Property Overview: 146 Danbury Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1962 in the Crestview neighborhood. With 1,025 sqft of living space and a renovated basement, it offers a practical layout for everyday living. The property sits on a roughly 5,500 sqft lot and includes a detached garage.
Its primary appeal lies in its solid, average positioning within its immediate market. The assessed value is consistently around the average for Danbury Bay, Crestview, and Winnipeg overall, suggesting a fair and stable valuation. For its street and area, the home is typical for its era, meaning major systems and neighborhood character are well-understood. The renovated basement is a clear functional upgrade.
This home would suit first-time buyers or downsizers looking for a move-in-ready, no-fuss property in a mature neighborhood. It’s for someone who values a honest, average-priced home without extreme highs or lows, and who appreciates the potential of a good-sized lot and the flexibility of a detached garage. A thoughtful perspective is that a home which is "average" across multiple metrics can represent a lower-risk purchase, as it is less likely to be overpriced for its location or features.
Section 2: Frequently Asked Questions
1. Is the living space smaller than average?
Yes. At 1,025 sqft, the living area is below the average for similar homes on its street, in Crestview, and citywide. This indicates a more compact, efficient layout.
2. What does "around average" assessed value mean for me?
It suggests the city’s tax assessment aligns closely with similar properties. This can be a useful benchmark for market value, indicating the home isn’t an outlier that might be over- or under-assessed compared to its peers.
3. How does the 1962 build year affect the home?
Built in the early 1960s, it is typical for the area. Buyers should expect the maintenance considerations common to homes of this vintage, but also the proven durability and neighborhood stability that comes with it.
4. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used as a workshop or project space without concerns about fumes or noise in the house. It also provides potential for future lot development, like a garden suite, subject to zoning.
5. The home sold in late 2020. How relevant is that sale price today?
The sale price from November 2020 ($32.5k) is primarily of historical interest. Market conditions have likely shifted since then, so current value should be determined by a new appraisal and recent comparable sales.