Property Overview & Key Characteristics
This two-storey home at 6 Bayshore Cove in Winnipeg's Southdale neighbourhood presents a solid opportunity on a large, mature lot. Built in 1975, its key appeal lies in its generous 8,227 sqft property—ranking in the top 10% for lot size across Winnipeg—offering significant outdoor space and privacy in a well-established area. The home itself, at 1,791 sqft, is above average in size for its immediate street and neighbourhood. It features an attached garage and a renovated basement, adding valuable finished living space. The assessed value positions it competitively among comparable homes in Southdale.
Its appeal is grounded in space and established community character. It suits buyers looking for a spacious yard for family, gardening, or future expansion, and who value the settled feel of a mature neighbourhood over a brand-new build. It would also be a practical fit for those comfortable with a home of this vintage, seeing the renovated basement as a head start on updates rather than a full renovation project. A thoughtful perspective is that while the home's age is average for the city, the lot size is a standout, non-replicable feature that may hold long-term value as newer developments typically offer smaller parcels.
Frequently Asked Questions
1. How does the home's condition compare to its age?
The listing notes a renovated basement, which is a positive update. As a 1975 build, prospective buyers should anticipate potential updates to other original systems and finishes, common for homes of this era, and are encouraged to seek a professional inspection.
2. Is the large lot a benefit for future expansion?
Absolutely. The lot size is a major asset, offering possibilities for landscaping, outdoor living spaces, or even an addition, subject to local zoning and permit approvals. It provides a level of privacy and space that is increasingly rare.
3. How does this property rank for value in the area?
The home's assessed value sits in the top 30% for the Southdale neighbourhood and top 20% city-wide, suggesting it is viewed as a above-average property within the municipal assessment framework. It is priced closely among similar-sized homes in the area.
4. What is the neighbourhood like?
Southdale is a mature, established neighbourhood. The property rankings show homes on this street and in the area vary in age, size, and value, indicating a diverse, non-uniform community character rather than a newer, subdivision-style feel.
5. What are the utility costs and property taxes likely to be?
While specific costs aren't listed, the home's age (1975) and living area suggest utility costs may be typical for a house of this size and era. Property taxes would be based on the municipal mill rate and the provided assessed value of $48,200.