99 Pembridge Bay

Property Overview

This 960 sqft bungalow at 99 Pembridge Bay in Winnipeg's Meadowood neighbourhood presents a straightforward, grounded opportunity. Built in 1972, it sits on a notably generous 5,699 sqft lot for its area. The home's assessed value and living space are consistently around the average for its immediate street and neighbourhood, suggesting a property that is well-aligned with its local market. Its appeal lies in this stability and the potential of its larger-than-average lot within Meadowood. It would suit a first-time buyer looking for an entry point into a settled community, a downsizer seeking a manageable single-level home, or an investor attracted by a value-consistent asset. A thoughtful perspective is that while the house itself is average in size for the area, the land parcel offers a relative scarcity—extra outdoor space or future expansion potential that isn't always available in homes at this price point.

Frequently Asked Questions

1. How does this home compare to others on the street?
The home is very typical for Pembridge Bay. Its living area, assessed value, and year built are all around the 50th percentile compared to its 46 neighbours. Its most standout feature on the street is its land area, which is above average.

2. Is the assessed value the same as the market value or sale price?
No. The assessed value ($36,800) is for municipal tax purposes. The last recorded sale was between $250,000-$300,000 in 2016. Market value is determined by current conditions and a professional appraisal.

3. What does the "below average" city-wide ranking for living area mean?
It means that at 960 sqft, this home is smaller than the majority of comparable homes across the entire city of Winnipeg. This is common for many older neighbourhood bungalows and reflects its efficient, manageable size rather than an issue.

4. Can I get the exact historical sale price?
The site provides sold price ranges based on public data. To receive the exact sale price, you must request it via email. They manually provide the figure, typically by the end of the same day.

5. The home is 54 years old. What should I consider?
As a home built in 1972, a pre-purchase inspection is essential. Focus on the condition of major aging components like the roof, foundation, windows, and mechanical systems (heating, electrical, plumbing). Its vintage also means renovation potential, but updates should be planned with budget and permits in mind.