Property Overview: 108 Crofton Bay, Winnipeg
Key Characteristics & Appeal
This 1962-built home in the Pulberry neighborhood presents a practical opportunity with a few distinct advantages. At 1,176 sqft, the living space is slightly above average for its immediate street, suggesting a comfortable size among its closest peers. The lot size of nearly 6,000 sqft is a notable strength, ranking in the top 18% on Crofton Bay, offering above-average outdoor space for the street—a valuable asset for gardening, play, or expansion.
The home’s appeal lies in its position as a solid, established property in a mature area. Its assessed value of $360k is below the averages for both the street and the wider Pulberry neighborhood, which could indicate potential value for a buyer comfortable with a home from this era. It recently sold within the $400k-$450k range, aligning it with the upper tier of local sale prices.
This property would suit a buyer looking for a character home with a generous lot who is prepared for the maintenance or updates that can come with a house over 60 years old. It’s a pragmatic choice for someone who values space over a modern build, and who sees potential in a home priced below the assessed average of its immediate neighbors.
Frequently Asked Questions
1. Is the below-average assessed value a concern?
Not necessarily. An assessment below street and neighborhood averages can reflect the home’s specific condition, features, or recent market activity. It’s a starting point for understanding its municipal tax valuation, not a direct marker of market price, as shown by its recent sale price.
2. What does the lot size ranking actually mean for me?
Ranking in the top 18% for lot size on Crofton Bay means your yard is larger than most on your block. This offers more privacy, landscaping potential, or room for additions like a shed or deck compared to direct neighbors.
3. How updated is this 1962 home likely to be?
The data doesn’t specify renovations. Homes from this period often have original foundations, plumbing, and electrical systems that may require inspection. The recent sale price suggests it may have seen updates, but a thorough inspection is key.
4. How does the sold price compare to the listed comparable homes?
The sale price range of $400k-$450k places it at the higher end among the nearby comparable sales provided, which had assessed values from $325k to $466k. This suggests the market valued it competitively, potentially due to its condition, lot size, or interior updates not captured in the assessment data.
5. Where can I get the exact sale price and history?
The site notes that exact sale prices require a manual lookup due to data source rules. You can request the precise figure by emailing them directly; they state they will provide the information without using your email for marketing.