Property Overview: 10 Byars Bay, Winnipeg

Key Characteristics & Appeal

This home at 10 Byars Bay in Munroe East is a practical, no-frills property that offers value through its established neighbourhood setting and manageable scale. Built in 1968, it’s a classic post-war bungalow with 988 square feet of living space on a 5,199 sqft lot. The data reveals a home that is consistently below average in size and value for its specific street, but generally aligns with or exceeds the averages for the broader Munroe East area. This suggests it sits on a street of larger, potentially more updated homes, positioning it as a more accessible entry point into the neighbourhood.

Its primary appeal lies in its affordability and lot potential. The assessed value is modest, and the lot size, while smaller than others on Byars Bay, is still generous by city standards and offers ample outdoor space for gardening, play, or expansion. It would suit first-time buyers seeking a foothold in a stable area, practical downsizers looking for a manageable property without a large yard to maintain, or value-oriented investors interested in the long-term redevelopment potential of the lot. A thoughtful perspective is that this home represents the "bones" of the neighbourhood—it offers the chance to own land in a mature community without paying a premium for recent upgrades, making it a canvas for a buyer to add their own value over time.

Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average for comparable homes?
The city-wide average for assessed value in the data is skewed by a small number of very high-value properties. A more accurate comparison is the Munroe East area average of about $29,400, against which this home’s $31,300 assessment is slightly above average.

2. How does the lot size compare to typical properties?
At 5,199 sqft, the lot is smaller than most on its own street but is actually slightly larger than the average lot in the Munroe East area (4,958 sqft). It provides a solid amount of private outdoor space.

3. What does the "below average" ranking for the street typically indicate?
It indicates that other homes on Byars Bay are generally larger, newer, or have a higher assessed value. This doesn’t reflect poorly on this property itself, but rather suggests it is one of the more modest homes on a desirable street, which can be an advantage for budget-conscious buyers.

4. Is the 988 sqft living area sufficient for a family?
While below the street average, the living area is very close to the Munroe East average of 1,009 sqft. It is typical for bungalows of this era and can accommodate a small family or couple comfortably, though storage and layout efficiency will be key factors.

5. How can I get the exact historical sale price for this property?
The exact sold price history is not published publicly. You can request it by email using the form on the property page. The service is manual, with a promise of a reply by the end of the same day, and your email will not be used for unsolicited marketing.