Property Overview
This home at 62 Bill Blaikie Bay presents a compelling mix of modern comfort and practical value within Winnipeg’s Meadows neighbourhood. Built in 2010, it is notably newer than most homes in the city, offering the benefits of contemporary construction standards and likely fewer major maintenance concerns in the near term. With 1,799 square feet of living space, it provides ample room for a family, ranking well above the average size for both the broader area and the city. While the lot size is slightly more compact compared to others on its street, it remains on par with typical lots in the Meadows area, suggesting a manageable yard with less upkeep.
The appeal here lies in its balance. You get a relatively new, spacious home in a stable neighbourhood without an extreme premium. Its assessed value sits in the middle of the pack on its own street but is above average for the wider neighbourhood, indicating solid value within a desirable pocket. This property would suit buyers looking for a move-in-ready family home who prioritize interior space and modern build quality over a very large yard. It’s also a sensible choice for those wary of the hidden costs and renovation projects often associated with older housing stock.
Frequently Asked Questions
How does the lot size impact the property?
At 4,724 sqft, the lot is smaller than many on Bill Blaikie Bay but is typical for the Meadows neighbourhood. This means outdoor maintenance is likely more manageable, but space for expansions like large decks or additions may be more limited compared to neighbours with larger plots.
What does the "Elite" ranking for Year Built mean?
This means the home, built in 2010, is newer than 99% of the comparable properties on its street. In practical terms, it suggests major components like the roof, windows, and mechanical systems have more life left before needing replacement, and the home likely meets more recent building codes.
Why is the assessed value higher in the area than on its street?
The home’s assessed value is above average for the larger Meadows area but average on its specific street. This often indicates that Bill Blaikie Bay is a desirable street with consistently higher-value homes, so this property fits right in rather than standing out.
What can the 2016 sale price range tell me?
The previous sale in the $400k-$450k range provides a historical benchmark. When compared to the current assessed value, it offers insight into market trends and potential equity growth, though a professional appraisal is needed for a current market value.
How reliable are the size and value rankings?
The rankings are a strong comparative tool. They show this home offers more interior space than 86% of Winnipeg homes, which is a significant advantage. However, they don’t speak to layout, finishes, or condition, which are crucial to assess in person.