Property Summary: 27 Brookhaven Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated Southdale home, built in 1966, presents a solid opportunity in a mature neighbourhood. Its key appeal lies in its balanced proportions and established setting. With 1,232 sqft of living space, the home is comfortably sized for a small family, couple, or downsizer, offering a manageable layout without being overly expansive. A notable strength is the generous 6,541 sqft lot, which is above average for its immediate street and city-wide, providing ample outdoor space for gardening, play, or future expansion.
The home’s assessed value of $402,000 is positioned interestingly: it is around the average for its specific street and for Winnipeg overall, but is notably below the average for the broader Southdale area. This suggests you may be acquiring a competitively priced property within a desirable neighbourhood. The 1966 build date is older than most in Southdale, indicating a classic, established streetscape, but it also means prospective buyers should be prepared for the maintenance and update schedule typical of a home of this age.
This property would best suit a practical buyer who values a larger lot in a quiet, established area over a brand-new build. It’s ideal for someone comfortable with a home that may require personalization or phased updates, and who sees the value in a price point that sits below the neighbourhood average while offering strong lot size.
Section 2: Frequently Asked Questions
1. How does the value of this home compare to its neighbours?
The home’s assessed value is very close to the average on its own street but is below the average for the wider Southdale area. This could indicate a value opportunity within the neighbourhood.
2. What should I consider about a home built in 1966?
While the structure is from a period known for solid construction, key systems like the roof, plumbing, electrical, and windows may be at or beyond their typical lifespan. A thorough inspection is essential to budget for any necessary updates or repairs.
3. Is the living space sufficient for a growing family?
At 1,232 sqft, the living area is slightly below the Southdale average. It would comfortably suit a small family or couple, but those needing multiple large bedrooms or extensive living areas may find it compact. The large lot is a compensating feature for outdoor space.
4. What does the sold price data from 2022 tell us?
The home sold for between $350,000 and $400,000 in mid-2022. While not a current market price, it shows a baseline from a period of different interest rates and market conditions, useful for understanding recent owner investment.
5. How does the lot size benefit a buyer?
The lot is significantly larger than many on the street and across the city. This offers more privacy, yard space, and potential for additions like a shed, deck, or garden, which can be a major advantage in mature neighbourhoods where lots are often smaller.