Property Overview: 83 Rizzuto Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home at 83 Rizzuto Bay is a practical and modestly-sized property built in 1977, situated on a roughly 5,000 sqft lot in the Mission Gardens neighbourhood. Its primary appeal lies in its positioning as an affordable entry point into a stable area. With 1,018 sqft of living space, it offers a manageable footprint that is typical for its immediate street and neighbourhood, though it is notably compact compared to the Winnipeg citywide average.
The data reveals a nuanced value proposition. The home’s assessed value is below average for both its street and Mission Gardens, which can signal an opportunity for a value-conscious buyer or indicate a property that may benefit from updates. Its last known sale in the 2023-2025 period fell within the $300k-$350k range, placing it in the middle tier of recent sales comparables. This property would likely suit a first-time homebuyer, a downsizer, or an investor looking for a straightforward, no-frills home in a mature neighbourhood. Its smaller lot and living area translate to less maintenance, which could be a draw for those seeking simplicity. A thoughtful perspective is that while it ranks lower on certain metrics on its own street, it holds its own more firmly within the broader neighbourhood context, suggesting it fits the local community norm.
Frequently Asked Questions
1. Is this a good value for the area?
The assessed value is below the average for both Rizzuto Bay and Mission Gardens, while the recent sold price was around the median. This suggests it may offer relative value, but a viewing is essential to understand its condition and any potential reasons for the lower assessment.
2. What is the neighbourhood like?
Mission Gardens is a mature, established neighbourhood. The property data shows homes here are of a similar vintage and size, indicating a consistent, developed community character rather than one with new, large renovations or teardowns.
3. How does the lot size impact the property?
At just under 5,000 sqft, the lot is smaller than most on Rizzuto Bay but is close to the average for Mission Gardens overall. This means smaller outdoor maintenance but also potentially less privacy and expansion space compared to some direct neighbours.
4. The data shows "below average" for some metrics. Should I be concerned?
Context is key. Being "below average" for assessed value on its street could reflect the home's specific condition or features. Its living area and year built are solidly average for the neighbourhood, indicating it is not an outlier in terms of size or age for Mission Gardens.
5. How can I find out the exact past sale price?
The precise sold price is not publicly listed in the database. You can request it directly via the "Get exact sold price history" feature on the listing page, and the team will provide the accurate figure via email.