Property Overview: 30 Donegal Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home presents a distinct profile defined by its vintage, compact size, and significant lot. Built in 1915, it is the oldest home on its street and stands out in a neighborhood of predominantly mid-century builds. With 680 sqft of living space, it is notably smaller than most area homes, ranking in the bottom 3% locally. However, it sits on a substantial 3,942 sqft lot, which is above average for the Munroe East area.

Its primary appeal lies in its potential and land value. The very low municipal assessed value reflects its age and size, suggesting a price point well below newer or larger homes. This creates a clear opportunity for buyers looking for a footprint in a established neighborhood, with the vision to renovate, expand, or redevelop the existing structure. The lot size offers flexibility that many modern infill properties do not.

This property would best suit a hands-on buyer, such as a builder, an investor, or a homeowner with renovation experience. It is not a move-in-ready option but a foundational project. A thoughtful perspective is that its age and small footprint could align with minimalist or efficient-living goals, provided updates are made for modern comfort and efficiency.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than nearby homes?
The assessed value is based on the property's current state—its age, smaller living area, and likely outdated systems and finishes compared to the neighborhood averages. It reflects the existing structure's contribution to value, not the potential land value or post-renovation value.

2. What are the implications of it being the oldest house on the street?
This indicates the home may have heritage character but also likely requires more significant updates to mechanical systems (like wiring and plumbing), insulation, and the foundation to meet modern standards. It's wise to budget for these less-visible upgrades alongside any cosmetic renovations.

3. Can the house be expanded or rebuilt?
The lot size is favorable for an addition or redevelopment, but any plans are subject to City of Winnipeg zoning bylaws, heritage considerations (if applicable), and building codes. A key first step would be a consultation with the city's planning department.

4. How reliable are the recent sold price ranges shown?
The ranges (e.g., CA$250k–300k) are estimates based on public data. For precise historical sale prices to inform your offer, you must request the exact data via the provided email service.

5. What does the "rank" data for living area and value actually mean?
The rankings show how this property compares to others. For example, a "Top 98%" rank for living area means 98% of comparable homes in that group are larger. It's a statistical way of confirming this home is an outlier in terms of compact size and lower official value within its immediate and broader markets.