Property Overview
130 Brixton Bay is a well-established home in Winnipeg's River Park South neighborhood. Built in 1985, it offers 1,603 square feet of living space on a 4,902 square foot lot, with a current assessed value of $440,000. The home presents a solid, middle-of-the-road option in its immediate area, but stands out more favorably when compared to the broader Winnipeg market.
Key Characteristics & Appeal
This home’s primary appeal lies in its proven stability and efficient use of space. The living area is consistently above average compared to the city as a whole, offering more interior room than about 75% of similar Winnipeg homes. While the lot size is slightly smaller than others on Brixton Bay, it remains on par with the neighborhood average, suggesting a lower-maintenance yard without sacrificing typical community standards.
It would suit practical buyers looking for a move-in ready home in a mature neighborhood. The data indicates a history of steady, reliable value rather than dramatic appreciation, making it a sensible choice for long-term owners, young families seeking established communities, or downsizers who still want ample living space without an oversized property. Its consistent "around average" rankings at the street and neighborhood level suggest it fits seamlessly into the area without standing out negatively, offering a low-risk purchase in a known quantity.
Frequently Asked Questions
How does this home’s value compare to recent sales?
The home sold in October 2023 for between $350,000 and $400,000. Its current assessed value of $440,000 is above the citywide average, indicating a formal valuation that has risen since the last sale.
Is the lot size a disadvantage?
The lot is smaller than most on its specific street but is typical for the wider River Park South area. This could mean less yard maintenance, which some buyers may prefer, but may offer less private outdoor space than immediate neighbors.
How does its age affect its value?
Built in 1985, the home is newer than most comparable properties across Winnipeg and is above average for its street. This suggests potentially fewer issues with outdated major systems than older city homes, while still being part of a well-established neighborhood fabric.
What does the assessed value ranking tell me?
The assessment is above average city-wide but around average for the neighborhood. This often indicates a fairly priced home that shouldn’t be over-assessed relative to its local market, providing a stable base for property taxes.
Where can I get exact historical sale prices?
The site provides sold price ranges. For precise figures and a full transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS.