Property Overview: 47 Courageous Cove, Mission Gardens
Section 1: Key Characteristics & Appeal
This well-situated home in Mission Gardens presents a compelling mix of modern convenience and established neighbourhood value. Built in 2010, it is a notably newer property compared to the average Winnipeg home, offering the benefits of contemporary construction standards and systems without being brand new. With 1,364 sqft of living space, it is a comfortable, mid-sized home that is actually above average for its immediate area, suggesting a efficient and practical layout for its locale.
The primary appeal lies in its strong positioning within the broader market. Its assessed value of $480,000 ranks within the top 9% of Mission Gardens and the top 23% city-wide, indicating a perception of solid value and desirability. This is further supported by its sale history, last selling between $400k-$450k in 2019. The lot size of 5,195 sqft is consistent with area norms, providing standard outdoor space.
This property would suit buyers looking for a move-in ready home in a mature neighbourhood without the maintenance concerns of an older property. It’s ideal for professionals, small families, or downsizers seeking a balance between modern amenities and community establishment. A thoughtful perspective is that while it’s a smaller home on its specific street, that translates to potentially lower utility costs and less upkeep, focusing the value on location and quality rather than sheer size.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
While it is below the average size for its own street (Courageous Cove), it is actually larger than the typical home in the wider Mission Gardens area. This suggests a street of larger homes, with 47 Courageous Cove offering a more manageable footprint within that desirable setting.
2. What does the assessed value tell us about the property?
The $480,000 assessment ranks highly within both the neighbourhood and the city. This typically reflects factors like the newer build year, location, and market demand, and is a strong indicator of the property’s standing for municipal tax purposes and perceived market value.
3. Is the lot size a pro or a con?
At just over 5,000 sqft, the lot is very standard for the area—neither exceptionally large nor small. It provides adequate private outdoor space for gardening or recreation without the extensive maintenance of a much larger yard.
4. The home sold in 2019. What can that price history indicate?
The previous sale in the $400k-$450k range provides a benchmark for past market value. Comparing this to the current assessed value can offer insight into market trends and appreciation in the area over the last several years.
5. Where can I see more detailed context about the immediate area?
For a precise visual analysis, including maps comparing this home to its direct neighbours by year built, size, and value, you can open the dedicated neighbourhood analysis page linked in the full details.