Property Overview: 30 Rizzuto Bay, Mission Gardens, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 30 Rizzuto Bay presents a practical opportunity in Winnipeg's Mission Gardens neighborhood. Built in 1977, it is a property of average vintage for its immediate area. Its key characteristic is a noticeable balance between a modestly sized house and a generous lot. The living space of 897 sq ft is below average for the city and the local area, suggesting a compact, efficient layout. However, the land area of 5,970 sq ft is above average for Mission Gardens, offering valuable outdoor space that is less common in the neighborhood.
The appeal lies in this very balance. The assessed value of $350k is consistently around the average mark at every comparison level—street, neighborhood, and city—indicating a stable, market-aligned valuation. This property suits buyers who prioritize land size and potential outdoor utility over interior square footage. It would be a practical fit for a first-time buyer comfortable with a cozier home, someone looking for a lower-maintenance interior with room for gardening or outdoor projects, or an investor seeking a property with a standard valuation in an established area. A less obvious perspective is that a home with below-average living space but an above-average lot for the area can represent future flexibility; the value is partially stored in the land, which could be a long-term asset.
Section 2: Frequently Asked Questions
1. Is the house unusually small?
The living area is below the average for both the Mission Gardens neighborhood and Winnipeg overall. This indicates a more compact home, which typically means lower utility costs and less interior maintenance.
2. How does the lot size compare?
The lot is a standout feature for the neighborhood. At nearly 6,000 sq ft, it is larger than the average lot in Mission Gardens, providing more private outdoor space than many nearby properties.
3. What does the assessed value tell me?
The $350k assessment is consistently around the median (50th percentile) when compared to homes on the same street, in the wider neighborhood, and across Winnipeg. This suggests the property is valued squarely within the mainstream market, without extreme premiums or discounts.
4. What is the likely price based on recent sales?
The home sold previously between 2019 and 2025 for an estimated $300k-$350k. For the exact historical sold price, you can request the information via email from the listing service.
5. Are homes from 1977 a concern?
The year built is typical for this street and area. Homes from this era may have undergone updates, so a thorough inspection is recommended to understand the condition of major systems like roofing, plumbing, and electrical, which may be nearing or past their typical lifespans.