Property Overview: 145 George Suttie Bay

Section 1: Key Characteristics & Appeal

This home at 145 George Suttie Bay presents a straightforward opportunity in Winnipeg's Munroe East neighbourhood. Built in 1970, its 840 sqft living space is compact but efficiently sized for its street, ranking right around the local average. The true standout is the nearly 5,000 sqft lot, which is notably larger than most on the block, offering valuable outdoor space and potential.

Its appeal lies in its relative affordability and practicality. With an assessed value significantly below the citywide average, it represents an accessible entry point into homeownership. The home suits first-time buyers or downsizers seeking a manageable property without a premium price tag. It’s a home for those who value a larger yard over a larger interior and are comfortable with a property that requires standard upkeep for its age. A thoughtful perspective is that while the home is smaller than many in the wider city, its lot size and value are competitive within its immediate area, suggesting it’s a grounded, no-frills option in a stable setting.

Section 2: Frequently Asked Questions

1. How does this home’s value compare to its recent sale price?
The home sold for an estimated $300k–$350k in 2022. Its current assessed value is $29,200. In Manitoba, assessed value is for taxation purposes and is typically much lower than market value. The 2022 sale price is the more relevant indicator of its market worth.

2. What does the "ranking" data actually tell me?
The rankings compare this home to others on the same street, in Munroe East, and across Winnipeg. For example, its lot size is in the top 17% on its street, meaning it has a larger yard than most neighbours. Conversely, its living area is in the bottom half citywide, confirming it’s a more compact home compared to the Winnipeg average.

3. Is a 1970-built home a concern?
The home is newer than many on its street and in Munroe East, ranking in the top 13-17% locally for its year of build. This suggests it may have had updates over the years, but a thorough inspection is always recommended to understand the condition of major systems like roof, windows, and plumbing.

4. Who would this property not suit?
It may not suit buyers looking for move-in-ready, modern finishes or those needing significant space for a growing family. The living area is below the neighbourhood and city averages, prioritizing lot size over interior square footage.

5. How can I get the exact historical sale price?
The exact sold prices are not published publicly. You can request the precise sale history by emailing through the provided form on the listing page. This service is manual, with a promise of a reply by the end of the same day, and your email will not be used for marketing spam.