Property Summary: 77 Stacey Bay, Valley Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated home at 77 Stacey Bay presents a solid, grounded opportunity in the Valley Gardens neighborhood. Built in 1976, its 1,210 sqft living area and 5,999 sqft lot are both notably above average for the immediate neighborhood, offering more interior space and yard than many nearby homes. The assessed value of $346k sits below the street average, which can indicate a more accessible entry point into the area or potential for value alignment.
The primary appeal lies in its strong neighborhood standing. It consistently ranks in the top 25-30% of Valley Gardens for key metrics like living area, lot size, and year built, meaning you get more for your money within this specific community compared to its peers. It suits practical buyers looking for a home that is both comfortably sized and competitively priced within a established area. It’s ideal for someone who values space and neighborhood fit over a brand-new build, and who sees the below-average street assessment not as a drawback, but as a sensible positioning in a mature, stable streetscape.
Section 2: Frequently Asked Questions
1. Is the below-average assessed value on the street a concern?
Not necessarily. It primarily reflects how this property is valued relative to its immediate neighbors on Stacey Bay, some of which may have undergone more extensive renovations or additions. At the neighborhood and city level, its value is around average, suggesting it is fairly aligned with the broader market.
2. How does the living area compare to typical Winnipeg homes?
At 1,210 sqft, it is slightly below the citywide average for comparable homes. However, it is genuinely above average for the Valley Gardens neighborhood. This highlights a key perspective: you are purchasing a home that is spaciously configured for its specific, popular area.
3. What does the "Above Average" ranking for lot size in the neighborhood mean?
With a lot size ranking in the top 25% of Valley Gardens, this property offers more outdoor space than 75% of similar homes in the neighborhood. This is a distinct advantage for privacy, gardening, or outdoor activities in a community where larger lots are less common.
4. The home was built in 1976. Is that older than most?
For the city overall, 1976 is just around the median age. On its street and in Valley Gardens, it is actually at or above the average year built. This indicates the home exists in a context of similarly aged properties, which can mean more predictable maintenance patterns and established character for the area.
5. Are these rankings based on recent data?
The rankings compare this home to all recorded, comparable properties in each geographic category (street, neighborhood, city). They use the latest available official data for metrics like assessed value, living area, and lot size, providing a snapshot of its current market position.