Property Overview: 6 Long Point Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 6 Long Point Bay in the Meadows neighbourhood presents a practical and straightforward opportunity. Built in 1986, it is notably newer than many homes on its own street and across Winnipeg, which can mean fewer concerns with outdated major systems compared to older stock. With 1,040 sqft of living space, it offers a comfortably sized layout that is very typical for the area, neither particularly large nor small within its immediate context.

The appeal here lies in its statistical averageness in key metrics like living area and assessed value, suggesting a property that aligns with neighbourhood norms and may offer a stable, predictable entry point into the market. The lot size of 3,599 sqft is smaller than most comparables, which could translate to less exterior maintenance—a potential plus for downsizers or those seeking a simpler yard. The home last sold in the 2017 range of $250k-$300k, providing a recent benchmark.

This property would likely suit first-time buyers looking for a manageable, no-surprises home in an established area, or practical investors seeking a rental property with standard area metrics. Its newer-than-average construction date for the street is a quiet advantage for buyers wary of the upkeep associated with much older homes.

Section 2: Frequently Asked Questions

1. Is the assessed value the same as the market value?
No. The assessed value (listed as $36.70k) is for municipal tax purposes only and is typically much lower than the market value. The home's last known sale price ($250k-$300k in 2017) is a more relevant, though historical, indicator of its market worth.

2. How does the smaller lot size impact the property?
At 3,599 sqft, the lot is below average for the area. This generally means less yard to maintain, which can be a benefit for those not wanting extensive gardening or upkeep. However, it may also mean less private outdoor space or limited potential for expansions like large decks or additions.

3. The home is 40 years old. What should I be aware of?
While newer than many Winnipeg homes, a 1986 build is entering the period where original components may need attention. A thorough inspection should focus on the roof, windows, HVAC system, and plumbing, as these often reach the end of their service life around this age.

4. What does it mean that the home ranks "above average" for year built on its street?
This indicates that on Long Point Bay, this home is one of the newer ones built (ranked 3rd newest out of 54). This is a relative positive, suggesting the immediate streetscape may have fewer of the very old homes that sometimes come with more significant update challenges.

5. How can I find out the exact past sale prices?
The provided sale price is a public data range. As noted on the detail page, you can request the exact historical sold price by emailing the listing service. They provide this information manually and state they do not use email addresses for unsolicited marketing.