Property Overview: 19 Stoney Lake Bay, Winnipeg
Key Characteristics & Appeal
This home at 19 Stoney Lake Bay in the Meadows neighbourhood presents a compelling blend of space, value, and established community living. Built in 1992, it offers 1,550 sqft of living area, which is notably above average for its immediate street, the wider Meadows area, and the city overall. The lot size of 5,699 sqft provides a balanced outdoor space typical for the area.
The standout characteristic is its assessed value, which ranks in the top 6% on its own street and the top 18% in Meadows. This suggests the property is viewed as a higher-value asset relative to its peers, which could be due to its condition, updates, or specific location on the bay. Its appeal lies in this combination of ample, modern-enough space and strong assessed valuation, all within a mature neighbourhood. The home’s history shows steady price appreciation over recent sales.
This property would suit buyers looking for a move-in-ready home in a settled area who prioritize space and perceived value. It’s ideal for those who appreciate a home that stands out in its immediate vicinity for its size and official valuation, offering a sense of both comfort and a solid investment within a well-established Winnipeg community.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means the municipal property assessment for this home is higher than most comparable homes nearby. This often reflects factors like recent improvements, superior condition, or a premium lot location. It's a key indicator of the property's standing in the area but is separate from market sale price.
2. Is a 1992-built home considered modern or dated?
Built 34 years ago, this home is newer than the average Winnipeg house. It likely incorporates modern building standards and room layouts, but may still require updates to kitchens, bathrooms, or systems. It represents a solid middle-ground—avoiding the major concerns of much older homes while potentially needing some cosmetic modernization.
3. How does the sold price history inform an offer?
The home sold in the $400k-$450k range in 2021 and $350k-$400k in 2017. This shows clear appreciation. When making an offer, consider current market conditions, any upgrades made since 2021, and how the listing price relates to this last sale price to gauge the seller's expectation.
4. The lot size ranking is "around average." Is that a drawback?
Not necessarily. The lot is nearly 5,700 sqft, which is ample for most uses. The "average" ranking simply means it fits the norm for the area, so you're getting a standard, usable yard without a premium or penalty for extreme size.
5. Why is the exact sold price only available by email?
To ensure accuracy. Sold prices are often recorded in ranges from public data. The service provides the precise figure manually via email to verify the correct amount, avoiding potential errors from automated systems. They state the information is provided without marketing spam.