Property Overview
This one-storey home at 8 Byron Bay in Winnipeg's Kirkfield neighbourhood presents a practical and well-sized living option. Its key appeal lies in being a solid, renovated bungalow on a manageable lot. At 1,299 sqft, the living space is notably above average for its immediate street and offers the convenience of single-level living. The home benefits from a renovated basement, adding functional space. Built in 1960, it is one of the older homes on the block, which may speak to the established nature of the area. The lot size of just over 6,000 sqft is smaller than others on Byron Bay but is still a good-sized city lot overall.
This property would suit first-time buyers or downsizers looking for a move-in ready bungalow without the upkeep of a large yard. Its above-average interior space for the street is a significant plus for those wanting room without a multi-storey layout. A thoughtful perspective is that while the assessed value is around the average mark, the home's living area ranks higher, which could suggest a favourable amount of house for the price point in this specific location.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area of 1,299 sqft is above average for Byron Bay itself (ranking in the top 17% on the street) and is competitive with the city-wide average for similar homes.
2. What is the significance of the 1960 build year?
The data shows this is one of the older homes on its street. This typically indicates an established neighbourhood and mature landscaping, but buyers should ensure renovations, like the basement, are modern and that a thorough inspection is completed.
3. Is the lot size a drawback?
While the lot is smaller than most on Byron Bay, at over 6,000 sqft it remains a generous city lot by wider standards and would appeal to those wanting less yard maintenance.
4. What does the sold price history indicate?
The home sold in late 2021 for an estimated range between $315,000 and $345,000. The current assessed value is in line with that past sale, suggesting stable value in the area.
5. Who are the most likely buyers for this property?
This bungalow is ideally suited for buyers seeking single-level living, such as first-time homeowners or empty-nesters downsizing from a larger property. The renovated basement and practical lot size add to its low-maintenance appeal.