Property Overview
77 Farwell Bay is a well-established home in Winnipeg's Maybank neighbourhood, offering above-average space and value within its immediate area. Built in 1957, the 1,205 sqft home sits on a 6,050 sqft lot. Its primary appeal lies in its strong positional metrics: it consistently ranks above average for both living area and assessed value when compared directly to its neighbours on Farwell Bay and within the broader Maybank community. This suggests a property that offers more substance than many in its local market. It would suit a practical buyer looking for a solid, spacious home in a mature neighbourhood, who values a lot with room and appreciates a home that stands out favourably in its immediate context without being the newest on the block.
Frequently Asked Questions
How does this home actually compare to others nearby?
The data shows it ranks in the top 19% for living area and top 12% for assessed value on its own street, meaning it is larger and has a higher assessed value than the majority of its direct neighbours. In the wider Maybank area, it remains in the top 15% for size.
What does the assessed value tell me?
The assessed value of $40,400 is above the local averages for both the street and the Maybank neighbourhood. This can indicate a relatively stronger valuation from a municipal perspective, but it is not a direct indicator of market selling price.
Is the lot size a benefit?
At 6,050 sqft, the lot is above average for the city and the Maybank area. This offers more outdoor space than many properties and is a less obvious advantage in a mature neighbourhood where lot sizes can vary significantly.
The home was built in 1957. What should I consider?
While the age is typical for the area, a home of this vintage may have undergone updates. The key consideration is the condition of major aging components like the roof, windows, plumbing, and electrical systems, which may need evaluation or modernization.
Why is there no public sold price history?
Sold price data is not always publicly available for all properties in Manitoba. You can request the exact historical sale information directly via the provided email service, which manually retrieves and shares that data.