Property Overview: 98 Perry Bay, Mission Gardens, Winnipeg
Key Characteristics & Appeal
This home at 98 Perry Bay is a well-situated property in Winnipeg's Mission Gardens neighbourhood, presenting a practical opportunity for specific buyers. Built in 1976, its key distinction is being one of the newest homes on its street, ranking in the top 3% locally for year built. This suggests potentially fewer age-related issues than some immediate neighbours. With 1,014 sqft of living space and a 5,562 sqft lot, the home offers standard-sized interiors but a slightly larger-than-average yard for the Mission Gardens area, providing good outdoor space relative to many nearby properties.
Its primary appeal lies in its solid positioning within its established community. The assessed value is consistently around the average for the street, area, and city, indicating a fair and stable valuation without premium pricing. A recent sale between 2023-2025 in the $300k-$350k range aligns with this profile. This home would best suit a first-time buyer or a downsizer seeking a manageable, move-in-ready property in a mature neighbourhood without the premium cost of a newer subdivision. It’s a home for those who value a decent lot size and a relatively newer build on the block over having expansive square footage.
Frequently Asked Questions
1. What does it mean that this is one of the newest homes on the street?
While the home is 50 years old, it ranks #1 out of 40 on Perry Bay for year built. This means it’s likely newer than most direct neighbours, which can be an advantage for systems like roofing, windows, or foundations that may have been updated closer to the home's era.
2. How does the lot size compare to others?
The lot is 5,562 sqft, which is larger than the average lot in the broader Mission Gardens area. This means you likely get more private outdoor space than many comparable homes nearby, a valuable feature not always apparent from the street.
3. Is the assessed value a good indicator of the selling price?
The assessed value ($34.30k for tax purposes) is a municipal calculation and is not a market valuation. The recent sale history (between $300k-$350k) is a far more accurate reflection of its market price. The assessment here is noted as being consistently average across all comparison levels, suggesting no unusual tax advantages or disadvantages.
4. Who would this property not be ideal for?
It may not suit buyers looking for a large, modern interior, as the living area is below the city-wide average. It’s also likely not for investors seeking a dramatically undervalued "fixer-upper," as its metrics suggest it’s a standard, well-maintained property in its context.
5. How can I find out the exact past sale price?
The provider notes that the exact sold price is available upon request via email. They manually provide this data for accuracy and state they do not use email addresses for unsolicited marketing. This is a common practice to ensure data privacy and precision.