Property Overview: 55 Trudell Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home’s primary strength is its generous living space. At over 2,000 square feet, it ranks within the top 5% of homes on its street and the top 2% within the Mission Gardens area for size, offering significantly more room than local averages. Built in 1988, it is a relatively modern property compared to the wider Winnipeg housing stock. The appeal lies in this combination of ample, well-proportioned interior space within a mature neighbourhood, without an excessively high property tax assessment relative to the area. The lot size is slightly smaller than others on Trudell Bay but is typical for Mission Gardens overall, suggesting a manageable yard with a focus on the home itself.
It would best suit buyers who prioritize interior square footage over expansive outdoor land, such as growing families needing room to spread out or professionals wanting dedicated home office space. It’s a practical choice for those seeking value in the form of living area within a settled community, rather than a premium lot or a brand-new build.
Frequently Asked Questions
1. How does the property’s assessed value relate to its likely market price?
The home’s assessed value for taxes is around $42,800, which is near the street average. However, it last sold for an estimated $450,000-$500,000 in 2024. Market price is influenced by many factors beyond the tax assessment, including the recent sale, interior condition, and current market trends.
2. The living area is large for the area, but the lot is smaller than some neighbours. What does this mean practically?
This indicates the house footprint likely utilizes more of the property. You benefit from more indoor space but may have a more compact backyard compared to some houses on the street. It can mean less exterior maintenance.
3. Is a 1988-built home considered old?
Not in context. While it’s around average age for the street, it is newer than the median home city-wide. Major components like the roof, windows, and HVAC may be due for updates or have been recently replaced, which would be a key point of inquiry.
4. What do the “top percentile” rankings actually tell me?
They contextualize the data. For example, being in the “top 5%” for living area on the street means 95% of comparable homes there are smaller. It’s a quick way to see the home’s standout features and where it is merely typical.
5. How can I find out the exact past sold prices?
The exact sale prices are not publicly displayed in detail here due to data regulations. You can request the precise history by emailing the listing service, which provides it manually as a courtesy.