Property Overview
This two-storey home in South Pointe West, built in 2017, presents a compelling opportunity in a sought-after neighbourhood. Its primary appeal lies in a combination of modern construction, a generous and private lot, and strong standing within its community. The nearly 10,000 sqft lot is a significant feature, placing it in the top tier for land size on its street and within Winnipeg. This offers ample outdoor space and a sense of privacy that is less common in newer subdivisions. The home itself, with just under 2,000 sqft of living space, is modern and move-in ready, though the basement awaits a buyer's personal finishing touch.
The property is ideally suited for growing families or professionals seeking a established, low-maintenance home in a prime location without the premium of a brand-new build. It also appeals to buyers who value outdoor space for gardening, play, or future additions like a deck or patio. A thoughtful perspective is its "middle-ground" position: it's newer than many homes in the city, avoiding major immediate repairs, but has been lived-in long enough for any initial construction kinks to have been resolved. The strong rankings (top 10% or better in Winnipeg for lot size, age, and living area) suggest it is a competitively positioned asset in the broader market, not just the immediate area.
Frequently Asked Questions
Q: How does the unfinished basement impact the value and appeal?
A: It presents a dual opportunity. For some, it's a blank canvas to create exactly the space they need (a theatre, gym, or extra bedroom). For others, it means the home is priced without that finished square footage, which can be an advantage if you don't need the space immediately or prefer to customize it later.
Q: The assessed value is listed at $53.90k. Is that the market value or sale price?
A: No, that is the municipal property assessment for taxation purposes, not the market value or listing price. Market value is determined by current sale prices of comparable homes. The provided list of nearby properties with similar assessed values is useful for tax comparison, not for direct sales price comparison.
Q: The home ranks in the top 31% by age on its street. What does that indicate?
A: This means that on Falcon Creek Bay, roughly two-thirds of the homes are newer than this 2017 build. It suggests the street is in a very new, possibly still-developing area, and this home is among the earlier builds on the block.
Q: What is the significance of the lot size ranking so highly?
A: A lot size in the top 9% on the street and top 4% in the neighbourhood is a major asset. It implies more yard space, greater distance from neighbours, and potentially better future resale value as larger lots become scarcer in new developments.
Q: The comparable properties listed have a wide range of sizes and values. Which are the most relevant?
A: The most relevant comparisons are the other homes specifically in South Pointe West, especially those on Eaglewood Drive, Kilroy Street, and Berry Hill Road. These give a clearer picture of the local market. Properties in Bridgwater Trails, while nearby, represent a different community and may have different value drivers.