Property Overview: 10 Burnaby Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 10 Burnaby Bay in the Radisson neighborhood presents a compelling mix of established value and practical living. Built in 1960, it is a typical home for its street and area, offering just over 1,000 square feet of living space. Its standout feature is its assessed value, which ranks in the elite top 5% for the Radisson area, suggesting it is a well-maintained or updated property relative to its immediate peers. The lot size is also a strong point, offering above-average outdoor space compared to both the neighborhood and the city.
The appeal here is one of solid, grounded value in a mature community. It suits buyers looking for a move-in ready home in a stable area without the premium of a new build. It’s particularly well-suited for first-time buyers or downsizers who prioritize a manageable-sized home with a decent yard, and who appreciate a property that holds its value strongly within its local context. A thoughtful perspective is that while its living space is below the Winnipeg city average, its superior assessment in Radisson indicates you’re paying for quality and condition within the home itself, not just square footage.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to the recent sold price?
The home sold in January 2024 for an estimated $400k–$450k. Its current assessed value of $376k sits within that range, indicating the assessment is reasonably aligned with recent market activity.
2. Is the living space considered small?
At 1,013 sqft, it is slightly below the Winnipeg city average but very typical for the Radisson neighborhood and Burnaby Bay street. It represents an efficient, manageable floor plan common in homes of this era.
3. What does the "elite" assessed value ranking mean for this property?
Ranking in the top 5% for assessed value in Radisson means this home is valued significantly higher than the neighborhood average. This often reflects updates, premium condition, or desirable lot features compared to similar-aged homes nearby.
4. How does the lot size compare?
The 6,045 sqft lot is above average for both the Radisson neighborhood and the city of Winnipeg, offering more private outdoor space than many comparable properties.
5. Where can I get verified, exact sold price data for this home?
The site provides sold price ranges publicly. For fully verified, exact historical sold figures, you must request a manual lookup via email, as this data is not sourced from the MLS system.