Property Overview: 64 Boundary Bay, Winnipeg
Key Characteristics & Appeal
This home at 64 Boundary Bay in the Mandalay West neighbourhood is a well-situated, early-1990s property offering solid value within its community. With 1,320 sqft of living space and a 5,438 sqft lot, its size is consistently average or slightly below average when compared directly to its immediate street, the wider Mandalay West area, and the city overall. This positions it as a manageable, low-maintenance property rather than a large estate.
The primary appeal lies in its established location and relative value. The home was built in 1992, making it newer than the typical Winnipeg house and likely requiring less immediate major upkeep than much older stock. Its assessed value of $44.80k (note: this is the assessed value for tax purposes, not market value) places it above average citywide, suggesting the property holds stable, recognized worth. It suits first-time buyers or downsizers looking for a grounded, no-surprises home in a mature neighbourhood. It’s also a practical choice for value-focused buyers who prioritize a newer build year and a standard lot size over having the largest house on the block.
Frequently Asked Questions
1. Is the $44.80k price the selling price?
No. The $44.80k figure is the property’s assessed value for municipal tax calculation, not its market listing or sale price. Market value is determined by current real estate conditions.
2. How does this home compare to others on the street?
The data shows it’s a mid-range property for Boundary Bay. It ranks 20th out of 27 homes for living area and assessed value, meaning it’s in the larger and more valuable half of homes on the street, but not at the top. Its lot size and age are very close to the street’s average.
3. What does “above average citywide” for assessed value mean?
While the home is average in its immediate area, its assessed value ranks in the top 29% compared to all Winnipeg properties. This indicates that, from a tax assessment perspective, it holds proportionally higher value across the entire city, often a sign of a stable or desirable location.
4. Why is there no public sold price history?
Sold price data is not always publicly available for all properties in Manitoba. The listing service offers to provide the exact sold price history manually via email to ensure accuracy and privacy for past transactions.
5. What are the advantages of a 1992 build year?
Homes built in the early 1990s often benefit from modern construction standards (like updated electrical and insulation) compared to much older Winnipeg homes, while typically avoiding some of the complex issues sometimes found in very new, rapidly built properties. It represents a balance between modern convenience and proven durability.