Property Overview: 160 George Suttie Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home presents a straightforward, value-oriented opportunity in Winnipeg's Munroe East neighborhood. Built in 1970, it is actually newer than many homes on its street and in the immediate area, suggesting potentially fewer age-related concerns than neighboring properties. With 840 sqft of living space, it offers compact and manageable interiors, while the lot size of nearly 5,000 sqft is generous for the area, providing ample outdoor space relative to the home's footprint.
The primary appeal lies in its financial accessibility and practicality. The assessed value is consistently around the average for both its street and broader area, indicating a stable, mid-market position. A key perspective is that while the home's size is below the citywide average, this translates to lower utility costs and less maintenance—a trade-off that can suit specific lifestyles. It would best suit first-time buyers, downsizers, or practical investors looking for an entry point into the market without overextending. The sizable lot also offers latent value for those with a vision for gardening, expansion, or simply enjoying more private outdoor space than is typical.
Section 2: Frequently Asked Questions
1. How does the 1970 build year compare to nearby homes?
This home is newer than most in its immediate vicinity. It ranks in the top 17% on its street and top 13% in Munroe East for year built, meaning it's a relatively recent build compared to its neighbors, which often date to the 1960s or earlier.
2. Is the living space considered small?
At 840 sqft, it is moderately sized for the street but below the average for both the wider area and Winnipeg overall. This positions it as a cozy, efficient layout ideal for individuals, couples, or small families who prioritize simpler living and lower operating costs over expansive square footage.
3. What does the assessed value tell us about this property?
With an assessed value around $29,800, it sits firmly in the middle of the pack for Munroe East and George Suttie Bay. This suggests it is a typical, no-surprises property for the locale, not overvalued or undervalued based on municipal assessment metrics.
4. What is the potential of the lot?
The 4,998 sqft lot is above average for the street. This is a notable feature, offering more outdoor space than many comparable properties and presenting opportunities for gardening, recreation, or future landscaping projects that wouldn't be feasible on a smaller parcel.
5. Where can I find more detailed context about the neighborhood?
For a granular comparison of nearby homes by year built, size, value, and lot size, you can open the dedicated neighbourhood analysis map via the link provided in the full property details.