Property Overview
16 Byron Bay is a well-situated, one-storey home in Winnipeg's Kirkfield neighbourhood. Built in 1960, its primary appeal lies in its exceptionally large lot—over 10,600 square feet—which stands in the top 5% of properties both locally and citywide. The home itself, at 1,088 sqft with a renovated basement, offers functional living space that is average for the area. Its assessed value is notably strong for its immediate street, ranking in the top 7% of Byron Bay.
This property suits buyers who prioritize land over square footage. It’s ideal for someone seeking privacy, expansive outdoor space for gardening, recreation, or future expansion. The renovated basement adds practical living area, making it a fit for small families, downsizers, or investors looking for a property with a unique land advantage in a mature community. Its average citywide assessment suggests it’s grounded in the market, while the elite-sized lot offers a less obvious but significant upside that isn't easily replicated.
Frequently Asked Questions
1. How does the lot size compare to typical Winnipeg homes?
The land area of 10,604 sqft is exceptional, placing it in the top 5% of all residential properties in Winnipeg. It is substantially larger than the citywide average lot of about 6,570 sqft.
2. Is the living space smaller than other homes in Kirkfield?
At 1,088 sqft, the living area is slightly below the Kirkfield neighbourhood average of about 1,362 sqft for comparable homes, but is balanced by the renovated basement and the substantial lot.
3. Why is the assessed value high for the street but average for the city?
The assessment ranks in the top 7% on Byron Bay itself, likely reflecting the premium lot size and recent updates. Citywide, it falls around the median, indicating its value is consistent with the broader market when all factors are considered.
4. What is the significance of the home being built in 1960?
The age is typical for the Kirkfield area. While systems and the roof may require attention due to age, the original character and the renovated basement suggest some updates have been made.
5. Where can I find the exact historical sold price?
Exact sold prices are not published publicly. The listing service offers to provide this specific data manually via email upon request, with the last recorded sale occurring in May 2017.