Property Overview: 34 Byars Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 34 Byars Bay in the Munroe East neighbourhood presents a compelling blend of space, value, and established community. Built in 1969, it offers 1,131 square feet of living area on a generous 5,894 sqft lot. The data reveals its standout characteristic: exceptional value within its immediate area. Its assessed value ranks in the top 5% of Munroe East, indicating it is a high-value property relative to its neighbours, while its living space is also above average for the area.
The appeal lies in its strong positional value. You are acquiring a property that holds elite status in its local market, suggesting a well-maintained home in a desirable pocket of the neighbourhood. The lot size is notably larger than most in Munroe East, offering ample outdoor space uncommon in many city properties. It would perfectly suit pragmatic buyers looking for a solid, established home with proven value retention, or those seeking a family-friendly lot size without moving to the distant suburbs. It’s a property for someone who appreciates data-backed investment and neighbourhood stability over a brand-new build.
Section 2: Frequently Asked Questions
1. What does the "Elite" assessed value ranking mean?
This means the property’s municipal assessed value is in the top 5% of all 2,226 homes in the Munroe East area. It suggests the home is considered a higher-value asset compared to its immediate peers, often reflecting factors like lot size, condition, improvements, or desirability of its specific location.
2. The home sold in 2022. Why is the exact price not listed publicly?
Exact sale prices in Manitoba are not part of the public record. The range provided is based on available market data. You can request the precise sold price by emailing the listing service, which manually verifies and provides this information.
3. How does the living area compare to a typical Winnipeg home?
At 1,131 sqft, it is slightly below the city-wide average of 1,342 sqft. However, it is significantly above the average for both Munroe East (~1,009 sqft) and its own street (~1,067 sqft), meaning it offers more space than most comparable local options.
4. The year built is 1969. What should I consider?
A home of this age is part of an established, mature neighbourhood. Prospective buyers should prioritize a thorough inspection to understand the condition and age of major systems like roofing, plumbing, electrical, and the foundation, and to identify any updates that have been made.
5. How can I truly compare this property to others nearby?
The listing suggests using the "neighbourhood analysis page" to see this home on a map alongside nearby houses, directly comparing metrics like year built, lot size, and assessed value. This visual context can reveal patterns and outliers that simple numbers cannot.