Property Overview: 23 Laurentia Bay, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Kildare-Redonda presents a solid, move-in-ready opportunity. Its primary appeal lies in its above-average living space and strong value positioning within its immediate neighborhood. With 1,205 sqft of living area, the home is notably larger than most comparable houses on Laurentia Bay and in the wider Kildare-Redonda area, ranking in the top 5%. This extra space, combined with a renovated basement, is a significant practical advantage. The home’s assessed value also ranks highly within the neighborhood, suggesting it is viewed as a premium property on its street.
Built in 1965, the home is typical for the area. The lot size is slightly below average for the street but standard for the neighborhood. A key, less obvious perspective is that this property represents a "best-in-class" option for its specific locale—it outperforms most direct peers on key metrics like size and assessed value, offering a sense of relative luxury and space within a familiar, established community setting. It would suit buyers looking for a spacious, single-level layout in a mature Winnipeg neighborhood, particularly those who value having more interior room than the area average and appreciate a home with a recently updated basement.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is significantly larger than most. With 1,205 sqft, it ranks in the top 3% on its street and top 5% in the Kildare-Redonda area for living area, offering more space than the typical local home.
2. What does the "Elite" or "above average" ranking mean for the assessed value?
The assessed value of $37,700k ranks in the top 7% on its street and top 4% in the neighborhood. This indicates the city’s assessment views it as a higher-value property compared to most homes around it, which can be a marker of its condition, features, or desirability within the local market.
3. Is the lot size a concern?
The lot is 4,999 sqft, which is slightly below the average for Laurentia Bay but is generally consistent with the typical lot size for the broader Kildare-Redonda area. It provides standard outdoor space for the community.
4. What is the home’s likely price range based on recent sales?
Based on public data, a home with this assessed value in this area previously sold in the range of $285,000 to $315,000. For the exact historical sold price, you can request the information via email from the listing source.
5. What type of buyer would this home be best for?
This home is ideal for buyers seeking a spacious, single-level living layout in an established neighborhood. Its above-average interior space and renovated basement make it particularly suitable for those who prioritize roominess over a large yard, and who appreciate a home that stands out positively against its immediate peers in terms of size and perceived value.