Property Overview: 47 Gretna Bay, Winnipeg
Key Characteristics & Appeal
This 1,110 sqft bungalow in Meadowood, built in 1976, presents a practical and competitively positioned home. Its primary appeal lies in offering above-average interior space for its immediate street and neighbourhood, providing more room than many comparable homes nearby. The assessed value of $390,000 is consistently average for the area, suggesting a stable, market-aligned investment without premium pricing.
A standout, less obvious feature is the home's age relative to its street: it is the newest house on Gretna Bay, ranking in the top 3%. This could imply updated infrastructure or components compared to direct neighbours. The trade-off is a land size that is smaller than most on the street, which may mean lower maintenance but less private outdoor space.
This property would suit first-time buyers or downsizers looking for a move-in-ready bungalow in a established neighbourhood. It’s also a sensible fit for value-focused buyers who prioritize living space over lot size and appreciate a home that holds its own in the local market without standing out on price.
Frequently Asked Questions
1. How does the living space truly compare to other homes?
While the home's square footage is around the city average, it ranks in the top 14% on its own street. This means it likely offers more interior room than most direct neighbours, a key advantage in this specific location.
2. The land size is noted as "below average." How significant is this?
The lot is smaller than most on Gretna Bay and in Meadowood. For buyers, this typically translates to less yard maintenance but may limit potential for large additions or extensive landscaping. It's a practical lot for those prioritizing the home itself over outdoor space.
3. What does it mean that this is the "newest" house on the street?
Built in 1976, it is the most recently constructed home among the 36 properties on Gretna Bay. This doesn't guarantee updates, but it can suggest younger major systems (like plumbing or electrical) compared to older neighbouring homes, which were built around 1974 on average for the street.
4. Is the assessed value a good indicator of the likely selling price?
The assessed value ($390k) is firmly in the average range for the street, neighbourhood, and city. It serves as a stable baseline for municipal taxation, but market conditions, the home's condition, and specific features will ultimately determine the sale price.
5. Can I find out the exact historical sale prices?
The provided sale price history is a range based on public data. To obtain the precise sold price, you can request it via email from the listing service. They provide this detail manually and state they do not use email addresses for unsolicited marketing.