Property Overview

39 Filkow Bay is a well-established home in Winnipeg's Mandalay West neighbourhood. Built in 1981, it offers 1,630 sqft of living space on a 5,819 sqft lot. Its recent sold price range (2023) was between $400,000 and $450,000, with a current assessed value of $39,700.

Key Characteristics & Appeal

This home presents a practical opportunity in a mature area. Its key appeal lies in its above-average living space for both the neighbourhood and the city, offering more room than many comparable properties. The lot size is solid and typical for the area. The assessed value is notably lower than many on its immediate street, which could indicate potential value relative to its neighbours, but it also reflects the home's older vintage. It suits buyers looking for a spacious layout in a settled community without a premium price tag, and who are comfortable with a home from the early 1980s that may require updates. A thoughtful perspective is that while it ranks lower on its own street for year and assessed value, it holds its own or excels in broader comparisons, suggesting it's a competitively sized property in a desirable location.

Frequently Asked Questions

1. Why is the assessed value so much lower than the recent sold price?
Assessed values for tax purposes often lag behind current market values. The 2023 sale price reflects what a buyer recently paid in the open market, while the assessment is an older valuation used for calculating property taxes.

2. How does the age of the home (1981) affect things?
A home of this age is likely to have undergone various updates. Buyers should budget for potential modernizations of major systems like roofing, windows, or HVAC. On the positive side, homes from this era often feature larger room sizes and lot dimensions than newer builds.

3. The home ranks low on its street for year built and value. Is that a concern?
This indicates the immediate street may have newer or more highly valued homes. It doesn't necessarily reflect the condition of this specific property, but it does mean this home could be one of the more affordable entry points into that particular streetscape.

4. What does "Top 48%" for living area on the street mean?
It means this home's living area is larger than 48% of the 31 comparable homes on Filkow Bay. In simpler terms, its interior space is just slightly above the mid-point for its direct neighbourhood.

5. How can I find out the exact sold price?
The exact sold price is not publicly displayed. As noted on the detail page, you can request it by email from the service. They provide the accurate figure manually and state they do not use the contact for unsolicited marketing.