Property Overview: 54 Bayview Place, Winnipeg

Key Characteristics & Appeal

This one-storey home at 54 Bayview Place in Kildare-Redonda presents a compelling blend of established comfort and relative value. With 988 sqft of living space, it sits comfortably around the average for its immediate neighborhood and area, offering a practical layout without being oversized. Its standout features include a renovated basement, a private pool, and a detached garage, catering to a lifestyle oriented toward leisure and utility.

The home’s primary appeal lies in its strong positioning within the local context. While its size is modest by city-wide standards, it ranks exceptionally well in assessed value for both its street and neighborhood, placing in the top 4-7%. This suggests it is perceived as a higher-value property in its immediate community compared to peers. Built in 1971, it is also a newer home relative to others on the street. The lot size is standard for the area, providing adequate outdoor space.

This property would suit a buyer looking for a move-in ready home in an established area, who values amenities like a pool and renovated basement for family living or entertaining. It’s particularly suited for those who prioritize investment within a specific community—where the home holds above-average standing—over seeking maximum square footage city-wide. It’s a practical choice for downsizers or first-time buyers wanting a manageable footprint without sacrificing key amenities.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home’s assessed value is $37.70k. The last recorded sale was in October 2017, with a public price range of $29.50k-$32.50k. The current assessment is significantly higher, indicating a substantial increase in its appraised value over the past several years.

2. Is the living space sufficient for a growing family?
At 988 sqft (plus a renovated basement), the living area is around the neighborhood average. It offers practical space for a small to medium-sized family, with the basement and outdoor pool area providing crucial additional room for recreation and living.

3. What does the "Elite" or "Top %" ranking mean for the assessed value?
These rankings show how this property compares to others. An "Elite" (Top 4%) ranking in Kildare-Redonda for assessed value means this home is valued higher than 96% of comparable properties in the neighborhood, suggesting it has features or a desirability that outpaces most local homes.

4. What are the implications of the detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the main house's layout. However, it requires going outdoors to access, which is a consideration during Winnipeg winters.

5. The home is newer than most on the street. Why is that important?
Being built in 1971 (ranked in the top 3% on its street for year built) often implies potentially fewer immediate concerns with aging infrastructure found in older homes, like original plumbing or electrical. It may reflect updates or a build quality consistent with a later era of construction in the area.