Property Overview: 103 Woodfield Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Elmhurst presents a solid, move-in-ready opportunity with a renovated basement. Built in 1978, it offers 1,456 sqft of living space on a 5,249 sqft lot with an attached garage. The data reveals a property that holds its value well, with an assessed value ranking above average for its immediate street and the wider city. While the home’s living area is typical for the neighbourhood, its lot is more modest compared to others in Elmhurst, potentially offering lower maintenance. The key modern update is the finished basement, adding functional living space.
Its appeal lies in being a well-positioned, no-surprises home in a stable area. It suits practical buyers—perhaps first-time homeowners, small families, or downsizers—who prioritize a renovated, low-hassle basement and a good valuation footprint over a sprawling yard or a newer build. A thoughtful perspective is that its above-average assessment on a street of similar homes suggests it is perceived as a quality offering within its specific niche, not just the broader market.
Section 2: Frequently Asked Questions
1. How does the lot size compare to the neighbourhood?
The lot is approximately 5,250 sqft, which is average for Woodfield Bay but below the average lot size for the wider Elmhurst area. This could mean less yard maintenance than many area properties.
2. What does the "above average" assessed value indicate?
The home’s assessed value ranks in the top 16% on its own street and top 29% citywide. This typically suggests the property has characteristics or updates that are favorably viewed for tax assessment purposes compared to many peers.
3. Is the home older than others on the street?
Yes. Built in 1978, it is slightly older than the average home on Woodfield Bay (avg. ~1980). This is a consideration for potential future maintenance, though the renovated basement is a notable update.
4. How recent is the sale history?
The home last sold in August 2019. The sale price at that time was also considered above average compared to relevant benchmarks.
5. What is the home’s ranking for living space?
With 1,456 sqft, the living area is around the average for its immediate street, the Elmhurst neighbourhood, and the city overall. It offers a standard amount of space for a two-storey home of this era.