Property Overview: 34 Sand Point Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 34 Sand Point Bay in The Meadows neighbourhood presents a compelling value proposition centered on its generous lot and established location. Built in 1987, it is one of the older homes on its street, which may appeal to buyers interested in a property with renovation potential or classic character. The primary standout feature is its expansive 7,943 sqft lot, which ranks in the top 10% locally, offering significant outdoor space that is increasingly rare. The 1,230 sqft living area is comfortably average for the city, providing a practical footprint.

Its appeal lies in this land-to-house ratio, offering room for gardens, play, or expansion. The assessed value is consistently above average across all comparison levels, suggesting the property is well-regarded by assessors relative to its peers. This home would suit a buyer who prioritizes yard space over a brand-new build—perfect for families, gardeners, or those planning a future addition. It’s a grounded choice for a practical buyer who sees value in land and location, and isn’t deterred by a home that may require updates reflective of its late-80s construction.

Section 2: Frequently Asked Questions

1. How does the home’s age affect its value and condition?
Built in 1987, the home is older than most on its street. This means potential buyers should budget for updates common to houses of that era, such as windows, roofing, or interior finishes. However, its assessed value remains above average, indicating that its lot size and location positively offset the age factor.

2. What does the "above average" assessed value really indicate?
The assessment is higher than typical for similar homes on the street, in the area, and city-wide. This often reflects the premium value placed on its very large lot. It’s a positive sign for overall value, but buyers should note it can influence property tax calculations.

3. Is the living space small for the neighbourhood?
At 1,230 sqft, the living area is slightly below the average for Sand Point Bay itself but is very close to the city-wide average. It suggests the home is more modestly sized compared to its immediate neighbours, but is a standard size overall, making the large lot even more notable.

4. What is the significance of the lot size ranking?
Ranking in the top 8% on the street and top 7% in The Meadows for land area is significant. It means you are getting one of the largest parcels in the area, which offers privacy, space for outdoor activities, and potential for future development like a shed, deck, or expansion.

5. How reliable are the past sale price ranges shown?
The provided sale price range (e.g., CA$350k–400k for 2020) is based on public data estimates. For the exact historical sale price, you must request it directly from the site. This is a common practice to ensure data accuracy and compliance with local regulations.