Property Overview: 2 Dennis Bay, Winnipeg
Key Characteristics & Appeal
This one-storey home in Glendale offers a practical, renovated basement and a detached garage on a well-sized 6,261 sqft lot. With 1,158 sqft of living space, its size is consistently average or above when compared to the immediate street, the broader Glendale neighbourhood, and the city overall. The home was built in 1976, making it newer than many in the area. A key financial characteristic is its assessed value ($31.70k), which is notably low compared to its immediate neighbours on Dennis Bay, yet aligns with averages in Glendale and citywide.
Its appeal lies in this value proposition within a stable neighbourhood. The renovated basement adds modern living space, while the lot size provides ample outdoor room—a relative standout citywide. It suits first-time buyers or practical downsizers looking for a manageable single-level layout without a premium lot price. A thoughtful perspective is that this property represents a middle-ground option: it doesn’t carry the highest price on its street, but offers more modern updates (the basement) and a larger-than-average city lot, which could provide both immediate comfort and long-term flexibility.
Frequently Asked Questions
1. Why is the assessed value so much lower than the recent sold price?
Assessed values in Manitoba are for tax purposes and are typically lower than market value. The sold price reflects what a buyer recently paid in the open market, which is influenced by current demand, condition, and specific features.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finish quality, permits, and whether it includes added bedrooms, a bathroom, or legal suite potential.
3. How does the lot size compare practically?
At 6,261 sqft, the lot is above the citywide average. This is a notable asset, providing more private outdoor space than many Winnipeg homes, which is appealing for gardening, recreation, or future expansion.
4. The home sold recently in March 2025 and December 2024. What does this indicate?
The two recent sales suggest a potential quick turnover. This isn't inherently negative but warrants asking about the reasons for the rapid sale to understand if it was due to personal circumstances, investor activity, or an undisclosed issue.
5. How does this home rank for "Year Built" in Glendale?
With a 1976 build year, this home ranks in the top 21% for age in Glendale, meaning it is newer than 79% of comparable homes in the neighbourhood. This can be an advantage for systems, layout, and potentially requiring fewer immediate updates.