Property Overview: 31 Bender Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, renovated bi-level home in Winnipeg's Leila-Mcphillips Triangle neighbourhood. With 691 square feet of living space, it is notably smaller than most homes in the area and city-wide, positioning it as an affordable, low-maintenance entry point into the market. Its key features include a renovated basement and a build year of 1987, which is newer than many Winnipeg homes. The assessed value of $300k sits below the local average, suggesting a relatively lower property tax burden.
The primary appeal lies in its practicality and value. It suits first-time buyers, downsizers, or investors seeking a renovated, move-in-ready property without a premium price tag. The smaller scale means lower utility costs and less upkeep, which can be a significant long-term advantage. A thoughtful perspective is that its modest size and value make it a strategic choice for someone building equity without overextending financially, allowing resources for other investments or lifestyle expenses. It’s a home that prioritizes function and fiscal prudence over space.
Section 2: Frequently Asked Questions
1. Is the living space too small?
At 691 sqft, the home is significantly smaller than the neighbourhood average. It efficiently uses its space across two levels, including a renovated basement, but would best suit individuals, couples, or those comfortable with a compact, minimalist layout.
2. How does the assessed value affect property taxes?
With an assessed value below the area average, the municipal property tax bill should be proportionally lower. This is a key factor in the home's overall affordability.
3. What does "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A buyer should inquire about the finishes, the presence of a proper egress, and whether it includes a legal secondary suite or is simply finished living space.
4. Why is there a range for the last sold price?
The displayed sold price range is based on public data. The exact sale price from February 2018 is available upon direct request to the site, which provides verified figures without requiring a full registration.
5. What are the implications of having no garage?
The property has no garage. Buyers should consider where they will park and store seasonal items. The 3,604 sqft lot provides yard space, but may require budgeting for a shed or exploring on-street parking permits if needed.