Property Overview
52 Mulligan Bay is a well-established family home in the desirable Linden Woods neighbourhood. Built in 1994, it sits on a generous 8,100+ sqft lot and offers over 2,260 sqft of living space. With an assessed value of $660,000, it represents a substantial property within the city, ranking in the top tiers for size and value both locally and across Winnipeg.
Key Characteristics & Appeal
The primary appeal of this home lies in its balanced and above-average positioning across key metrics. It’s not the largest or newest on its street, but it consistently performs well against broader benchmarks. The lot size is a significant asset, placing in the top 12% on Mulligan Bay, which offers ample outdoor space and potential. The living area is comfortably above the citywide average, catering to growing families.
Its value is contextual: while its assessment is around average for Linden Woods, it ranks in the elite top 5% citywide, highlighting the premium nature of the area. The 1994 build year is among the newest on its street, suggesting potentially fewer major age-related concerns than older neighbours.
This property would best suit buyers looking for a established, spacious home in a prime neighbourhood without venturing into the ultra-high-end market. It’s ideal for families seeking room to grow, both indoors and out, who value the community and amenities of Linden Woods. It also appeals to the value-conscious buyer who understands that its citywide ranking indicates a solid long-term investment in a sought-after part of Winnipeg.
Frequently Asked Questions
1. How does the assessed value compare to the last sale price?
The home sold for an estimated $700k-$750k in 2021. The current assessed value of $660k is below that sale range, which may reflect market adjustments or the city’s assessment methodology rather than current market value.
2. Is the house older than others in the area?
Quite the opposite. Built in 1994, it is one of the newer homes on Mulligan Bay, ranking in the top 3% for year built on its own street. It is on par with the average build year for the wider Linden Woods area.
3. What does the lot size mean for me?
At over 8,100 sqft, the lot is substantially larger than the average for both the street and the city. This allows for greater privacy, larger gardens, and more potential for outdoor living or expansion than many comparable properties.
4. Are there similar homes available nearby?
The listing shows several nearby properties on the same street and in Linden Woods with similar living areas. For homes with a closely matching assessed value, you may need to look at other established neighbourhoods like Ridgedale, Southboine, or Fort Richmond.
5. How can I find out the exact historical sale prices?
The provider states that exact sold prices are not publicly displayed online due to data sourcing. You must email their team to request the precise sale history, which they provide manually without using your email for marketing.