primary appeal lies in its combination of a newer build, above-average living space, and a generous lot size. With 2,365 sqft of living area on a 7,875 sqft lot, it offers more room than many comparable newer homes. A key feature is the renovated basement, adding immediate functional space. The attached garage and lack of a pool contribute to a low-maintenance lifestyle suited to the local climate.
The home’s statistical rankings reveal its standing: it consistently places in the top tiers of its neighbourhood and the wider city for lot size, year built, living area, and assessed value. This suggests a property that is both desirable and a solid investment within its market. It would particularly suit growing families or professionals seeking a move-in ready, modern home in a well-regarded suburban area, without the concerns or immediate update costs of an older property. A thoughtful perspective is that while newer, the 2019 build date means major components like the roof and HVAC are approaching a point where future capital planning, while not urgent, becomes a consideration.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $81,600k is for municipal tax purposes and is typically lower than market value. The last known sale was in 2019 for $52.30k, so the current market price will be determined by recent comparable sales and buyer demand.
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 clarify with the seller or agent to understand if it’s a finished recreational space, contains additional bedrooms, or includes a separate entrance.
3. Is the property in a flood zone or area with known foundation issues?
The property is located in the South Pointe area near bodies of water. It is always prudent to investigate area-specific history regarding water management, drainage, and any related building bylaws, which are not covered in the basic data.
4. How does the lot size compare practically?
At 7,875 sqft, the lot is larger than 81% of those in South Pointe. This translates to more backyard space and greater distance from neighbours compared to many newer subdivisions, but may also mean more yard maintenance.
5. Why is the last sale price from 2019 so much lower?
The home was sold new in 2019 for $52.30k. The significant increase in assessed value since then reflects both the completion of the home and the general appreciation in the Winnipeg housing market over the past five years.