Property Overview: 117 Luzon Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 117 Luzon Bay presents a compelling blend of modern build quality and established neighborhood value. Built in 2018, it is notably newer than most Winnipeg homes and is the newest comparable property on its own street. With 1,720 sqft of living space, it offers ample room and sits above the city-wide average, though it is slightly more modest compared to some larger homes in the immediate area.
The property’s primary appeal lies in its strong position within broader markets. Its assessed value of $631,000 ranks well above average for both Winnipeg and the Rosser-Old Kildonan neighborhood, suggesting a solid investment in a desirable area. The lot size of over 6,000 sqft is generous for the street, offering good outdoor space.
This home would suit buyers seeking a relatively new build without being in a brand-new subdivision, preferring a home that has settled into a mature community. It’s ideal for those who value a modern structure with less immediate concern for major repairs, and for investors or owners attentive to strong city-wide valuation metrics. A thoughtful perspective is that while the home is newer on its street, it sits in a neighborhood with a wide range of home ages, offering a blend of established greenery and contemporary construction.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to its neighbors?
At 1,720 sqft, the living area is slightly below the average for Luzon Bay street but remains above the average for both the city of Winnipeg and the Rosser-Old Kildonan neighborhood as a whole.
2. What does the assessed value indicate?
The $631,000 assessment is above average for the neighborhood and ranks in the top 6% city-wide, indicating the property is considered a high-value home within the broader Winnipeg market.
3. When was it last sold and for approximately how much?
Public records indicate a sale in April 2021, with a sold price range between $500,000 and $550,000. Exact figures require a manual lookup from the provider.
4. Is the lot size typical?
The 6,026 sqft lot is larger than the average lot on Luzon Bay, providing more outdoor space than many direct neighbors.
5. How does the year built affect its appeal?
Built in 2018, it is a modern home that is newer than 96% of comparable properties across Winnipeg. This suggests newer major systems (like roof, HVAC) and potentially lower maintenance costs in the near term.