Property Overview: 157 Crofton Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a classic, mid-century property built in 1961, offering a practical footprint in Winnipeg's Pulberry neighborhood. Its key characteristic is its solid, average positioning within the broader Winnipeg market. With 1,041 sqft of living space and a 5,639 sqft lot, it sits below the neighborhood averages for size but aligns closely with city-wide norms. The assessed value of $371k follows a similar pattern—modest for Pulberry but typical for the city.
The appeal lies in its value proposition and stability. It represents an opportunity to enter a mature neighborhood without a premium price tag, potentially suiting buyers who prioritize location and lot ownership over a larger interior. It’s a straightforward property that would suit first-time homeowners, downsizers, or pragmatic investors looking for a manageable, no-frills home with established community roots. A thoughtful perspective is that its "below average" metrics for the immediate area might indicate less competition and more room for value-added improvements compared to larger, more expensive homes on the same street.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
It last sold between $300k-$350k in May 2022. The current assessed value of $371k is in line with similar nearby homes, which have recent assessed values ranging from $325k to $429k.
2. Is the living space smaller than other homes nearby?
Yes. At 1,041 sqft, the living area is below the average for both Crofton Bay street (1,141 sqft) and the wider Pulberry neighborhood (1,320 sqft). It is, however, close to the Winnipeg city average.
3. What is the lot size, and how does it compare?
The lot is 5,639 sqft. This is typical for the street but below the larger average lot size found elsewhere in the Pulberry area.
4. How can I verify the exact historical sold price?
The site provides sold price ranges for general reference. To obtain fully verified and exact historical sale figures, you must request a manual lookup via email, as this data is not sourced from the MLS.
5. Are there many similar homes nearby?
Yes. The home is on a street with very close neighbors and is surrounded by properties of similar vintage and value. Several nearby references on streets like Weaver Bay and Parkville Drive were built around 1960 with comparable assessed values and square footage.