Property Overview: 58 Bournais Drive, Winnipeg

Key Characteristics & Appeal

This 856 sqft bungalow, built in 1976, presents a straightforward opportunity in Winnipeg's Mission Gardens neighborhood. Its primary appeal lies in its position as an accessible entry point into the housing market. The home is notably compact, with a living area below the averages for its street, neighborhood, and the wider city. However, it sits on a 2,699 sqft lot that is actually above average in size for Bournais Drive itself, offering a relative strength in outdoor space for its immediate locale.

The assessed value is significantly below average, which typically translates to lower property taxes—a key, practical advantage for budget-conscious owners. A less obvious perspective is that a home of this vintage and size often appeals to those seeking a simpler, more manageable footprint without the maintenance demands of a larger, newer property. It last sold between $200k-$250k in 2023.

This property would best suit a first-time buyer, an investor looking for a rental property, or someone downsizing who prioritizes low carrying costs and a manageable space over size and modern finishes. Its value proposition is grounded in affordability and practicality rather than luxury or space.

Frequently Asked Questions

1. What does the "below average" ranking for Living Area actually mean?
It means that compared to most similar homes on its street, in Mission Gardens, and across Winnipeg, this house has less interior square footage. This is the trade-off for its accessible price point.

2. Why is the Assessed Value so much lower than the city-wide average?
The assessed value reflects the municipal government's valuation for tax purposes, which is heavily influenced by the home's size, age, and characteristics. Its low assessment is consistent with its compact size and is a primary driver for its lower property tax burden.

3. The lot size is ranked "above average" on the street but "below average" for the area. Which is more relevant?
For daily living, the street-level comparison is more relevant—it means your yard is likely comparable to or slightly larger than your immediate neighbors'. The area-wide ranking shows that lots in Mission Gardens are often larger, so this property's lot is on the smaller end within the broader neighborhood.

4. How reliable is the sold price range shown?
The range is based on publicly available data. For the exact sale price, you must request it via the provided email service. This is a common practice to ensure data accuracy and compliance with local regulations.

5. What are the implications of the home being 50 years old?
Buyers should budget for potential updates to major aging components like roofing, windows, or mechanical systems. However, homes from this era are often straightforward in their construction and layout, which can make renovations or repairs less complex than in older character homes.