Property Overview
62 Jewett Bay presents a solid, well-established home in Winnipeg's River West Park neighborhood. Built in 1976, it offers a balanced profile that appeals to buyers seeking a practical and comfortable living space without extremes. Its appeal lies in its consistency: it is a home that performs reliably across key metrics when compared locally and citywide, offering a sense of stability and predictable value.
Key Characteristics & Ideal Buyer
This home features 1,592 sqft of living space on a 6,602 sqft lot, with an assessed value of $468k. The data reveals a thoughtful perspective: while the home is around average for its immediate street and neighborhood in terms of size and value, it stands above the Winnipeg citywide average. This positions it as a competitively sized property in a broader context, likely offering more space than many typical city homes. The lot size follows a similar pattern, providing a generous urban yard compared to many across Winnipeg.
Its appeal is grounded in offering a proven, established community feel without the premium often attached to newer or more standout homes on the street. It recently sold in the $500k-$550k range, placing it in the top third of sales locally. This home would suit a buyer who prioritizes a move-in-ready, no-surprises property in a mature neighborhood. It's ideal for those who value space and a settled streetscape over a cutting-edge renovation or a bargain fixer-upper. It represents a sensible, long-term family home rather than a speculative investment.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The home is consistently around the median for its specific street and the broader River West Park neighborhood in terms of living area, lot size, and assessed value. Its standout feature is that it surpasses Winnipeg city averages, meaning you get more home and land here than in many other parts of the city.
2. What does the sold price range indicate about its market value?
The recent sale in the $500k-$550k range placed it in the top 33% of sales on Jewett Bay and the top 13% citywide for that period. This suggests it commanded a price above its assessed value, reflecting strong market demand for well-positioned homes in this area.
3. Is the 1976 build year a concern?
The year built is typical for the street and neighborhood. While not a new build, it is newer than the Winnipeg city average. Buyers should anticipate standard maintenance and potential updates common for homes of this era, but it is not an outlier in its community.
4. How does the lot size impact the property?
At 6,602 sqft, the lot is above the citywide average, offering good outdoor space. It is slightly smaller than the average lot on Jewett Bay itself, but still provides ample room for a garden, play area, or additions, which is a valuable asset within city limits.
5. Where can I get verified sale price history?
The site notes that exact sold prices are not displayed publicly due to industry rules. You can request the exact sale history via email from the provider, who will perform a manual lookup and send the information directly to you.