Property Overview: 3 Rampart Bay, Maybank, Winnipeg
Key Characteristics & Appeal
This home at 3 Rampart Bay is a study in contrasts, offering a unique position within its established Maybank neighbourhood. Built in 1954, it is notably one of the oldest homes on its street, which can appeal to those who appreciate original mid-century character and a well-settled community feel. With a living area of 888 sq ft, it is a compact bungalow, smaller than most homes on the street and in the wider city. This makes it a potentially efficient and manageable space, suited for a first-time buyer, downsizer, or an investor looking for a straightforward rental property.
Its primary appeal lies in its value proposition. The home’s assessed value ($230k) is significantly below average for the street, neighbourhood, and city, suggesting a more accessible entry point into the area. Recent sales data indicates it last sold within the $200k-$250k range. It sits on a modest 1,876 sq ft lot, which means lower maintenance but less private outdoor space. This profile suits a practical buyer who prioritizes location and affordability over size, and who sees potential in a home that may benefit from updates over time.
Frequently Asked Questions
1. Is this a good value for the neighbourhood?
Based on the data, the assessed and recent sale prices for this home are consistently below averages for Rampart Bay, Maybank, and Winnipeg. This suggests it is priced accessibly for the area, which could represent a value opportunity for getting into the neighbourhood.
2. What should I know about the size and layout?
At 888 sq ft, this is a compact bungalow. It is smaller than over half the homes on its own street and significantly smaller than the Winnipeg average. Buyers should be comfortable with efficient living spaces and may want to verify the room count and layout during a viewing.
3. The home was built in 1954. What does that mean for maintenance?
As one of the oldest homes on the street, it’s crucial to have systems like the roof, foundation, plumbing, and electrical inspected. While this age can bring charm, it also means maintenance and potential updates should be a key part of your budgeting considerations.
4. How does the lot size impact the property?
The lot is under 1,900 sq ft, which is smaller than most in the city. This means lower yard maintenance but also limited space for expansions, additions, or extensive private landscaping. It’s a trade-off that suits those seeking a low-maintenance outdoor area.
5. Where can I get more specific historical data, like exact past sale prices?
The listing service notes that exact sold prices are provided manually upon request via email. You can submit your email through the page to receive the precise sale history directly.