Property Overview: 50 Galaxy Way, Winnipeg

Section 1: Key Characteristics & Appeal

This well-situated home on Galaxy Way presents a compelling blend of space, vintage, and value. Built in 1987, it is a newer property compared to many in Winnipeg, potentially meaning fewer major age-related concerns. Its primary appeal lies in its generous proportions: at 1,912 sqft, the living space is notably larger than most homes in the city, and it sits on a substantial 7,412 sqft lot that offers ample outdoor space and ranks well above average for the neighborhood.

The home’s assessed value is positioned as average for its immediate street and area, but is in a higher tier city-wide, suggesting you get more house for your dollar in this location compared to the broader market. It last sold in the $450k-$500k range in 2022. This profile suits practical buyers looking for room to grow without a premium price tag—ideal for families, those who value larger private lots, or anyone seeking a home where the interior space is a standout feature compared to local and city norms. It’s a property that offers solid fundamentals over flash, appealing to those who prioritize space and lot size within a established community.

Section 2: Frequently Asked Questions

1. How does the home’s size compare to its neighbors?
Very favorably. With 1,912 sqft of living area, this home is in the top 30% on its own street and the top 13% city-wide, meaning it offers significantly more interior space than the typical Winnipeg home.

2. What does the assessed value tell me about this property?
It indicates a balanced value proposition. The assessment is around average for the Leila-Mcphillips Triangle area, but ranks in the top 31% across all of Winnipeg. This often suggests the home provides good value relative to the overall market, potentially offering more features or space for a similar price point found in other districts.

3. Is the lot size a significant feature?
Yes. The 7,412 sqft lot is a key asset, placing in the top 20% on Galaxy Way and the top 14% in Winnipeg. This offers excellent outdoor potential, from gardening to recreation, and is a less common find in many city neighborhoods.

4. The home was built in 1987. What should I consider?
While newer than the city’s median home age, a 1987 build is entering a period where some original components (like roofing, windows, or major systems) may be due for inspection or updates. This isn’t unusual, but it’s a prudent factor to budget for.

5. How can I find out the exact past sale price?
The precise sold price is not publicly displayed. The listing service provides a range ($450k-$500k for the 2022 sale) and offers to manually send the exact figure via email upon request, at no cost and without marketing spam.