Property Overview: 74 Bender Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in the Leila-Mcphillips Triangle neighbourhood presents a practical and straightforward opportunity. Built in 1987, it is newer than most homes in Winnipeg, which can mean fewer concerns about outdated major systems compared to much older stock. With 1,094 sqft of living space, it offers above-average roominess for its immediate street and is comfortably sized for a small family or couple.
The appeal here is grounded in value and simplicity. The home features a basement (not renovated) and a detached garage, providing essential storage and workshop space. Its assessed value is notably below average for the neighbourhood, suggesting a potentially accessible entry point into the area. The lot, while smaller than most in the city and neighbourhood, translates to less yard maintenance—a bonus for those seeking a low-upkeep property.
This property would best suit first-time buyers, practical downsizers, or value-focused investors looking for a functional home without premium finishes. It’s for someone who sees potential in a solid foundation and prioritizes the utility of space and a newer build year over a large yard or turn-key condition.
Section 2: Frequently Asked Questions
1. What is the exact sold price history?
The public data shows a sale in March 2020 in the range of $29.5k to $32.5k. For precise historical sold prices, you can request the exact figures via email from the listing source.
2. How does the lot size impact this property?
At 3,603 sqft, the lot is smaller than most in the area. This limits expansive outdoor space but reduces maintenance time and costs, which can be a positive for buyers seeking a manageable property.
3. Is the basement finished?
No, the basement is noted as not renovated. This presents blank-canvas potential for future development, but any finishing would be an additional project and investment for the buyer.
4. How does this home compare to others nearby?
The home ranks well for its living area and year built on its own street. Its assessed value is lower than many neighbours, which may indicate a different condition or update level, making direct comparison with recently renovated homes on the street important.
5. What does the "above average" year built really mean?
Built in 1987, the home is newer than about 75% of all homes in Winnipeg. This relative modernity can be an advantage, potentially meaning newer wiring, plumbing, and building materials compared to the city's predominantly older housing inventory.