111 Brotman Bay

Property Overview

This 870 sqft bungalow at 111 Brotman Bay in Winnipeg's River Park South neighborhood presents a straightforward, entry-level opportunity in a well-established area. Built in 1985, the home sits on a standard 4,773 sqft lot and carries a municipal assessed value of $381,000. Its appeal lies in its relative affordability and positioning within a mature community, offering a practical starting point rather than luxury. The home last sold in 2019 for an estimated $300,000–$350,000.

Key Characteristics & Ideal Buyer
The home's primary characteristic is its modest, efficient size. While its living area is below the neighborhood average, this translates to lower utility costs and less maintenance. Its assessed value is very close to the street average, suggesting it is priced appropriately for its immediate surroundings. A key, less obvious perspective is its "middle-of-the-pack" standing: it isn't the newest or largest on the block, but it also isn't an outlier in terms of value, which can indicate stability and reduce the risk of overpaying compared to immediate neighbors.

This property would best suit first-time homebuyers, downsizers, or investors seeking a manageable, no-frills property in a family-oriented neighborhood. It’s for those who prioritize getting into the market in a stable area over finding a spacious or recently updated home. The compact layout demands smart space utilization, appealing to buyers comfortable with a cozy footprint.

Frequently Asked Questions

1. Is this home smaller than others in the area?
Yes. At 870 sqft, the living area is below the average for both the River Park South neighborhood (1,410 sqft) and the city overall. However, it is closer to the average for its specific street (1,052 sqft).

2. How does the assessed value compare to nearby homes?
The $381,000 assessment is almost exactly the average for Brotman Bay street ($386k). It is below the broader neighborhood average but aligns closely with the Winnipeg citywide average for comparable homes.

3. When was it last sold, and for how much?
Records indicate it sold in May 2019. The publicly available sold price range is CA$300,000–$350,000. For verified, exact historical sale figures, a manual lookup can be requested from the site.

4. What is the year built, and how does that compare?
The home was built in 1985. This is newer than the average Winnipeg home (1966) and is above average for its street, placing it in the top 23% of homes on Brotman Bay by age.

5. Are the sold prices and rankings on this page from the MLS?
No. The sold price data is compiled from publicly available sources, not the MLS. The comparative rankings (e.g., "Top 64%") are analytical tools based on this public data, designed to show how the property measures against peers in different geographic scopes.