Property Overview: 291 Marshall Bay, Winnipeg

Key Characteristics & Appeal

This home presents a compelling blend of established value and generous outdoor space. Its primary standout feature is the large, 11,553 sqft lot, which ranks in the top 4% citywide and offers significant potential for gardening, expansion, or simply enjoying ample private space—a rarity in many neighbourhoods. Built in 1959, the house itself is of a mature, solid vintage common to the area. With 1,056 sqft of living area, it provides a comfortable footprint that is squarely average for its immediate street and the wider city, suggesting a practical, no-fuss layout.

The appeal lies in its clear value proposition. The assessed value is notably high for its specific street and Maybank area (ranking in the top 2-4%), indicating that official valuations recognize its substantial lot and position. However, when viewed citywide, this assessment becomes more moderate (top 24%), hinting that it may represent a relatively strong asset in its local market without an excessive city-level price tag. This property would suit a buyer who prioritizes land over a large or modernized house—perfect for someone with a vision for the outdoors, seeking a stable investment in a mature neighbourhood, or looking for a home with "good bones" and the space to customize over time.

Frequently Asked Questions

1. Why is the assessed value so high compared to neighbouring homes?
The assessed value is likely elevated due to the property's exceptionally large lot size, which is a major factor in municipal valuation. It ranks 3rd highest of 124 on Marshall Bay for this reason.

2. What does the sold price history indicate?
Public records show it last sold between CA$350k–400k in 2016. This range was above-average for the street at the time, further underscoring the premium for the lot.

3. Is the house smaller than average?
The living space is around the citywide average. It is slightly below the average for similar homes on Marshall Bay itself, meaning the home's value is driven more by its land than its interior square footage.

4. What are the implications of a 1959 build date?
Built in 1959, the home is older than about 77% of properties on its street. Buyers should budget for updates consistent with a home of this age and consider a thorough inspection for systems like plumbing, electrical, and the roof.

5. How can I get the exact past sale price?
The exact sale price is not publicly listed. You can request it directly via the email button on the listing page; the service provider manually supplies this detail upon request.