Property Overview: 7 Durness Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Durness Bay in the Rossmere-A neighborhood presents a solid, middle-of-the-road offering with a few standout features. Built in 1959, its 1,157 sqft living space is typical for the immediate street but slightly above the neighborhood average. The assessed value of $352k is competitive, ranking above average for Rossmere-A.
The primary appeal lies in its generous 6,631 sqft lot, which is notably larger than most in the neighborhood and across Winnipeg. This offers valuable outdoor space and potential not found in many comparable properties. The home’s metrics suggest it is a stable, established property in a mature community, without extreme highs or lows in its core attributes.
This property would best suit practical buyers looking for a manageable-sized home with a premium lot size for gardening, recreation, or future expansion. It’s a fit for those who value space over a modern or recently built structure, and for buyers seeking a home that aligns closely with neighborhood averages in value and size, minimizing the risk of overpaying.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to recent sales?
Based on available data, a home on this street sold between $350k-$400k in August 2022, which placed it in the top 25% of street sales and top 13% for the area at that time. This suggests a history of strong value retention in this location.
2. Is the lot size a significant advantage?
Yes. The lot is substantially larger than the Rossmere-A average (5,685 sqft) and above the citywide average, placing it in the top 20% in Winnipeg. This is a key differentiator for outdoor space and is less common in this price range.
3. Are the home’s size and age a concern?
The living area is slightly below the street average but above the neighborhood average, indicating a standard size for the area. The 1959 build date is typical for the street and slightly older than the city average, so buyers should budget for maintenance consistent with a home of this era.
4. What is the neighborhood context for value?
The home’s assessed value ranks in the top 27% within Rossmere-A, meaning it is considered above average for the neighborhood. This can be a positive indicator for stability, though it may also reflect the premium lot size.
5. How can I verify the exact historical sale price?
The site provides sold price ranges for reference. To obtain fully verified, exact sale figures from the transaction history, you must request a manual lookup via email, as this data is not sourced from the MLS system.