Property Overview: 74 Mount Auburn Bay, Winnipeg

Key Characteristics & Buyer Profile

This is a well-situated, one-storey home in Inkster Gardens that presents a practical and straightforward living opportunity. Built in 1986, it is newer than many homes in Winnipeg and on its own street, offering a relative advantage in terms of potential building systems and updates. The 1,234 sqft living space and 5,504 sqft lot are consistently average or above-average for the immediate neighbourhood, providing comfortable indoor and outdoor space without being oversized. A key feature is the renovated basement, which adds functional living area. The home includes an attached garage.

Its appeal lies in its position as a solid, middle-ground property in a mature community. It’s not the largest or newest on the market, but it holds its own in direct comparisons, suggesting it represents a stable value within its area. The renovated basement adds immediate utility without the need for a major project. This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in an established area. It’s also a sensible fit for value-focused buyers who prioritize a home that meets neighbourhood standards without a premium price tag, preferring to avoid the risks and costs associated with much older properties.

Frequently Asked Questions

1. How does this home truly compare to others in the area?
The data shows this home is consistently around or above the neighbourhood average for key metrics like size, lot dimensions, and year built. It’s not a standout, but it is a competitive and typical property for Inkster Gardens, meaning it likely won’t feel over-improved or under-sized relative to nearby homes.

2. What does the "renovated basement" likely include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the quality of the finish, the permits pulled for the work, and whether it includes a secondary suite or is simply finished living space, as this significantly impacts value and utility.

3. The assessed value seems low. What does that mean for the selling price?
The municipal assessed value is for taxation purposes and is often lower than market value. The sold price history from 2021 shows a range of $33.5k-$36.5k, but current market conditions will determine the listing price. The assessment suggests the home is not in a high-tax bracket relative to the city.

4. Is the 1986 build year an advantage?
Potentially, yes. Being newer than the city-wide and street averages may mean major components (like roofing, windows, or plumbing) are younger than those in many comparable homes. However, a 40-year-old home will still require a thorough inspection, as some original systems may be nearing the end of their lifespan.

5. Who are the most likely neighbours or buyers for this street?
The listing shows several nearby properties on the same bay, indicating a stable, established street. The similar, modest assessed values of homes in the area suggest a community of homeowners with comparable financial investment, which can contribute to neighbourhood consistency.