2 Buckley Bay

Property Summary: 2 Buckley Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 2 Buckley Bay is a modest, single-level property built in 1973, situated on a roughly 5,400 sqft lot in the Minnetonka neighbourhood. Its key appeal lies in its position as an accessible entry point into the Winnipeg market. With a living area of 946 sqft, it is notably compact compared to many area homes, which may suit those seeking lower maintenance or looking to maximize value through efficient use of space. The assessed value is significantly below averages for both its immediate street and the Minnetonka area, suggesting a potentially lower property tax burden and an opportunity for buyers focused on fundamentals over premium finishes.

The home would best suit first-time buyers, downsizers, or practical investors seeking a straightforward property. Its older but well-established vintage means major components are likely from a known era, which can simplify renovation planning. A thoughtful perspective is that while the lot size is below the neighbourhood average, it is close to the city-wide average, offering a manageable yard without excessive upkeep. The data indicates this is one of the newer homes on its own street, which can be a subtle advantage in terms of infrastructure and systems.

Section 2: Frequently Asked Questions

1. Is this a small house?
Yes. At 946 sqft, the living area is below the average for Minnetonka (1,439 sqft) and for the city. It represents a more compact, efficient floor plan.

2. Why is the assessed value so much lower than the city-wide average?
The city-wide average assessed value is skewed by a wide variety of property types and neighbourhoods. This home’s assessment is more in line with its immediate area and reflects factors like its size, age, and specific location.

3. What does the sold price history tell us?
Public records show it last sold between $250k-$300k in 2017. For the exact price, you can request details via email from the listing service.

4. How does the lot size compare?
The 5,404 sqft lot is smaller than most in Minnetonka but is near the average for Winnipeg overall. It provides a decent outdoor space without being overwhelming.

5. Are there any standout features in the data?
Context is key. While the home ranks below average in size and value for its neighbourhood, it is actually one of the newer homes on its specific street (ranking in the top 10% there for year built). This highlights the importance of comparing at different geographic levels.