Property Overview
94 Woodbury Drive is a well-established home in Winnipeg's Pulberry neighborhood. Built in 1968, it offers 1,281 square feet of living space on a roughly 5,925 square foot lot. The home presents a balanced profile, sitting comfortably within the average range for its area in terms of size, age, and lot dimensions. Its assessed value of $370,000 is notably below the neighborhood average but aligns closely with the city-wide benchmark, suggesting a potentially accessible entry point into the area.
Key Characteristics & Appeal
The primary appeal of this property lies in its position as a solid, average-sized home in a mature neighborhood. It stands out on its own street by offering more living space than many of its immediate neighbors. However, its assessed value is lower than most on the same street, which could indicate an opportunity for a buyer comfortable with a home that may require updates or simply represents a value purchase in that specific locale.
This home would suit a first-time buyer or a practical downsizer looking for a straightforward, no-frills property in a settled area. It’s for someone who prioritizes space and location over modern finishes, and who sees potential in a home priced below its immediate peers. A thoughtful perspective is that while the lot is smaller than many in Pulberry, it is still generous by city standards and is above average for Woodbury Drive itself, offering manageable outdoor space without excessive upkeep.
Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home at 94 Woodbury Drive sold between $350,000 and $400,000 in August 2023. This sale price ranked near the middle compared to other sales in the area and city at the time, indicating a market-value transaction.
2. Is the assessed value a reliable indicator of the selling price?
The assessed value of $370,000 is a municipal calculation for tax purposes and is not a formal appraisal. It can serve as a rough guide. Notably, this assessment is below the average for both the street and the wider Pulberry neighborhood, which may be a point of discussion in pricing.
3. What does the "ranking" data for living area and value mean?
The rankings compare this home to similar properties in three areas: its street, the Pulberry neighborhood, and all of Winnipeg. For example, its living area is larger than 74% of similar homes on Woodbury Drive (ranked #9 out of 34), but its assessed value is higher than only 12% on the same street (ranked #30 out of 34). This highlights its above-average size but below-average assessment for its immediate location.
4. Are the sold prices shown here from the MLS?
No. The sold price data presented is gathered from public sources and is not from the MLS. The site provides sold price ranges; for fully verified and exact historical sale figures, you must request a manual lookup via email.
5. The home was built in 1968. What should I consider?
As a home from the late 1960s, a prospective buyer should budget for potential updates to major aging components like the roof, windows, plumbing, and electrical systems. An inspection is crucial to understand the condition and any needed maintenance, which is typical for homes of this vintage.