Property Overview
This home at 6 Blostein Bay in Winnipeg's Meadows neighbourhood is a practical, established property built in 1985. With 1,040 square feet of living space on a 4,599 sqft lot, it presents a more compact and manageable footprint compared to many homes on its own street and in the immediate area. Its assessed value is notably below the street average, which can signal an entry point into the neighbourhood. The home last sold between $250k-$300k in 2019. Its appeal lies in its position as a relatively affordable, low-maintenance option in a mature community. It would suit first-time buyers, downsizers, or investors looking for a straightforward property without the premium for above-average size or recent renovations. A thoughtful perspective is that a smaller, efficiently designed home on a modest lot can mean lower utility costs, less upkeep, and a quicker path to equity if the below-average assessment allows for value-adding improvements.
Frequently Asked Questions
1. Is this a small home?
Yes, at 1,040 sqft, the living area is below the average for Blostein Bay and is a compact, single-story layout. This makes it efficient to heat and maintain but may require creative use of space for growing families.
2. Why is the assessed value lower than the street average?
The assessed value of $35,700 is in the lower tier (top 84%) for Blostein Bay, where the average is $39,700. This typically reflects the home's smaller size and lot dimensions relative to its neighbours, and possibly its original condition. It's a key factor in its affordability.
3. What does the sold price history tell me?
The home sold between $250,000 and $300,000 in 2019. For the exact sale price, you must request it via email from the listing service, as they provide that detail manually to ensure accuracy.
4. How does the lot size compare?
The 4,599 sqft lot is below the street average of 5,580 sqft. This means a smaller yard to maintain, which some buyers prefer, but offers less private outdoor space than some neighbouring properties.
5. What are the comparable nearby properties?
The listing suggests nearby homes like 1841 Plessis Road (smaller, similar value) and 27 Windsong Place (larger, higher value) for comparison. Using the provided "Open neighbourhood map analysis" link is the best way to visually compare this home's specs with its immediate surroundings.