Property Overview: 18 Bill Blaikie Bay, Winnipeg
Key Characteristics & Appeal
This home at 18 Bill Blaikie Bay in The Meadows neighbourhood presents a compelling blend of space, modernity, and value. Its nearly 2,000 sqft of living area places it well above average for the city and ranks within the top tier for its immediate area, offering substantial interior room. Built in 2010, it is a notably newer property compared to the Winnipeg average, which often translates to modern building standards and less immediate need for major updates.
The appeal lies in its strong positional metrics. While the lot size is standard for the area, the home itself stands out for its size and age within a well-established community. The assessed value is consistently ranked in the elite tier for The Meadows, suggesting the property is a high-calibre offering within a desirable locale. It suits buyers looking for a move-in ready, spacious family home in a mature neighbourhood without the quirks or renovation demands of an older property. It would also resonate with value-conscious buyers who appreciate metrics, as the data clearly shows a home that outperforms most peers in its category.
Frequently Asked Questions
1. How does the sold price history inform the current value?
The home sold between $400k-$450k in 2016. While not a direct indicator of today’s market price, this history provides a benchmark for its appreciation trajectory and should be considered alongside current assessments and market conditions.
2. What does the "Elite" or "Top X%" ranking actually mean?
These rankings compare this specific property against similar homes in three circles: its immediate street, the broader Meadows neighbourhood, and city-wide. For example, ranking in the "Top 4%" for living area in The Meadows means 96% of comparable homes in the neighbourhood are smaller. It’s a data-driven way to confirm the home’s standout features.
3. Is the assessed value the same as the market value?
No. The assessed value (listed as $55.30k) is for municipal tax purposes. The market value, or what a buyer would pay, is significantly higher, as hinted at by the historical sold price range. Always rely on a current market evaluation for buying or selling.
4. The home is newer (2010), but what might that mean for maintenance?
While major systems like roofing, HVAC, or windows are likely in good condition, they are now 10-15 years old. A pre-purchase inspection remains crucial to anticipate the upcoming maintenance cycle for these components, even in a relatively modern home.
5. How can I genuinely compare this property to others on the street?
The listing suggests using the neighbourhood analysis map tool. This allows you to visually compare this home’s year built, living area, and lot size directly with its immediate neighbours, providing clear context for its size and age on the block.