Property Overview: 94 Gretna Bay, Winnipeg
Key Characteristics & Appeal
This 988 sqft bungalow, built in 1974, presents a solid, value-oriented opportunity in the Meadowood neighbourhood. Its primary appeal lies in its strong positional value within its immediate context. While the living space is modest compared to the citywide average, the property stands out on its own street and within Meadowood for its above-average assessed value and larger-than-typical lot size of 5,630 sqft. This suggests a well-regarded property on a desirable street, potentially with upgrades or a premium location within the area.
The home would suit practical, value-conscious buyers—perhaps first-time homeowners or downsizers—who prioritize a established community and land size over sheer interior square footage. It’s a property that appears to be a stronger performer in its local market than in the broader city, making it ideal for someone focused on neighbourhood-specific equity and the potential of the lot itself.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 988 sqft, the living area is very close to the average for Gretna Bay (1,006 sqft) and slightly below the average for the wider Meadowood area. It offers a comfortable footprint for the neighbourhood, typical of many homes from its era.
2. The assessed value seems high for the home’s size. Why is that?
The assessed value of $40,600 ranks in the top 17% on its street and top 23% in Meadowood. This premium likely reflects factors like the property's condition, specific upgrades, or its particular location on the block, indicating it is considered a higher-value home within its local market.
3. What does the lot size offer?
The 5,630 sqft lot is above average for both the street and Meadowood. This provides more outdoor space than many comparable properties, offering room for gardening, recreation, or future expansion, which is a key asset.
4. When was it last sold, and for how much?
The home was sold in 2022, with a public price range of $400,000-$450,000. This sale price ranked well above average for both the street and the Meadowood area at that time, confirming its strong market position.
5. How can I find out the exact historical sale price?
The exact sold price is not published in public records. You can request it directly via the email prompt on this listing page. The service provides the accurate figure manually, typically by the end of the same day, without using your email for marketing.