Property Overview

This home at 77 Thorncliff Bay in Winnipeg's Linden Woods neighbourhood presents a specific and compelling value proposition. Built in 1984, it sits on a generous 6,568 sqft lot and offers 1,862 sqft of living space. The data reveals a home that stands out for its above-average living area and lot size compared to the wider city, while its assessed value is notably lower than many of its immediate neighbours on Thorncliff Bay. This creates an interesting dynamic of more space for the money in a desirable area. The property last sold between $400k-$450k in 2017.

Key Characteristics & Appeal

The primary appeal of this property lies in its value-oriented position within Linden Woods. It offers the established neighbourhood prestige, mature landscaping, and larger lot size that define the area, but at an assessed value that ranks in the bottom third of its own street. This suggests an opportunity for a buyer looking to enter this neighbourhood who is comfortable with a home that may require updates or personalization. The living space is notably spacious compared to the Winnipeg average, and the lot provides ample outdoor room.

It would suit a practical buyer or family who values location and land size over a turn-key, modernized interior. It's an ideal canvas for someone looking to put their own stamp on a home over time. A less obvious perspective is that a lower assessed value can sometimes translate to relatively lower property taxes compared to neighbouring homes of similar size, which is a long-term financial benefit. This home is for the neighbourhood-focused buyer who sees potential and is motivated by fundamentals like space and location rather than pristine condition.

Frequently Asked Questions

1. Why is the assessed value lower than many neighbours?
While the exact reasons aren't specified, a lower assessment on a street of similar homes often relates to the home's interior condition, specific layout, or features that haven't been updated to the same degree as others. It's a key point to investigate during a viewing.

2. What does the "above average" city-wide ranking for living area mean?
It means that at 1,862 sqft, this home offers more living space than approximately 85% of all homes in Winnipeg. This highlights that you are getting a significantly spacious property in the broader market context.

3. Are the sold prices shown the exact prices?
No. The listed sold price (e.g., CA$400k–450k for 2017) is a range based on public data. To obtain the exact historical sale price, you must request it directly from the site via email.

4. What is the significance of the "Year Built" ranking?
The home was built in 1984, which ranks it as newer than 93% of homes on its street (Top 7%). This indicates that while the neighbourhood is established, this property is among the more recent builds on the block, potentially implying somewhat newer construction materials or styles for the area.

5. How should I interpret the different rankings for "Same street" vs. "City-wide"?
They provide context. The "Same street" ranking shows how the property compares to its direct neighbours, often influencing immediate market value. The "City-wide" ranking shows how it stacks up against the entire Winnipeg market, which can highlight its broader appeal or advantages, such as its notably larger-than-average living space.