Property Overview: 41 Nihal Bay, Mandalay West
Key Characteristics, Appeal & Ideal Buyer
This home at 41 Nihal Bay is a modern, well-sized property in Winnipeg's Mandalay West neighbourhood. Built in 2019, it offers 1,637 sqft of living space. The appeal lies in its combination of a contemporary build, above-average size, and a strong position within its immediate area. The data shows it ranks in the top tier for its street and neighbourhood in terms of living area, assessed value, and year built. Specifically, it stands in the top 2% of Mandalay West for size and the top 1% for assessed value, indicating a premium property within a desirable community.
Its suitability extends to a few buyer profiles. It's an obvious fit for those seeking a modern, low-maintenance home without the need for immediate updates. More thoughtfully, it would suit a value-conscious buyer who appreciates statistical reassurance—the numbers confirm it outperforms most peers locally and city-wide. It's also ideal for someone prioritizing a strong foothold in an established neighbourhood, as it represents one of the newer and more substantial homes on the block, potentially offering a long-term advantage in a maturing area.
Frequently Asked Questions
1. How current and reliable is the assessed value?
The assessed value of $42,700 is a government valuation for tax purposes. It ranks in the top 1% within Mandalay West, indicating it's considered a high-value home for the area, but market value can differ based on current conditions.
2. What does the sold price history tell us?
The home sold in 2019 for an estimated $350k–$400k. This provides a baseline, but the market has likely changed since then. The exact sold price is available upon request from the listing service.
3. Is the house large for the area?
Yes. With 1,637 sqft, it is above average for its street and ranks in the elite top 2% for size within the broader Mandalay West neighbourhood, making it a spacious option in this community.
4. What are the benefits of a 2019 build?
A home built in 2019 typically means modern building codes, newer major systems (like HVAC and plumbing), and contemporary floor plans. It also suggests minimal immediate repair costs compared to older Winnipeg housing stock.
5. How can I genuinely compare this property to others?
The listing provides a direct neighbourhood analysis tool. This allows you to see this home on a map alongside nearby properties to visually compare key metrics like year built, size, and assessed value, giving context beyond basic descriptions.