Property Overview: 47 Granby Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 47 Granby Bay in Meadowood presents a solid, value-oriented opportunity. Built in 1975, it sits on a 5,200 sqft lot, which is notably larger than most on its street, offering above-average outdoor space for the immediate area. With 1,077 sqft of living area, the interior space is also more generous than many neighbouring homes. The assessed value is consistent with the local area, and a recent sale in the $400k-$450k range suggests strong market activity.
The primary appeal lies in its positional value within its micro-neighbourhood. You get a home that stands out on its street for both lot size and living space, while being priced in line with the community. This isn't a flashy, fully renovated showcase, but a practical property with grounded metrics. It would suit a first-time buyer looking for a home with room to grow on a desirable lot, or a value-conscious buyer who recognizes the advantage of owning one of the larger properties on the block—a subtle form of future-proofing in a stable area.
Section 2: Frequently Asked Questions
1. How does the lot size compare practically?
At 5,200 sqft, the lot is in the top 15% on Granby Bay. This means more yard space, greater distance from neighbours, and more potential for additions, gardens, or outdoor living areas than most homes directly around it.
2. What does the recent sale price indicate?
The home sold in the $400k-$450k range in 2024. This recent activity, placing it in the top 10% of sales for the area, indicates strong buyer demand and provides a clear, modern benchmark for its market value, well above its assessed value for tax purposes.
3. Is the living space adequate for a family?
At 1,077 sqft, the living area is above average for the street but around the median for the wider Meadowood area. It suggests a comfortable size for a small family or couple, typical of many well-built homes from the 1970s.
4. How do I find out the exact historical sold price?
The exact sold prices are not published publicly. You can request the precise history via email from the listing service; they provide this detail manually without using your email for marketing.
5. What are the implications of the 1975 build date?
The home is of average age for the neighbourhood. This typically means established infrastructure and mature landscaping, but buyers should budget for potential updates to major systems like roofing, windows, or HVAC that are common for homes of this era.