Property Overview
132 Donegal Bay presents a compelling opportunity in Winnipeg's Munroe East neighbourhood. Its primary appeal lies in offering above-average space and value within its immediate context. Built in 1959, the home features 1,264 sqft of living area, which ranks in the top 3% on its own street and the top 6% within the broader Munroe East area, indicating it is notably more spacious than many nearby comparable homes. The lot size of 5,387 sqft is also above average for the area. With an assessed value that places it in the top 14% on its street and top 11% in Munroe East, the property suggests a strong value proposition relative to its local market.
This home would suit practical buyers looking for a spacious footprint in a mature neighbourhood without a premium city-wide price tag. It’s ideal for someone who prioritizes interior space and lot size over a newer build, and who values a property that stands out positively within its own community. The data suggests it’s a locally competitive property that may offer more room for the money compared to its closest neighbours, appealing to buyers focused on specific neighbourhoods rather than city-wide comparisons.
Frequently Asked Questions
How does the home’s age affect its value and potential?
Built in 1959, the home is of a typical vintage for the area. While this means potential for older systems or layouts, its above-average assessed value locally indicates these factors are already reflected. It may appeal to buyers interested in the character and established lots of mid-century homes, with the understanding that updates could be part of the ownership journey.
The assessed value seems high for the area but average city-wide. What does this mean?
The assessment is context-dependent. It ranks highly on its street and in Munroe East, suggesting it is considered a better-than-average property within that specific locale. Its city-wide average ranking simply means that, compared to all Winnipeg properties, it sits in the middle of the pack—a positive sign that you’re acquiring a strong local asset without paying an inflated city-wide premium.
Is the living area truly a standout feature?
Yes, the data is clear. With a living area in the top 6% for Munroe East and top 3% on its street, this home offers significantly more interior space than the average comparable home nearby. This is a key differentiator for families or those needing extra room.
What can the past sale price tell me?
The home sold for an estimated $250k-$300k in 2016. This historical data provides a benchmark for past market value. Comparing this to the current assessed value and local rankings can help gauge appreciation trends in this specific part of Munroe East.
How useful are the lot size rankings?
The lot size is above average for Munroe East (top 28%), which is a tangible asset. It suggests more outdoor space than many area properties, but it’s around average when compared to the street or the entire city. This highlights a less obvious advantage: you get a larger-than-typical yard for the immediate neighbourhood, which adds privacy and potential without the lot size premium of newer suburban areas.