Property Overview
111 Brixton Bay presents a well-proportioned family home in Winnipeg's River Park South neighborhood. Built in 1985, it offers a balanced package of space and value, fitting comfortably within its established community. The home’s appeal lies in its above-average lot size for the area, providing more outdoor space than many neighbors, combined with living space that feels generous compared to the Winnipeg average. It’s a property that doesn’t stand out for luxury or size, but for offering solid, predictable value in a mature setting.
This home would suit practical buyers looking for a move-in ready foundation in a quiet neighborhood—first-time homeowners who need space to grow, or downsizers seeking a manageable property without a premium price tag. Its metrics suggest it’s for someone who values a bit more yard and a home that is newer than many in the city, without the unknowns of a brand-new build or the upkeep of an older century home.
Key Details & FAQs
Key Characteristics & Appeal:
The 1,591 sqft home sits on a 6,025 sqft lot, which is notably larger than most on its street and in River Park South. Its assessed value of $414K is consistently around the average for its immediate area, indicating it’s priced in line with the neighborhood. While the living area is average for the street, it ranks above average city-wide, meaning you get more interior space than in many other Winnipeg homes. The 1985 build date is also a relative advantage, making it newer than most city comparables. The home last sold in 2017 for an estimated $300K-$350K.
Who It Suits:
This property is ideal for buyers seeking stability and space over flash. It suits a family or couple who want a reliable home in a community where values are steady. It’s a sensible choice for those who prioritize a larger yard for children or gardening and appreciate a home that is neither the oldest nor the newest on the block, potentially striking a good balance between modern amenities and established infrastructure.
Frequently Asked Questions
1. Is this home a good value compared to others nearby?
The data suggests it is very typical for its immediate area. Its assessed value and living area are both around the average for Brixton Bay and River Park South. Its value proposition comes from its larger-than-average lot and slightly newer construction year compared to the Winnipeg average.
2. What does the sold price history indicate?
It last sold in August 2017 for an estimated price between $300,000 and $350,000. This historical data can provide context for market appreciation, but for exact sale figures and a full history, you need to request a manual lookup from the site via email.
3. How does the lot size compare?
The lot is a key feature. At over 6,000 sqft, it ranks in the top 22% on its own street and top 23% in the neighborhood, meaning you’re getting more land than most comparable local properties.
4. Is the living space small for the area?
Not at all. At 1,591 sqft, the living area is almost identical to the street average and is actually above the average for the entire city of Winnipeg. It offers a comfortable size that fits the neighborhood norm.
5. Why is the city-wide assessed value ranking higher than the local one?
While the home’s assessed value is average for its street and neighborhood, it ranks in the top 35% city-wide. This indicates that for its size and age, it holds a stronger value position across all of Winnipeg compared to many other homes, partly due to the generally lower average assessed value ($390.1K) across the broader market.