Property Overview: 153 George Suttie Bay, Winnipeg

Key Characteristics & Appeal

This home presents a compelling opportunity in Winnipeg's Munroe East neighborhood. Built in 1970, it stands out on its street for offering more space than most, with 1,040 sqft of living area—ranking in the top 9% of 70 nearby homes. The lot is also generously sized at just under 5,000 sqft, providing ample outdoor space. Its assessed value is consistently above average for both the immediate street and the broader Munroe East area, suggesting a solid valuation foundation.

The primary appeal lies in its relative size and value within a well-established community. It’s a property that outperforms its direct neighbors in key metrics, offering more interior room and a larger yard than typical homes on the block. This makes it a sensible choice for first-time buyers or downsizers seeking a manageable home with room to breathe, without the premium of a newer subdivision. It would also suit an investor looking for a stable, character property in a mature area, where the fundamentals of space and lot size are already strong compared to the local context. A thoughtful perspective is that while the home is older, its above-average rankings on the street indicate it may have been better maintained or improved over time compared to its peers, offering a touch more modernity in a classic setting.

Frequently Asked Questions

1. How does this home really compare to others nearby?
The data shows it ranks highly on George Suttie Bay itself, especially for living space (top 9%) and lot size (top 17%). It offers more room than most immediate neighbors, which is a key advantage on this street.

2. What does the assessed value tell me?
The assessed value of $32,400 is above the average for both the street and the Munroe East area. This can indicate a strong basis for municipal valuation, but it's important to remember market value is determined by current sale prices and conditions.

3. The home was built in 1970. What should I consider?
While 56 years old, it is actually newer than many homes in the wider city and on par with the area average. A home of this age will likely need a review of major systems like roof, windows, and plumbing, but its above-average ranking suggests it may have seen updates.

4. What is known about past sale prices?
Records indicate it last sold between $250,000 and $300,000 in 2019. For the exact historical sale price, you can request details via the provided email service.

5. Is the lot size a benefit?
Yes. At 4,999 sqft, the lot is larger than most on the street and is close to the average for Munroe East. This provides good outdoor space for gardening, recreation, or potential additions, which is a valuable asset in an established neighborhood.