Property Overview: 66 Bournais Drive, Mission Gardens, Winnipeg

Section 1: Key Characteristics & Appeal

This 1,120 sqft bungalow, built in 1976, presents a specific value proposition in Winnipeg’s Mission Gardens neighborhood. Its primary appeal lies in its efficient use of space; the living area is notably above average for its immediate street and competitive within the local area, suggesting a well-utilized floor plan within a modest footprint. The lot size of 2,499 sqft is compact, which translates to lower maintenance—a key point for downsizers or those seeking a simpler yard.

The assessed value is significantly below average for both the area and the city. This indicates a potentially lower property tax burden and suggests an entry point into a stable neighborhood. The home last sold between 2019-2025 in the $200k-$250k range, reinforcing its position as a more affordable option.

This property would best suit practical, budget-conscious buyers. It’s ideal for first-time homeowners looking to build equity without a towering mortgage, or for retirees seeking to downsize into a manageable, single-level home with lower carrying costs. It’s less suited for those prioritizing a large yard, new construction, or who plan to use substantial home equity as their primary investment vehicle.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value really mean?
It primarily indicates a lower valuation for municipal tax purposes, which can mean savings on your annual property tax bill. It doesn't necessarily reflect the final market sale price, but it does signal that the home is in a more affordable tier for the neighborhood.

2. Is the compact lot size a disadvantage?
It depends on your lifestyle. While not suitable for extensive gardening or large gatherings, a smaller lot significantly reduces upkeep time and costs for watering, mowing, and landscaping, which is a major appeal for many.

3. The home is 50 years old. What should I consider?
Homes from this era may have original components, like windows, roofing, or major systems, nearing the end of their lifespan. A thorough inspection is crucial to understand if immediate updates are needed, which should be factored into your budget.

4. How does the living area compare practically?
At 1,120 sqft, it is spacious compared to others on the street but slightly below the city average. This suggests a smart, efficient layout that maximizes space. It’s adequate for a small family or couple but may feel cramped if you require multiple dedicated rooms or extensive storage.

5. Why is the sold price given as a range?
Public records often shield exact figures for privacy. The provided range is based on available data and is a reliable indicator of the home’s recent market value. You can request the exact historical sale price from the listing service for precise financial planning.