Property Overview: 7 Lerwick Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 7 Lerwick Bay in the Rossmere-A neighborhood presents a solid, mid-century property with balanced metrics. Built in 1960, its 1,280 sqft living area and $362,000 assessed value are both very close to the Winnipeg averages, indicating a typical, manageable family home. The standout feature is its 6,929 sqft lot, which is notably larger than most in both the community (top 12%) and the city (top 18%), offering valuable outdoor space.
The appeal lies in its established neighborhood setting and proportional balance. It’s not an outlier in any category but offers a well-sized lot in a community where that is a premium. It suits practical buyers looking for a home without extreme peaks or valleys in its profile—perhaps first-time homeowners seeking room to grow, or downsizers wanting a manageable house with a generous yard. A thoughtful perspective is that its "average" size and value relative to the city might translate to lower renovation and utility costs compared to larger, older character homes, while the lot size provides a long-term asset that is increasingly scarce.
Section 2: Frequently Asked Questions
1. How does this home compare to others on its street?
On Lerwick Bay itself, the home is middle-of-the-road. Its living area and assessed value rank 4th out of 7 homes, while its lot size is slightly below the street's average. It is a very typical home for this specific street.
2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($362,000) is for tax purposes. Market conditions ultimately determine sale price. Notably, a nearby, very similar home at 8 Kirkwall Crescent has a nearly identical assessment ($360,000), which can serve as a useful benchmark.
3. What does the lot size ranking actually mean for me?
While the lot is smaller than others on Lerwick Bay, it is significantly larger than typical lots in the broader Rossmere-A community. This means you likely get more private outdoor space than many of your neighbors in the area, which is a key advantage.
4. The home was built in 1960. What should I consider?
A home of this age will likely have had several updates over the decades. A thorough inspection is essential to understand the current condition of major systems like plumbing, electrical, and the foundation, and to identify any original features that may need modernization.
5. How can I find out the exact historical sale price?
The page indicates that precise sale history is not publicly displayed due to industry restrictions. You are directed to contact the site operator via email to request this information manually, which they promise to provide without marketing spam.