Property Overview & Key Characteristics
This modern, one-storey home in South Pointe offers a blend of low-maintenance living and solid investment metrics. Built in 2020, it is a newer property in a well-established neighbourhood, featuring a renovated basement and an attached garage on a generous 7,085 sqft lot.
Its primary appeal lies in its strong positional value. The data indicates it ranks highly against its peers—it’s newer than 97% of homes in Winnipeg and has an assessed value in the top 2% citywide. This suggests a premium, well-regarded property within its area. The home suits buyers seeking a move-in ready, modern bungalow without the wait of new construction, particularly empty-nesters, small families, or professionals who value single-level living and a sizable, usable yard. A thoughtful perspective is that while the living area is comfortable, its standout features are the lot size and the property’s relative newness, offering a long-term foundation in a mature neighbourhood.
Frequently Asked Questions
1. What does the high assessed value ranking actually mean?
It means this property’s municipal assessment is higher than 98% of all homes in Winnipeg. This typically reflects the desirability of its location, lot, and modern build, but it’s important to note that assessed value is for taxation and isn’t a direct market price.
2. Is the living space smaller than others on the street?
The data shows the living area ranks in the top 17% on its street, meaning it is larger than most. The "top 83%" reference for the street indicates that 83% of homes on the street are smaller, which is a positive.
3. Who would this property not be ideal for?
It may not suit buyers requiring extensive above-grade square footage or multiple bedrooms on one level, given its bungalow design. Those seeking an older home with classic character or a property with a pool would also need to look elsewhere.
4. How does the lot size compare?
At over 7,000 sqft, the lot is substantially larger than average, ranking in the top 16% in Winnipeg. This is a significant asset, offering ample outdoor space rarely found in newer subdivisions.
5. What is the neighbourhood context of South Pointe?
South Pointe is an established area with mature amenities. This home offers a modern dwelling within that stable context, providing newer construction benefits without being in a brand-new, still-developing community.