Property Overview
23 Donegal Bay is a well-situated home in Winnipeg's Munroe East neighbourhood. Built in 1960, it offers 1,051 square feet of living space on a generous 5,386 square foot lot. The data reveals a property that stands out for its value within its immediate area. Its assessed value ranks in the top 11% on its own street and the top 9% in Munroe East, suggesting it is considered a higher-value home among its closest peers. While the living space is typical for the area, the lot size is above average for the neighbourhood, offering good outdoor potential.
The appeal here is one of established value and space in a mature community. It suits practical buyers looking for a solid, no-surprises property in a settled area, possibly those interested in the long-term value of land. It’s a home that may not be the newest or largest city-wide, but it clearly holds a strong position on its block, which can be a sign of good upkeep, desirable location on the street, or favourable lot characteristics. A buyer might be someone who prioritizes a stable investment in a known community over a brand-new build.
Frequently Asked Questions
How does the assessed value compare to the last sale price?
The home sold for an estimated $350k-$400k in 2021. Its current assessed value is $344,000. This alignment suggests the assessment is grounded in recent market activity, though a buyer should always conduct their own valuation.
Is the lot size a significant feature?
Yes. At 5,386 sq ft, the lot is above the neighbourhood average. For the area, this provides valuable outdoor space for gardening, recreation, or future additions, which is a key differentiator from homes on smaller lots.
What does the "above average" ranking for year built mean?
Built in 1960, it ranks in the top 17% on its street. This means it is one of the newer homes on Donegal Bay, where the average build year is 1957. It indicates a slightly more modern construction compared to its immediate neighbours.
Are the property taxes likely to be high?
Given that the assessed value ranks highly for the street and neighbourhood, the property taxes are likely proportionally higher than for lower-assessed homes in Munroe East. The exact tax bill would depend on the current municipal mill rate.
What can the nearby sales history tell me?
The detailed sold price history for this and nearby properties is available by request. This history is crucial for understanding local market trends and verifying how this home’s value has changed over time compared to its direct neighbours.