Property Overview: 69 Woodbury Drive, Winnipeg
Key Characteristics & Buyer Appeal
This 960 sqft bungalow, built in 1970, presents a practical and affordable entry point into Winnipeg’s Pulberry neighborhood. Its key appeal lies in its value proposition: with an assessed value of $357k, it sits at a noticeable discount compared to most homes on its own street and in the immediate area, while being very close to the city-wide average. The home is notably the newest build on Woodbury Drive, which may suggest updated core systems or a slight advantage in maintenance needs compared to direct neighbors.
The living space is compact, ranking below average for the street, neighborhood, and city, making it best suited for first-time buyers, downsizers, or investors seeking a manageable footprint. The lot size is typical for the street but smaller than the neighborhood average, offering lower yard maintenance. This property doesn’t compete on size or premium finishes; instead, it offers a cost-effective foothold in a stable area. It would suit a pragmatic buyer who prioritizes financial accessibility and a simpler layout over spaciousness, and who sees potential in a home that is newer than its immediate surroundings.
Frequently Asked Questions
1. Why is the assessed value lower than the street and neighborhood averages?
The assessed value of $357k is below the averages for Woodbury Drive ($395.5k) and Pulberry ($422.7k), but aligns closely with the Winnipeg average ($390.1k). This is likely due to the home’s smaller-than-average living area and lot size for the neighborhood, positioning it as a more affordable option in the area.
2. The home sold between $250k-$300k in 2019. What does that mean for today’s price?
That sale price from 2019 provides historical context, but market conditions have changed. The current assessed value offers a more recent benchmark, though the final sale price will be determined by current market demand, the property’s condition, and recent comparable sales.
3. As the newest home on the street, does that come with advantages?
Being built in 1970 makes it the newest among the 34 comparable homes on Woodbury Drive. This can sometimes indicate relatively newer major components (like roofing, wiring, or plumbing) compared to neighboring houses, potentially deferring some major renovation costs.
4. How does the smaller living area and lot size affect livability?
The 960 sqft layout is efficient and manageable, ideal for individuals, couples, or small families. The lot, while smaller than the Pulberry average, is standard for the street and requires less upkeep. This trade-off supports a lower-maintenance lifestyle and a lower price point.
5. Where can I get verified sale price data for this property?
The site provides sold price ranges based on public data. For fully verified figures and a complete transaction history, you must request a manual lookup via email, as this information is not sourced from the MLS system.