Property Overview: 71 Rick Boychuk Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home presents a compelling mix of modern convenience and established neighbourhood character. Built in 2008, it is one of the newest homes on its street, offering the advantages of more contemporary construction standards and systems compared to much of the Winnipeg housing stock. With 1,526 sqft of living space, it sits comfortably above the city-wide average, providing ample room without being overly large.
Its primary appeal lies in its strong positioning within the desirable Mission Gardens area. The home ranks well above average for both size and assessed value within the neighbourhood, suggesting it is a solid, above-median property in a sought-after location. A thoughtful perspective is that while its lot size is slightly below average for the immediate street, it is very typical for the wider area, potentially offering a lower-maintenance yard without sacrificing the community benefits.
This property would ideally suit buyers seeking a move-in ready home in a mature neighbourhood, who value a relatively modern build year. It’s a strong fit for professionals or small families looking for space and stability, and who appreciate a home that holds above-average standing in its local market rather than just on a city-wide scale.
Frequently Asked Questions
1. How does the assessed value compare to the recent sale price?
The home was last sold in 2022 for an estimated $450k-$500k. Its current assessed value is significantly lower at $42,100. It’s important to understand that municipal assessed value in Manitoba is used for tax purposes and is not an indicator of current market value. The sale price from a few years ago is a more relevant benchmark for today’s market value.
2. Is the lot size a disadvantage?
At 4,423 sqft, the lot is slightly smaller than others on Rick Boychuk Bay but is very typical for the Mission Gardens area. This could be an advantage for buyers preferring less yard maintenance while still having private outdoor space.
3. What does the "Elite" ranking for year built mean?
This indicates that, on its own street of 37 homes, 71 Rick Boychuk Bay is the newest or among the very newest properties built (ranked 1st). This is a notable advantage on a street with an average build year of 2007, suggesting less immediate concern for major age-related replacements like roofing or windows.
4. Why is the assessed value ranking so low on the street but high in the area?
This appears to be a quirk of the specific comparison. On Rick Boychuk Bay, this home’s assessed value is in the lower tier (ranked 36 out of 37). However, when compared to all of Mission Gardens, it ranks above average (top 26%). This suggests the immediate street may have several homes with unusually high assessments, but the property is still assessed favorably within the broader, popular neighbourhood.
5. How can I get the exact historical sale price?
The precise sale price is not publicly displayed due to local regulations. The listing service offers to provide the exact figure manually via email upon request, at no cost and without marketing spam.