Property Overview: 86 Woodford Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This 960 sqft bungalow, built in 1973, sits on a notably generous 7,081 sqft lot in Meadowood. Its core appeal lies in a unique combination of a very large, private yard—a standout feature both on its street and in the wider area—paired with a home of efficient, manageable size. The data reveals thoughtful perspectives: while the living space is modest compared to the city average, it is perfectly aligned with other homes on Woodford Bay, suggesting a neighbourhood character of cozy, well-kept properties. Notably, it is the newest home on its street, which may imply fewer age-related issues than immediate neighbours.
The property suits practical buyers looking for outdoor space and potential. It’s ideal for first-time homeowners who value a large garden over square footage, or for downsizers seeking single-level living with room for gardening or family gatherings. The assessed value is positioned below average for the street, which could represent a value opportunity for a buyer willing to update the interior. This is a home for someone who prioritizes land and location, viewing the structure itself as a solid canvas.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
At 960 sqft, the living area is very close to the street average (949 sqft) and typical for Meadowood. It offers a comfortable, efficient layout rather than expansive square footage, with the trade-off being a much larger-than-average lot.
2. What does the “Elite” ranking for year built mean?
This indicates 86 Woodford Bay is the newest home on its street (ranked 1 of 34). Being built in 1973, it is newer than most immediate neighbours, which can be advantageous for systems, layout, and potentially needing fewer major updates.
3. Is the assessed value a good indicator of the market price?
The assessed value is a municipal figure for tax purposes. Notably, it’s below the street average, but the home last sold for an estimated $250k-$300k in 2021. Market price is driven by current conditions, and the large lot is a significant value factor not fully captured in the assessment.
4. What are the advantages of such a large lot?
The 7,081 sqft lot is over 20% larger than the street average. This allows for exceptional privacy, space for additions like a garage or workshop, extensive gardening, or recreational space—a rare find in the city.
5. How can I get the exact historical sale price?
The precise sale price is not publicly listed. You can request it by email via the button on this page. The service is manual, with a same-day response, and your email is not used for marketing.