Property Overview

79 Perry Bay is a well-established home in Winnipeg's Mission Gardens neighbourhood. Built in 1976, it offers 1,005 square feet of living space on a 5,297 square foot lot, with a current assessed value of $36,200.

Key Characteristics & Appeal

This home presents a solid, no-fuss opportunity in a mature area. Its primary appeal lies in its value proposition and established location. The assessed value ranks above average for its immediate street, suggesting it is viewed favorably compared to its closest neighbours. While the living space is modest by broader city standards, it is perfectly in line with the average for both Perry Bay and the Mission Gardens area, indicating it fits the local norm.

A thoughtful perspective is its "vintage." Being one of the newer homes on its street (ranking in the top 3%), it may have benefited from slightly updated construction techniques or materials for its era compared to immediate neighbours. However, the lot size is smaller than most on the block, which could mean less yard maintenance—a potential plus for some—but less private outdoor space.

This property would suit a first-time homebuyer, a downsizer, or an investor looking for a straightforward, affordable entry into the Winnipeg market. It’s for someone who prioritizes location and value over size and newness, and who is comfortable with a home that may require updates reflective of its 50-year age.

Frequently Asked Questions

1. How does the assessed value compare to recent sale prices?
The home sold for an estimated $250k–$300k in 2017. The current assessed value of $36.20k is for taxation purposes and is not an indicator of market value. Market value is typically much higher.

2. Is the living space small?
At 1,005 sq ft, it is slightly below the Winnipeg city average. However, it is almost identical to the average home on Perry Bay (1,009 sq ft) and is a typical size for the Mission Gardens neighbourhood.

3. What does the "Elite" ranking for year built mean?
On its own street of 40 homes, 79 Perry Bay is one of the newest, built in 1976. This "Elite" top 3% ranking means it is newer than 97% of its direct neighbours, though it is around the average age for the wider city.

4. Why is the lot size ranked low for the street?
The lot is 5,297 sq ft, which is smaller than the street average of 6,267 sq ft. This means it likely has one of the more compact yards on Perry Bay, but it is very close to the average lot size for the broader Mission Gardens area.

5. How can I find out the exact historical sale prices?
The provider offers a manual service to share exact sold price data. You can submit your email request via the button on the listing, and they aim to reply with the accurate figures by the end of the same day.