Property Overview
This 1,168 sqft bungalow at 5 Kinbrace Bay in Winnipeg's Rossmere-A neighborhood presents a solid, above-average offering within its immediate area. Built in 1959, it sits on a 6,575 sqft lot and has a current assessed value of $383,000.
Key Characteristics & Appeal
The primary appeal of this home lies in its strong positioning within the local context. Its living area and assessed value rank notably above average for both its street and the wider Rossmere-A neighborhood, suggesting it is a well-sized and well-regarded property among its closest peers. While the lot size is slightly smaller than others on Kinbrace Bay, it remains larger than most lots in the neighborhood and across Winnipeg, offering good outdoor space.
This property would suit practical buyers looking for a established home in a stable community. It’s ideal for someone who values being above the local average in terms of space and value without venturing into the premium citywide market. The data suggests a home that has been maintained or valued in line with, or slightly ahead of, its immediate surroundings, offering a sense of relative security and investment.
Frequently Asked Questions
1. How does this home’s value compare to recent sales on the street?
The home last sold between $300k-$350k in July 2017. Its current assessed value of $383k is above the street's average, indicating perceived growth or improvements since that last sale.
2. Is the lot size a disadvantage?
While the lot is slightly below the average for Kinbrace Bay itself, it is still above average for the Rossmere-A neighborhood and the city. It provides ample yard space for a typical family home.
3. What does the "around average" citywide ranking mean?
For features like living area and assessed value, the home ranks near the middle (53rd and 43rd percentile, respectively) when compared to all Winnipeg. This indicates it is a very typical Winnipeg property at the city level, with its standout qualities being more localized.
4. The home was built in 1959. Should I be concerned?
The build year is typical for the street and neighborhood. Any home of this age will require a thorough inspection for updates to major systems like plumbing, electrical, and the roof, which is a standard consideration.
5. Can I find out the exact historical sale prices?
The provided sales data shows a range. You can request the exact sale figures by email through the listing platform, which manually retrieves this information from public records.