Property Overview: 77 Granby Bay, Meadowood, Winnipeg
Key Characteristics & Appeal
This home at 77 Granby Bay is a compact, well-established property in the Meadowood neighbourhood. Built in 1976, its 809 sqft living area and 2,600 sqft lot are notably smaller than most comparable homes on its street, in the area, and across Winnipeg. This is reflected in its assessed value of $28,300, which is below average for its immediate surroundings but sits in a more moderate position city-wide.
The primary appeal lies in its value proposition and manageability. It represents a lower entry point into homeownership, particularly for the street and neighbourhood. The home suits first-time buyers, downsizers, or investors seeking a modest, single-level dwelling (implied by its size and era) with minimal yard maintenance. A thoughtful perspective is that while the home ranks lower on size, its year-built is among the newest on Granby Bay, suggesting potentially fewer immediate concerns with aging infrastructure compared to some neighbours. Its last known sale was between $200k-$250k in 2022, indicating a market price significantly above its assessed value.
Frequently Asked Questions
1. Is this a small house?
Yes. With 809 sqft of living space, it is smaller than approximately 90% of comparable homes in Meadowood and across Winnipeg. The lot size is also compact at 2,600 sqft.
2. Why is the assessed value so much lower than the last sold price?
Municipal assessed value for taxation purposes is not the same as market value. The 2022 sale price ($200k-$250k) is determined by the market, while the assessment ($28,300) is an estimate of value for tax calculations, often based on older data and different models.
3. What does the "Top 13%" ranking for Year Built mean?
This means the home is newer than about 87% of the 39 comparable properties on Granby Bay. Built in 1976, it is one of the more recently built homes on the street.
4. Who would this property suit best?
It is best suited for buyers with a limited budget seeking a foothold in the neighbourhood, or for those who prioritize easy maintenance and a compact layout over space, such as singles, couples, or downsizers.
5. How can I find out the exact past sale price?
The provided sale price is a public data range. The listing service offers to provide the exact sale price manually via email upon request, at no cost and without marketing spam.