Property Overview
111 Bender Bay is a well-maintained, late-1980s home in Winnipeg's Leila-Mcphillips Triangle neighbourhood. At 1,187 sqft, its living space is notably above average for its immediate street and offers a practical, manageable size. The property sits on a 4,091 sqft lot, which is standard for the street but more compact compared to wider city averages, suggesting easier upkeep. With an assessed value positioned above average for the area, it represents a solid, established holding in the market. Its appeal lies in its relative modernity compared to many Winnipeg homes, its efficient use of space, and its standing as a stable, above-average property within its local context. This home would suit first-time buyers, downsizers, or practical investors looking for a move-in-ready property without excessive maintenance, in a neighbourhood of comparable homes.
Frequently Asked Questions
1. How does this home compare to others on the street?
It ranks above average in key metrics like living area, year built, and assessed value compared to its 49 neighbours on Bender Bay, indicating it's one of the more substantial and newer homes on the block.
2. Is the lot size a disadvantage?
While the lot is smaller than the city and neighbourhood averages, it is typical for Bender Bay itself. This often translates to less yard maintenance, which can be a benefit for buyers seeking a more manageable outdoor space.
3. What can the 2020 sold price range tell me?
The last known sale was between CA$300k–350k. This provides a recent benchmark, but the current assessed value of $36.60k reflects a provincial assessment for tax purposes, not market value. The two figures serve different functions.
4. How does its age affect potential renovations?
Built in 1987, major components like the roof, windows, or HVAC system may be nearing or past their typical lifespan. This isn't a hidden flaw, but a realistic consideration for maintenance budgeting, unlike the potentially more frequent issues with much older, pre-1960s homes common citywide.
5. Who are the most likely neighbours?
The list of nearby properties with virtually identical assessed values suggests a neighbourhood of very similar homes, offering a consistent community character and protecting against one outlier property disproportionately affecting values.