Property Overview
This home at 23 Culross Bay in Winnipeg's Meadows neighbourhood presents a solid, above-average offering within its immediate area. Built in 1978, it stands out on its street for its generous proportions, featuring 1,384 sqft of living space and a 5,499 sqft lot, both ranking in the top 26% of homes on Culross Bay. Its assessed value of $390,000 also sits above the local street average. While the home is older than most in the broader Meadows area, its space and lot size provide a tangible advantage over nearby comparables. The appeal here is in acquiring more house and land for your dollar within a specific locale, rather than purchasing a newer home that might be smaller or on a more modest lot.
This property would suit a practical buyer who values interior and exterior space and is comfortable with a home from the late 70s, likely anticipating some updates over time. It’s ideal for someone looking to establish roots in a settled street where the home itself offers room to grow or customize, compared to its neighbours. A less obvious perspective is that its "older than average" status in Meadows could represent a relative value opportunity for a buyer less concerned with modern build years and more focused on square footage and lot potential.
Frequently Asked Questions
How does this home’s size compare to others nearby?
The living area is 1,384 sqft, which is notably larger than the average home on Culross Bay (approx. 1,205 sqft) and slightly above the average for the wider Meadows neighbourhood.
What is the property’s assessed value and tax implication?
The assessed value is $390,000. This is above the average for the street but around the middle range when compared to the entire city. Property taxes would be calculated based on this assessment and the city's mill rate.
Is the home older than others in the area?
Yes. Built in 1978, it is older than approximately 90% of homes in the Meadows neighbourhood, where the average build year is around 1990. This is an important consideration for maintenance and potential renovation plans.
How can I find out the exact price it last sold for?
The listing indicates a sale occurred between 2020-2025 for an estimated $300k-$350k. For the precise sale price, you must request the information via the email service provided on the listing page.
What does the lot size offer?
The lot is 5,499 sqft, which is larger than most on the same street and provides ample outdoor space relative to many properties in the Meadows area.