Property Overview: 6 Pembridge Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 6 Pembridge Bay in Meadowood is a compact, single-story property built in 1972. Its key characteristic is its modest scale: with 720 sqft of living space, it is notably smaller than most homes on its street, in Meadowood, and across Winnipeg. The lot size of 5,299 sqft is fairly typical for the local area. The assessed value is relatively low compared to immediate neighbors but aligns more closely with the city-wide average for similar properties.
The primary appeal lies in its efficiency and affordability. It represents a lower barrier to entry into a stable, established neighborhood, potentially offering a manageable footprint for those looking to downsize or enter the housing market. The lot provides a good outdoor space relative to the home's size. It would best suit first-time buyers seeking a starter home, investors looking for a rental property, or empty-nesters wanting a low-maintenance living space without leaving the community. A less obvious perspective is that its smaller size and lower assessment could translate to proportionally lower property taxes and utility costs, which is a significant long-term consideration.
Section 2: Frequently Asked Questions
1. How does the smaller living area impact value?
While the home is compact at 720 sqft, placing it in the bottom 7% for size in Meadowood, this is reflected in its below-average assessed value for the street. This creates an opportunity for buyers who prioritize lot location over interior square footage.
2. What does the assessed value tell me about this property?
At $34,200, the assessment is low for Pembridge Bay itself but is around the city-wide average. This suggests the property is valued more in line with its functional size and age rather than its specific street address, which may indicate room for value growth through updates.
3. Is the 1972 build date a concern?
The home is 54 years old, which is typical for Meadowood. Buyers should budget for potential updates to major aging components like the roof, windows, or heating system, common for homes of this era.
4. How can I find out what it last sold for?
The listing indicates a sale occurred between 2019-2025 for an estimated $250k-$300k. For the exact sale price and history, you must request the information directly via the provided email link, as the site manually verifies this data.
5. How does the lot size compare?
At just over 5,200 sqft, the lot is slightly smaller than others on Pembridge Bay but is very close to the average for the broader Meadowood area. This means the outdoor space is consistent with the neighborhood norm.