Property Summary: 11 Bernard Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 11 Bernard Bay in Mission Gardens is a practical, entry-level property built in 1976. Its key characteristic is its modest scale, with 889 sqft of living space on a 5,398 sqft lot, placing it below average in size for its immediate street and neighborhood. The assessed value is notably lower than many area comparables, suggesting a potentially accessible price point.
The appeal lies in its value proposition and established location. For a buyer comfortable with a smaller footprint, it represents an opportunity to enter the Mission Gardens neighborhood, which typically features larger, higher-value homes. The home is one of the newer builds on its street (ranking in the top 10%), which may imply fewer immediate concerns about the age of major components compared to older neighbors. It suits first-time buyers, downsizers, or investors looking for a lower-cost holding in a mature area. A thoughtful perspective is that its below-average metrics for the street could mean less property tax burden relative to neighbors, and the manageable lot size translates to lower maintenance effort.
Section 2: Frequently Asked Questions
1. How does the sold price range from 2023 relate to the current assessed value?
The sold price range of CA$250k–300k in 2023 is significantly higher than the current assessed value of $32,800k. This is a typical discrepancy, as assessed value for tax purposes often lags behind market value. The sale price is the more relevant indicator of current market worth.
2. Is the smaller living area a concern?
At 889 sqft, the home is compact. It will suit those prioritizing location and affordability over space. Buyers should consider if the layout meets their needs, as efficient use of the square footage will be key.
3. What does it mean that the home is "newer" on the street?
Built in 1976, it ranks in the top 10% for year built on Bernard Bay. This suggests most houses on the street are older, so this home may have undergone fewer renovations or have newer core systems (like wiring or plumbing) than some direct neighbors.
4. How does the lot size compare?
The 5,398 sqft lot is below average for Bernard Bay but is very close to the average for the wider Mission Gardens area. This indicates the street may have larger lots overall, but this property's yard is reasonably standard for the neighborhood.
5. Where can I see more detailed context about the location?
You can use the provided link to open the neighbourhood map analysis, which visually compares this property to nearby houses based on year built, living area, assessed value, and lot size.