Property Overview & Key Characteristics
14 Mulligan Bay is a well-established family home in the desirable Linden Woods neighbourhood. Built in 1992, its key metrics consistently show it to be a solid, above-average property when viewed on a city-wide scale, while being very typical for its own sought-after street and area. With just over 2,000 square feet of living space on a 6,300 sqft lot, it offers the room and layout common to homes of its era in this community.
The appeal lies in its proven stability and neighbourhood context. It’s not an outlier in size or value on its street, which can be a positive for buyers seeking a home that fits comfortably within a mature, consistent area. The data suggests you are buying into a known quantity. While its city-wide rankings for size and value are notably strong (top 10% and 7%, respectively), its true character is that of a classic Linden Woods home. It last sold in the 2021 market, providing a relevant, modern price benchmark.
This property would best suit buyers looking for a move-in ready family home in a premium neighbourhood without the premium of a brand-new or extensively renovated property. It’s ideal for those who value community, space, and established landscaping over a project or a cutting-edge design. A thoughtful perspective is that its "average" standing on Mulligan Bay itself is a mark of a stable, high-calibre enclave, not mediocrity.
Frequently Asked Questions
1. How does this home compare to others in Linden Woods?
The home is very typical for the area. Its living area, assessed value, and lot size all rank near the middle of the pack for Linden Woods, meaning it accurately represents what you can expect from a 1990s-built home in this neighbourhood.
2. The city-wide rankings are very high. Does that mean it's a standout property?
Not exactly. The high city-wide rankings (e.g., top 10% for living area) say more about the above-average nature of the entire Linden Woods area compared to the rest of Winnipeg. They confirm you are buying into a premium neighbourhood, not that this specific home is unusually large or valuable within that neighbourhood.
3. What can the 2021 sale price range tell me?
The public sale price range (CA$550k–600k) provides a crucial anchor point from a strong market period. It helps establish a realistic historical value, though the current market conditions and any updates to the home since then must be considered for today’s price.
4. Is the assessed value a good indicator of the market price?
No, the assessed value (61.80k) is for municipal tax purposes only and is intentionally much lower than market value. Do not use it to gauge the sale price. The 2021 sale price is a far more relevant figure.
5. The home is 34 years old. What should I consider?
A 1992-built home is past its original warranty period. While the neighbourhood ranking suggests it's newer than many city-wide, a pre-purchase inspection is essential to evaluate the condition of major systems like roofing, windows, plumbing, and HVAC, which may be nearing the end of their service life.