Property Summary: 31 Camrose Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This one-storey home in Kildare-Redonda presents a compelling blend of space, location, and value. Its primary appeal lies in its generous 6,816 sqft lot, which ranks in the top 5% of the neighbourhood, offering significant outdoor space and potential in a mature area. The home itself, at 1,008 sqft, is above average for its immediate street and typical for the area. Key features include a renovated basement, a detached garage, and a pool.

The property’s standout characteristic is its elite assessed value within its local context—it ranks in the top 3% on its street and top 2% in Kildare-Redonda—which signals a premium perception by the assessor relative to nearby homes. This suggests significant updates, a prime lot, or a combination of desirable traits not fully captured by square footage alone. Built in 1961, it is a classic Winnipeg bungalow.

This home would suit buyers looking for a established neighbourhood with room to breathe. It’s ideal for someone who values a large, private yard over a massive interior footprint, and for those who see value in homes that are highly regarded within their immediate community. The pool and renovated basement add ready-made recreation space, appealing to families or those who enjoy entertaining.

Section 2: Frequently Asked Questions

1. Why is the assessed value so high compared to nearby homes?
The assessment places this property in the top tier for its street and neighbourhood. This typically reflects substantial improvements (like the renovated basement), premium lot attributes, or a combination of factors that add value beyond basic size and age.

2. How does the living space compare to a typical Winnipeg home?
At just over 1,000 sqft, the living area is slightly below the city-wide average. However, it is above average for its specific street and aligns with the typical size in the Kildare-Redonda area, representing a comfortable size for the neighbourhood's character.

3. What does the sold price history indicate?
Public records show a sale in August 2022 in the $46.5k to $49.5k range. It’s important to note this is a range based on public data; the exact sale price can be requested from the listing source. This past sale provides a recent benchmark, but current market value would be influenced by subsequent market conditions and any further updates.

4. Is the large lot a common feature here?
The lot size is a key advantage. It is significantly larger than the average lot in Kildare-Redonda (top 5%) and above average even city-wide (top 19%), offering more privacy and space than many properties in mature neighbourhoods.

5. What is the context of the "Year Built" ranking?
Built in 1961, the home is of a similar vintage to many on its street. Its ranking as "below average" within the broader neighbourhood simply indicates that Kildare-Redonda has many homes built more recently than the mid-1960s, but the home itself is a well-established part of the area's fabric.