Property Overview: 3 Buckley Bay, Winnipeg

Key Characteristics & Appeal

This home at 3 Buckley Bay in Minnetonka presents a solid, well-positioned property within its immediate neighbourhood. Built in 1973, it is actually one of the newer homes on its street, ranking in the top 10% locally for its year of construction. With 1,262 square feet of living space, it offers above-average interior space compared to its direct neighbours on Buckley Bay. The lot size of 6,569 square feet is consistent with the street average and ranks above average when compared to the wider city, offering decent outdoor space.

The appeal here is one of relative value and stability within a mature neighbourhood. The home's assessed value is above average for the street but sits around the median for the broader Minnetonka area, suggesting it is priced consistently within its community. It last sold between 2021 and 2025 for an estimated $350k-$400k. This profile suits practical buyers looking for a established area without premium street pricing, such as young families seeking space or value-oriented investors attracted to a stable, mid-century neighbourhood with proven resale activity.

A less obvious perspective is its "middle-of-the-pack" positioning. It isn't the largest or most valuable home on the block, but it consistently outperforms street averages in key categories like living area and year built. This indicates a property that holds its own without standing out, potentially offering a lower-risk entry point into the area with less volatility than a top-tier or bottom-tier home on the same street.

Frequently Asked Questions

1. How does this home's size compare to others nearby?
At 1,262 sq ft, it offers more living space than most direct neighbours on Buckley Bay, ranking in the top 20% on the street. It is slightly smaller than the average home in the wider Minnetonka area.

2. What is the property's assessed value and tax implication?
The assessed value is $39,200. This is above the average for Buckley Bay but around the median for the Minnetonka area, indicating property taxes should be reasonably in line with similar homes in the broader neighbourhood.

3. How old is the home and what might that mean for maintenance?
The home was built in 1973, making it 53 years old. It is one of the newer homes on its street. Buyers should budget for updates and maintenance typical of a mid-century home, such as roofing, windows, and mechanical systems, which may be near or past their typical lifespan.

4. What was the last sold price?
Public data shows an estimated sale price between $350,000 and $400,000 occurring between 2021 and 2025. For the exact sale price and history, you can request the information directly via the provided email service on the listing page.

5. Is the lot size a good comparison for the area?
The 6,569 sq ft lot is very close to the average for Buckley Bay. While it is smaller than the average lot in Minnetonka, it ranks above average compared to lots across the entire city, offering a good balance of yard space for an urban property.