Property Overview
50 Becontree Bay is a modest, single-family home in Winnipeg's River Park South neighborhood. Built in 1987, it features 870 square feet of living space on a roughly 5,500 square foot lot, with a current assessed value of $353,000.
Key Characteristics & Appeal
This home’s primary appeal lies in its position as an accessible entry point into a stable, established neighborhood. While its living space is notably smaller than most homes on its street and in the area, this translates to a lower price point and assessed value. It sits on a reasonably sized lot that is consistent with the neighborhood average, offering outdoor space potential. The year of construction is slightly above average for Winnipeg, suggesting a home from a known era of construction standards.
It would best suit first-time buyers, downsizers, or investors seeking a lower-cost holding in a mature suburb. Its value is fundamentally pragmatic: it provides ownership in a convenient location without the premium of a larger, modernized home. A thoughtful perspective is that this property represents the "baseline" of the neighborhood—it allows one to get into the area and potentially add value through updates or an addition over time, a project that might be more feasible here than on a smaller lot.
Frequently Asked Questions
1. Why is the living area significantly smaller than nearby homes?
This is a compact, traditionally sized bungalow or similar style from the late 1980s. Many neighboring properties have been built larger or expanded over time, making this one of the more original floor plans on the block.
2. How does the assessed value compare to recent sale prices?
The home last sold between $300,000 and $350,000 in early 2020. Its current assessed value of $353,000 is below the street and neighborhood averages but aligns closely with that recent sale range and the citywide average.
3. Is there room to expand the home?
The lot size is near the neighborhood average, so there is likely some physical space for an addition, subject to local zoning bylaws and setback requirements. This could be a key consideration for a buyer looking to increase living space.
4. What does the "Top %" ranking mean for the year built?
A ranking in the "Top 30%" for year built on its street means it is newer than 70% of comparable homes on Becontree Bay. This indicates it's one of the more recently built homes on the street, though the practical age difference from the average (1987 vs. 1989) is minor.
5. How can I get the exact historical sale price?
The website provides sold price ranges for non-members. To receive the exact sale figures and full transaction history, you must request a manual lookup via email from the service, as they do not have access to or display MLS sales records.