Property Overview

This home at 81 Sand Point Bay in Winnipeg’s Meadows neighbourhood presents a compelling mix of space, modern age, and established value. Its appeal is rooted in its strong positional standing within its immediate area, offering a balanced package for buyers seeking a well-situated family home without venturing into the premium luxury market.

Key Characteristics & Appeal

The 1,573 sqft living area is comfortably above average for both the wider city and the Meadows area, providing ample room for a growing family. The standout features, however, are its assessed value and year built. With an assessed value ranking in the top 3% on its own street and top 12% in Meadows, this property holds a position of perceived higher value among its closest peers. Built in 1997, it is one of the newest homes on Sand Point Bay, suggesting updated infrastructure and potentially lower immediate maintenance needs compared to older stock in the area.

The lot size of just over 6,000 sqft is solid, ranking above average for the city and neighbourhood, offering good outdoor space. The overall profile is of a home that is modern, valuable for its locale, and spacious. It would suit buyers looking for a move-in ready family home in a mature neighbourhood, particularly those who prioritize a newer construction year and a property that stands out in terms of municipal assessment on its street. It’s a practical choice for someone who values space and modern comforts but may not require a top-tier, city-wide elite property.

Frequently Asked Questions

1. What does the high assessed value ranking mean for property taxes?
A higher assessed value relative to nearby homes typically leads to a higher property tax bill, as taxes are calculated based on this assessment. It’s a sign the municipality views the property as valuable, but buyers should budget accordingly.

2. The home is newer than most on the street. Does that imply any less obvious issues?
While newer generally means updated systems (like plumbing or electrical), a 1997 build is now nearly 30 years old. Key components like the roof, windows, and major appliances are likely at or nearing the end of their typical lifespans and should be inspected.

3. How does the lot size compare for the area, and what are the implications?
At 6,099 sqft, the lot is above average for Meadows but slightly below the street average. This means you have generous outdoor space for the neighbourhood, but possibly less privacy or yard size than some direct neighbours.

4. There’s no public sales history listed. How can I determine a fair offer price?
The absence of public data highlights the need for professional guidance. A real estate agent can provide comparable sales (comps), and the site offers to provide exact historical sale prices manually via email, which can be a useful resource.

5. The rankings show “Elite” for value and year on the street, but not for size. What’s the takeaway?
This indicates the home’s prime appeal on Sand Point Bay is its modernity and high assessment, not its sheer square footage. It’s positioned as a quality, updated home on the street rather than the largest, which can be attractive for buyers seeking a balance of condition and space.