Property Overview
92 Bret Bay presents a compelling opportunity in Winnipeg's Rossmere-A neighborhood. Its appeal lies in a specific blend of value, space, and location that stands out when examined closely.
Key Characteristics & Appeal
This 1974-built home offers 1,200 sqft of living space, which is notably larger than most on its street and in the immediate neighborhood. The lot size of 3,991 sqft is also above average for Bret Bay. The most striking feature is its assessed value of approximately $301k. While this is around the citywide average, it ranks in the top 3% on its own street, suggesting it is a higher-value home within a very affordable enclave. This creates a dynamic where the property feels premium on its block but remains accessibly priced within the wider market.
The home would suit practical, value-conscious buyers. It's ideal for someone seeking more interior space without a corresponding spike in property taxes or purchase price, which its below-average neighborhood assessment indicates. It also fits buyers who prioritize a strong position on a specific street over the prestige of the broader neighborhood. The sales history shows significant appreciation between 2019 and 2022, indicating it has been a solid investment in recent years.
A less obvious perspective is that this property represents a "big fish in a small pond" scenario. Owners benefit from one of the largest and most valuable homes on their block, which can offer a sense of pride and stability, even if the surrounding area isn't the city's most exclusive. The trade-off is a smaller lot compared to the rest of Rossmere-A, making it better suited for those who prioritize house size over extensive outdoor space.
Frequently Asked Questions
1. Is this a good value for the money?
The data suggests strong value within its immediate context. Its assessed value is elite for Bret Bay street (top 3%), meaning you get one of the street's best properties without paying a premium associated with more expensive neighborhoods.
2. What does the sales history tell us?
The home sold between $300k-$350k in April 2022, a significant increase from its $200k-$250k sale price in May 2019. This indicates robust appreciation over that three-year period.
3. How does the lot size compare?
At 3,991 sqft, the lot is above average for Bret Bay but below average for the larger Rossmere-A neighborhood. This means decent outdoor space for the street, but less yard than many typical homes in the wider area.
4. Who are the comparable neighbors?
Nearby homes on Bret Bay and Edelweiss Crescent, built in the 1970s with similar living area, have assessments ranging from $253k to $275k. 92 Bret Bay's $301k assessment is at the top end of this local group, confirming its premium standing on the block.
5. How can I learn more about the exact sale price or see more data?
The exact sold prices are not publicly displayed in the detailed records. You can request this information directly via the provided email contact on the listing page for a manual reply.