Property Overview: 241 Kisil Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 241 Kisil Bay in Munroe East presents a practical and efficient living option. Built in 1970, it is notably newer than most homes on its street and in the broader area, which can be a significant advantage for maintenance and system updates. With 1,056 sqft of living space, it offers above-average roominess for both its immediate neighborhood and the Munroe East area, providing good interior utility on a modest 3,100 sqft lot.
The primary appeal lies in its balance. It offers more modern construction than many peers without the premium price tag of a new build, and its interior space is generous for the locale. The assessed value of $250k positions it as a more accessible entry point within the city, suggesting a lower property tax burden compared to the Winnipeg average. This property would suit first-time buyers or downsizers seeking a manageable, move-in-ready home in an established neighborhood without a large lot to maintain. It’s a pragmatic choice for those prioritizing interior space and a newer build year over a large yard.
Section 2: Frequently Asked Questions
1. How does the lot size impact this property?
At 3,100 sqft, the lot is smaller than most in Munroe East and across Winnipeg. This means lower outdoor maintenance but also limited space for expansions, large gardens, or extensive privacy landscaping. It’s ideal for those who prefer a low-maintenance yard.
2. What does the "Elite" ranking for year built mean?
This indicates the home is among the newest (top 3%) on Kisil Bay. Built in 1970, it likely benefits from construction standards and materials newer than many neighbors, potentially reducing immediate major repair needs for items like roofing or plumbing.
3. The assessed value seems low compared to the city average. Is that a concern?
The assessed value is for municipal tax purposes, not market value. A value significantly below the citywide average ($250k vs. $390k) typically translates to proportionally lower property taxes, which is a financial positive for the homeowner.
4. How recent is the sale history, and what does it indicate?
The home sold between $250k-$300k in 2021. This recent sale provides a solid, modern benchmark for its market value, showing strong activity and demand for the property in the current market cycle.
5. Is the living space adequate for a small family?
At just over 1,050 sqft, the living area is above average for the local area. It is generally sufficient for a small family or couple, offering more interior space than many comparable homes in Munroe East, though room layouts and the number of bedrooms (not specified here) would be key determining factors.