Property Overview: 156 Crofton Bay, Winnipeg
Key Characteristics & Appeal
This home is a study in contrasts, offering a distinct value proposition in Winnipeg's Pulberry neighborhood. Its most defining feature is its generous 5,948 sqft lot, which ranks in the top 10% on its own street, providing above-average outdoor space—a notable asset for gardening, play, or future expansion. This stands in contrast to the home's living area, which at 918 sqft is more compact than most comparable properties in the area, suggesting a focus on efficient use of space.
The appeal lies in its balance and potential. With an assessed value of $375k that sits solidly around the average for the street and neighborhood, it represents a stable, mid-market entry point. The home was built in 1961, aligning with the area's typical vintage, and its last known sale was between 2016-2020 for an estimated $300k-$350k. This profile suits practical buyers: first-time homeowners seeking land size without a premium price, downsizers looking for manageable square footage with a sizable yard, or investors interested in a property with a proven, steady value trajectory in an established community.
Frequently Asked Questions
1. Is the smaller living area a concern?
While the home's footprint is below average for the area, this often translates to lower utility costs and less maintenance. The value here is strategically shifted toward the land itself.
2. How does the lot size compare to nearby properties?
The lot is a key advantage. It's larger than 90% of the lots on Crofton Bay, offering more private outdoor space than most immediate neighbors.
3. What is the property's value history?
Public records indicate a sale between $300,000 and $350,000 around October 2016. Its current assessed value of $375k suggests appreciation consistent with broader market trends in the area over that period.
4. Are there similar homes nearby for comparison?
Yes. The listing references several nearby homes on Weaver Bay and Parkville Drive with similar assessed values, year built, and living areas, providing a clear benchmark for the local market.
5. How can I verify the exact past sale price?
The site notes that exact sold prices are not displayed publicly due to data source rules. You can request the full transaction history via email, and they will provide the verified figures manually.