Property Overview: 46 Jodonndra Bay, River East, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 46 Jodonndra Bay is a practical, mid-century bungalow built in 1976, situated on a roughly 5,770 sqft lot in Winnipeg's River East neighborhood. With 1,117 sqft of living space and a $360k assessed value, it presents as a solidly average property within its broader area and city-wide context. Its appeal lies in its position as a potentially more affordable entry point on a street where most homes are larger and have higher assessed values. Compared to its immediate neighbors, this property offers a smaller footprint and a lower tax assessment, which could translate to a lower purchase price and ongoing costs.
This home would likely suit first-time buyers or downsizers seeking a manageable property in an established neighborhood without the premium of a larger, updated home. It represents a "value play" on its street—a chance to live in the area while investing less upfront. The lot size is competitive for the street, offering typical outdoor space for the location. A thoughtful perspective is that its average metrics across the neighborhood and city suggest it’s a stable, no-surprises property, unlikely to be over-improved or stand out negatively, which can be an advantage for a long-term, steady investment.
Section 2: Frequently Asked Questions
1. Is this home significantly smaller than others nearby?
Yes, compared specifically to other homes on Jodonndra Bay, its living area is below the street average. However, it aligns more closely with the average size for both the wider River East neighborhood and the city of Winnipeg as a whole.
2. What does the assessed value tell me about the potential price?
The $360k assessment is below the street average but around the neighborhood and city averages. This often indicates the home may be valued lower due to factors like size, condition, or updates compared to its immediate neighbors, but it is not undervalued in the broader market.
3. How current is the sold price data shown?
The listed sale from March 2020 is provided as a historical reference from public records. To obtain fully verified, exact sold prices and a complete transaction history, you must request that information directly via email, as this site does not display MLS data.
4. Are homes on this street typically older or newer?
The home was built in 1976, which is slightly older than the average year built (1979) for Jodonndra Bay. It is, however, perfectly typical for its neighborhood and actually newer than the city-wide average for comparable homes.
5. Who would this property not be suited for?
Buyers looking for a large, modern home or who prioritize having the biggest and newest property on the block may find it lacking. Its value proposition is rooted in being a competent, average home in a good location, not in standout size or luxury features.