Property Overview: 59 Montclair Bay
This home presents a balanced and practical offering in Winnipeg's Waverley Heights community. Built in 1976, it features 1,120 sqft of living space on a 5,773 sqft lot, with a municipal assessed value of $393,000. The key appeal lies in its position as a solid, mid-century home that offers relative value within its immediate neighborhood, especially for those prioritizing lot size and a well-established streetscape over sheer interior square footage.
Section 1: Key Characteristics & Appeal
The property’s primary characteristic is its sense of equilibrium. While its living space is below the average for Montclair Bay street, its lot size is competitive, and its 1976 build year is notably newer than most on its specific block. This suggests a home that may have seen updates over time and sits on a generous parcel for the area.
Its appeal is grounded in value and stability. The tax assessment is lower than the street average, which could indicate a potentially lower property tax burden relative to nearby homes, an important but often overlooked financial consideration. It suits first-time buyers or downsizers looking for a manageable footprint in a mature neighborhood without paying a premium for the largest home on the block. It would also appeal to a value-conscious buyer who sees potential in the lot size and appreciates a home that is newer than many of its direct neighbors, possibly implying fewer immediate major repairs.
Section 2: Frequently Asked Questions
1. Is the living space smaller than other homes nearby?
Yes, at 1,120 sqft, the interior living space is below the average for Montclair Bay street (1,280 sqft). However, it is very close to the average for the wider Waverley Heights community (1,239 sqft).
2. How does the property tax assessment compare?
The assessed value of $393,000 is lower than the street average of $428,000. This often correlates with lower property taxes, but the final tax bill also depends on the municipal tax rate.
3. What does the 1976 build year mean for this home?
Built in 1976, this home is newer than most on its specific street, ranking in the top 3%. In the broader context of Winnipeg, its age is close to the city average for comparable homes.
4. How does the lot size compare?
The 5,773 sqft lot is slightly below the street average but is actually slightly larger than the average lot in the Waverley Heights community. It provides a balanced outdoor space typical for the area.
5. Where does this property rank overall in its neighborhood?
The rankings show a mixed profile: it scores very well for its newer build year on its street, while its living space and assessment value rank lower on the same street but closer to averages in the wider community and city. This indicates a property that is a very typical offering for the larger area, with specific advantages on its immediate block.