Property Overview: 693 Bardal Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 693 Bardal Bay in the Rossmere-A neighborhood presents a compelling case as a well-positioned property within its immediate community. Built in 1960, it is actually one of the newer homes on its street, offering a slight modern edge over direct neighbors. With 1,056 sqft of living space, it is comfortably above average for Bardal Bay, providing more room than most comparable homes on the block.
The standout feature is its assessed value of $378k, which ranks in the top 3% on its street and top 13% in Rossmere-A. This suggests it is perceived as a higher-quality or better-maintained home than many around it, potentially due to upgrades or its specific location. The lot size is slightly smaller than area averages, which may translate to less yard maintenance.
Its appeal lies in being a strong, above-average property on a street of similar homes, offering a sense of value and standing within a stable, established neighborhood. It would suit a buyer looking for a move-in-ready home in a mature area without needing the largest lot, and who appreciates a property that already holds a leading value position on its block—a potential indicator of good past investment and a solid foundation for future equity.
Section 2: Frequently Asked Questions
1. What does a high assessed value ranking actually mean?
It means the city’s assessment for this home is among the highest on its street and in the wider neighborhood compared to similar properties. This typically reflects factors like lot desirability, home condition, improvements, and size. It can indicate a premium property in its context, but it's not a direct market price.
2. How does the living area compare practically?
At 1,056 sqft, it offers more space than the typical home on Bardal Bay (~1,009 sqft) but is slightly below the neighborhood average. This points to a home that is spacious for its immediate surroundings, likely feeling roomy compared to next-door neighbors, but fairly standard for the broader area.
3. The home was last sold in 2017. What can we infer?
The sold price range from 2017 ($300k-$350k) and the current high assessed value suggest significant appreciation over seven years. This indicates a strong trajectory for the property’s value, likely outpacing many neighbors during that period.
4. The lot is noted as "below average" for the neighborhood. Is this a concern?
The lot is about 12% smaller than the Rossmere-A average. For some, this means less yard work and a more manageable outdoor space. For others seeking a large garden or expansive outdoor area, it could be a limitation. It’s worth considering how you intend to use the outdoor space.
5. How reliable are the "sold price" figures shown?
The site states these figures are based on publicly available internet data, not the MLS, and are presented as broad price bands. For fully verified and exact historical sale prices, you must request a manual lookup from the site providers, as they do not have access to official MLS sales records.