Property Overview: 22 Keith Black Bay, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 22 Keith Black Bay presents as a solid, established property in Winnipeg's River East neighborhood. Built in 1983, it is newer than many homes in the area and sits on a notably generous lot of over 7,600 sqft, offering more outdoor space than most properties city-wide. With 1,412 sqft of living area, its size is consistently average when compared to the street, neighborhood, and city, suggesting it meets typical expectations for space without standing out as particularly large or small.
The appeal lies in its balanced, above-average positioning across several key metrics. Its assessed value ranks above average for both the neighborhood and city, indicating perceived stability and desirability. The combination of a newer build year, a larger-than-standard lot, and a value that holds strong against local benchmarks points to a well-situated property without extreme peaks or valleys. It would suit buyers looking for a pragmatic, move-in-ready home in a mature neighborhood, offering a good balance of indoor and outdoor space without the premium price tag of a top-tier or fully renovated property. It’s a sensible choice for those prioritizing lot size and a more recent build over ultra-modern finishes or maximum square footage.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to what it last sold for?
The property sold in March 2023 for a price between $450,000 and $500,000. Its current assessed value of $446,000 sits within or near that recent sale range, suggesting the assessment aligns with fairly recent market activity.
2. Is the lot size a significant advantage?
Yes. The lot of 7,670 sqft ranks in the top 13% city-wide and is larger than the average on its street. This provides more privacy, yard space, and potential for outdoor use or future additions compared to many Winnipeg homes.
3. How does the home’s age affect its condition?
Built in 1983, the home is newer than many in River East and Winnipeg overall. This can mean fewer issues with outdated building materials or major systems nearing end-of-life than in older homes, though a property-specific inspection is still essential.
4. Are the property taxes likely to be high?
The assessed value is above the neighborhood and city averages. As property taxes are based on this assessment, the taxes for this home are likely to be proportionally higher than for a property with an average or below-average assessment in Winnipeg.
5. Where can I get verified historical sale data for this property?
The provided sold price is based on public data. For fully verified transaction history and exact sale figures, you must request a manual lookup from the site, as MLS data is not displayed here due to industry rules.