Property Overview
This home at 52 Boundary Bay in Winnipeg’s Mandalay West neighbourhood presents a compelling mix of space, value, and established community living. Built in 1993, it offers a well-proportioned 1,809 sqft of living area, which ranks well above average for its immediate street, neighbourhood, and the wider city. Its standout feature is its assessed value, which sits in the top tier for the area, suggesting a strong valuation relative to its peers. The lot size of 5,105 sqft is more modest compared to the neighbourhood average, but this often translates to less yard maintenance. The property last sold in the 2021-2022 period.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient use of space and its position as a high-value home within its context. It offers generous, above-average living space on a manageable lot, ideal for those who prefer more home to maintain rather than more land. The home’s assessed value ranking in the elite tier for Boundary Bay indicates it is considered a premium property on its street, which can be attractive for equity and investment.
It would suit buyers looking for a move-in ready, established home in a mature neighbourhood without the upkeep of a massive yard. It’s particularly well-suited for professionals, small families, or downsizers who prioritize interior space and a strong perceived market value over extensive outdoor space. A thoughtful perspective is that the smaller lot, while not a standout feature, reduces maintenance burdens and can be a hidden perk for busy households, allowing them to enjoy the community and home comforts without weekend yard work.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means that among directly comparable homes on Boundary Bay, this property’s official assessed value is in the top 4% (ranked 1st out of 27). This suggests the municipality views it as one of the most valuable properties on the street, which can be a positive indicator for its market position and construction quality.
2. Is the lot size a disadvantage?
It depends on your priorities. At 5,105 sqft, the lot is below the average for Boundary Bay but is closer to the city-wide average. It means a smaller backyard, which could be a drawback for those wanting extensive outdoor space, but it also means less time and money spent on landscaping and lawn care.
3. When was it last sold, and for how much?
The home was sold between 2021 and 2022. The exact sale price is not publicly listed, but the data indicates a sale price range of CA$600,000–650,000 at that time. The current owner can request the exact figure from the site administrators.
4. How does the living area compare to nearby homes?
Very favourably. With 1,809 sqft, the living space is larger than most comparable homes on its street (top 19%), in Mandalay West (top 11%), and across Winnipeg (top 17%). This indicates a spacious interior relative to the local market.
5. What is the neighbourhood analysis page?
It’s a tool that places this property on a map alongside nearby houses, allowing you to visually compare key metrics like year built, living area, and lot size. This helps provide context on how this home fits into the immediate area beyond just the numbers.