Property Overview: 47 Belair Road, Winnipeg
Key Characteristics & Appeal
This home is a classic 1959 bungalow in the Maybank neighbourhood, offering a practical and grounded living proposition. Its primary appeal lies in its well-proportioned, established lot and its position as a solid, no-frills property in a mature area.
The 1,222 sqft living area is comfortably above average for both the immediate street and the wider Maybank area, suggesting a spacious layout for its era. The 6,598 sqft lot is a significant asset, ranking well above average city-wide, offering ample outdoor space for gardening, recreation, or future expansion. While the assessed value is modest, this typically indicates a lower property tax burden, which is a practical financial advantage.
This property would best suit a value-conscious buyer—perhaps a first-time homeowner, a downsizer, or a practical investor—who prioritizes indoor and outdoor space over modern finishes. It’s a home that offers a blank canvas, appealing to those who see potential in a property’s structure and land rather than a turn-key presentation. A thoughtful perspective is that its "average" rankings across many metrics for the street and city suggest it’s a quintessential, representative Winnipeg home without extreme outliers, making it a stable and predictable investment in its class.
Frequently Asked Questions
1. What does the "below average" assessed value on its street mean?
It means this home has the lowest assessed value among the 15 homes on Belair Road. This isn't necessarily negative; it often results in lower municipal property taxes, which is a tangible annual saving for the homeowner.
2. How recent is the sale history, and what did it sell for?
The home sold between 2022 and 2025 for an estimated CA$400k–450k. For the exact sale price and date, you can request the information directly via email from the listing service.
3. Is the house in original condition, and what might that imply?
Built in 1959, the home is of an age where major systems (roof, plumbing, electrical) may be nearing or due for updates. This should be factored into budgeting, but it also means there are likely no poorly executed recent renovations to undo.
4. How does the lot size compare to newer homes?
The lot is substantially larger than the Winnipeg city average. This is a key feature, as newer subdivisions typically offer smaller lots, making this a valuable and increasingly rare commodity.
5. What is the neighbourhood context for this property?
In the Maybank area, this home ranks above average for living area and lot size, but around average for year built and assessed value. This positions it as a spaciously built home on a good-sized lot that is very typical for the established character of the neighbourhood.