Property Summary: 11 Sandburg Bay
Key Characteristics & Buyer Profile
This is a 1965-built home with 2,091 sq ft of living space and a 9,628 sq ft lot, both significantly larger than average for its neighbourhood and city. Within the Westwood area, the property ranks in the top 5% for living area and top 5% for lot size. Its assessed value sits at $562,000, which is roughly 43% above both the neighbourhood and city medians.
What stands out here isn't just size—it's the combination of ample square footage and land. In many older neighbourhoods, large lots often go with smaller houses, or large houses sit on compact plots. This one offers both. The 1965 build date is close to the median for the area, so it's not unusually old or young by local standards, but it's worth noting that a home this age may need updates depending on the current owner's maintenance.
The property would suit buyers who want interior and outdoor space without moving far from the city core. It's a strong fit for families, people who garden or want room for a workshop, or anyone looking for a property where the land itself carries value. Investors might also see potential given the lot size relative to assessed value.
Frequently Asked Questions
1. How does this home compare to others on the same street?
It ranks 4th out of 16 homes on Sandburg Bay for living area, lot size, and assessed value. That puts it in the top quartile for the street. The build year is slightly older than the street average (1965 vs. 1967), but not dramatically so.
2. Is the assessed value of $562,000 realistic for what the home might sell for?
Assessed value is primarily for tax purposes and may not reflect current market conditions. In a strong market, a home with this size and lot could sell above assessment, but buyers should work with a local agent to gauge recent comparable sales in Westwood.
3. What kind of maintenance or updates might be expected for a 1965 home?
Homes of this era often have original mechanical systems, windows, or roofing unless replaced. A 60-year-old property could also have asbestos in older flooring or insulation. A pre-purchase inspection is advisable to identify any deferred maintenance.
4. Is the large lot usable for subdivision or development?
That depends on local zoning bylaws and the specific lot configuration. While 9,628 sq ft is generous, not all lots in established neighbourhoods are eligible for subdivision. A call to the city's planning department or a land-use consultant would clarify what's possible.
5. How does this property compare to newer homes in the same price range?
Newer homes in Winnipeg often have smaller lots and less interior square footage for the same price. This property trades some modernity for significantly more space and land. Buyers who prioritize square footage and outdoor area over a newer build may find this a better value.