Property Overview: 11 Luzon Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 11 Luzon Bay is a modern, above-average property built in 2017. Its primary appeal lies in its generous and efficient use of space. With 2,366 sqft of living area, it ranks in the top 4% of homes city-wide for size, offering significantly more room than the typical Winnipeg house. This is achieved on a standard urban lot, suggesting a well-designed floor plan that maximizes the footprint.
The property’s assessed value of $734k places it firmly among the elite tier in its neighborhood and city, indicating a premium home for the area. It suits buyers looking for a relatively new build with modern amenities, who prioritize interior space over expansive yard size. It’s an ideal fit for professionals or families seeking a move-in-ready home in a established area, offering a balance of contemporary living within a community of varied home ages and values. A thoughtful perspective is that while the lot is slightly smaller than some on its street, this often translates to lower maintenance, allowing owners to enjoy the substantial interior space without the upkeep of a large yard.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare?
The living area is a standout feature. It is approximately 1,000 sqft larger than the average Winnipeg home and ranks in the top 4% city-wide, offering elite-level space for its market.
2. Is the assessed value in line with the neighborhood?
Yes, and it exceeds it. The $734k assessment is in the top 3% for the Rosser-Old Kildonan neighborhood, meaning it is valued among the area's most premium properties.
3. What can the 2017 sale price tell me?
The home sold for between $500k-$550k in 2017. Comparing that to its current $734k assessment can provide insight into market appreciation, but for exact historical sale figures, a manual lookup is required through the site.
4. Is the lot size a drawback?
The lot is slightly below the street average but is typical for newer urban developments. It represents a trade-off: less land maintenance for more interior living space, which may be preferable for many modern buyers.
5. How modern is this home compared to others nearby?
Built in 2017, it is newer than over 95% of homes in Winnipeg. On its street, it is about average age, situating it in a pocket of relatively recent construction within the broader, older neighborhood.