Property Overview & Key Characteristics
This home at 78 Long Point Bay in Winnipeg's Meadows neighbourhood presents a compelling case based on its space and established setting. Built in 1986, the property stands out primarily for its generous proportions. With 1,705 square feet of living area, it ranks in the top 7% of homes on its own street and offers significantly more space than the average home in both the immediate area and the wider city. This is complemented by a large 6,756 sqft lot, which is consistently above average across all comparison levels, providing ample outdoor space.
The appeal lies in this combination of a spacious interior on a sizable lot within a mature, settled neighbourhood. The home’s assessed value is around average for the broader area, which, when paired with its above-average physical attributes, suggests a property that offers good value for its space. It would particularly suit buyers who prioritize room over a brand-new build—growing families, those who enjoy gardening or outdoor living, or anyone seeking a home where square footage and lot size aren’t typical compromises. A thoughtful perspective is that a home of this age and size may offer more straightforward renovation or modernization opportunities compared to newer, more densely built properties, allowing buyers to add personal value.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
It is notably larger than most. The living area is in the top 7% on its street and top 19% in the Meadows area, offering several hundred square feet more than local averages.
2. What is the neighbourhood like?
Meadows is an established neighbourhood with homes primarily from the 1980s and 1990s. The property rankings indicate a street and area with a consistent, mature character rather than one undergoing rapid redevelopment.
3. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value for municipal taxes is approximately $41,800, but the last known sale was in the $400k-$450k range in 2021. Market conditions, updates, and demand will determine the current listing and sale price.
4. What might be a less obvious consideration with a 1986 home?
While the structure is mature, this era of home may have original major systems (like roofing, windows, or HVAC) nearing the end of their service life. A thorough inspection is advised to budget for potential updates, which is a common trade-off for gaining more space and land.
5. How can I get the exact historical sale prices?
The exact sale prices are not publicly displayed. You can request the precise sold price history by emailing the listing service through the provided form; they provide this data manually without using your email for marketing.