Property Overview: 257 Marshall Bay, Winnipeg
Key Characteristics & Appeal
This home at 257 Marshall Bay in the Maybank neighbourhood is a practical, mid-century property built in 1960. Its key appeal lies in its efficient scale and relative value within its immediate area. With 1,024 sqft of living space, it is notably smaller than the average home on Marshall Bay itself, positioning it as a more manageable option. The lot size of 6,192 sqft is comfortably above the city-wide average, offering good outdoor space for its footprint. A standout characteristic is its assessed value, which is significantly below the street average, suggesting a potentially lower property tax burden and an entry point into the area.
The property would suit first-time buyers or downsizers seeking a home in a mature neighbourhood without the premium price tag of larger houses on the same street. Its above-average land area for the city also offers latent potential for buyers with a long-term view, who might value the possibility of expansion or landscaping more than immediate square footage.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
Its assessed value is in the top 90% on its own street, meaning it is lower than about 90% of comparable homes on Marshall Bay. This indicates it is one of the more affordable properties on the block, though its size is also correspondingly smaller.
2. Is the home newer or older than others nearby?
Built in 1960, it is actually newer than many homes on its street and in the Maybank area, ranking in the top 20% locally. This is a less obvious advantage, suggesting potentially updated infrastructure compared to immediate peers.
3. What can the sold price history tell me?
Public records show it last sold between CA$250k–300k in 2019. For the exact sale price, you can request details via email from the listing service, which they provide manually.
4. How does the lot size compare?
The lot is above average for Winnipeg overall but closer to the average for Marshall Bay. This means you get a decent-sized yard relative to most city homes, aligning with the street’s character.
5. Where can I see more detailed context for this property?
A neighbourhood analysis page is available, showing the home on a map alongside nearby houses with comparisons for year built, living area, assessed value, and lot size.