Property Overview: 101 George Suttie Bay, Winnipeg
Key Characteristics & Appeal
This is a compact, single-family home built in 1969, offering 696 square feet of living space on a 3,449 sqft lot in the Munroe East neighbourhood. Its primary appeal lies in its position as an accessible entry point into the Winnipeg market. With an assessed value significantly below both the city and local area averages, it presents a lower financial barrier to homeownership. The home is modest in scale, ranking below average for size compared to most homes in Munroe East and Winnipeg overall, which suggests a focus on efficiency and manageable upkeep.
The property would best suit first-time buyers, downsizers, or investors seeking a straightforward, lower-cost holding. Its smaller size and lot translate to less maintenance and lower utility costs, a practical advantage. A less obvious perspective is its relative newness within its immediate area—it was built later than many homes in Munroe East, which could imply updates to original building materials or systems compared to older neighbours. However, the below-average assessments for both value and land size indicate this is a more utilitarian offering rather than a premium property, ideal for those prioritizing budget and location over space.
Frequently Asked Questions
1. Is this a good value compared to the neighbourhood?
The data indicates it is priced below the neighbourhood average for assessed value. This can represent a value opportunity for entry into the area, but it’s important to understand what factors—such as the smaller living area and lot size—contribute to that lower valuation.
2. What should I know about a home built in 1969?
While newer than many homes in Munroe East, a 57-year-old home will likely have had several systems updated over time. A thorough inspection is crucial to understand the current condition of the roof, wiring, plumbing, and windows.
3. How does the lot size impact potential?
At 3,449 sqft, the lot is smaller than average for the street and area. This limits potential for large additions or extensive landscaping but also means less yard work and lower exterior maintenance costs.
4. Who would this property not suit?
It may not suit growing families needing more bedrooms or living space, or buyers looking for a large yard or significant renovation/expansion potential due to the compact lot and building footprint.
5. How can I find out what it last sold for?
The sold price history shows a range from 2021. For the exact sale price, you can request it via email from the listing service, as this detail is provided manually.