Property Overview & Key Characteristics
This home at 4 Mcmurray Bay presents a solid, mid-century property built in 1973. Its primary appeal lies in its generous and above-average land size. With a lot of 10,438 sqft, it ranks within the top 5% of properties city-wide for land area, offering significant outdoor space that is rare for Winnipeg. The living area of 1,280 sqft is consistently average for its street, neighborhood, and the broader city, indicating a comfortable but not oversized interior footprint.
The home suits practical buyers who value space and potential over immediate luxury. It’s ideal for someone seeking a larger yard for gardening, recreation, or future expansion, and who is comfortable with a home from the 1970s that may require updates. The assessed value is modest relative to the city average, suggesting it could be an entry point into a established neighborhood like Minnetonka for a first-time buyer or an investor. A thoughtful perspective is that while the house itself is unexceptional in size and age, the land asset is a standout feature that provides flexibility and long-term value in a way a newer home on a small lot may not.
Frequently Asked Questions
1. How does the assessed value relate to the likely selling price?
The assessed value of $40,80k is for municipal tax purposes. The last known sale was between $300k-$350k in 2020. The selling price will be determined by the current market, but the assessed value indicates a relatively lower tax base compared to many city properties.
2. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than approximately 95% of all residential properties in Winnipeg. On its own street and in Minnetonka, it's also well above average, making the yard a key feature.
3. Is a 1973-built home a concern?
The year built, 1973, is actually the newest on its street and slightly newer than the neighborhood average. While systems like plumbing, electrical, or the roof may need attention or updating due to age, the data shows the home is not unusually old for its area.
4. Who would I be sharing the street with?
The data shows the seven properties on Mcmurray Bay are very similar in living area and assessed value, with this home having the newest build year and the largest lot. This suggests a street of consistent, modest-sized homes from the same era.
5. How can I find out the exact past sale prices?
The provided sale price history is a range from public data. You can request the exact sold price history by emailing via the form on the property page. The service is manual, with no marketing spam, and aims to reply by the end of the same day.