Property Overview: 127 Brotman Bay, River Park South, Winnipeg
Key Characteristics & Appeal
This 870 sqft bungalow, built in 1985, presents a practical entry point into Winnipeg’s River Park South neighborhood. Its key appeal lies in its relative value and positioning. With an assessed value of $363k, it sits below the neighborhood average, offering a more accessible price in a stable area. The home is notably newer than many city-wide comparables, which can suggest fewer immediate concerns with aging infrastructure.
The property suits first-time buyers or downsizers seeking a manageable footprint without a major renovation project. Its below-average lot size (4,272 sqft) translates to less yard maintenance—a perk for those seeking simplicity. While the living space is compact compared to area norms, this efficiency aligns with a lower utility burden and a focused lifestyle. The data indicates it’s a home that doesn’t overextend itself relative to its immediate street and broader city context, representing a grounded, functional option rather than a standout luxury purchase.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
Based on available data, the last sale was in February 2021 in the $300k-$350k range. The current assessed value of $363k is below the street’s average assessed value of $386k, suggesting it may be positioned competitively.
2. Is the smaller living area a concern for resale?
While the 870 sqft size is below the neighborhood average, it is close to the average for the specific street (1,052 sqft). This indicates the street itself may have a mix of similarly sized homes, which can be favorable for future valuation comparisons.
3. What does the year built tell us about the property?
Built in 1985, the home is newer than the Winnipeg city average. On its street, it ranks in the top 23% by age, meaning it is one of the newer homes in that direct cluster, which can be a positive for certain building materials and systems.
4. How reliable is the sold price data provided?
The sold price ranges are based on publicly available internet data, not the MLS. For fully verified figures and a complete transaction history, you must request a manual lookup from the site via email.
5. Are there similar homes nearby for comparison?
Yes. The listing provides several nearby references on Brotman Bay and surrounding streets with similar vintage (mid-1980s) and assessed values, offering a clear picture of the local market segment. For example, 90 Brotman Bay is a direct comparison with identical square footage and a similar assessed value.