Property Overview: 4 Brahms Bay, River East, Winnipeg

Key Characteristics & Appeal

This home presents a distinct value proposition centered on its generous 10,001 sqft lot, which is notably larger than most properties in the immediate area, across River East, and citywide. The house itself, built in 1964, is of a modest 1,538 sqft—comfortably above the city average but smaller than many on its own street. This creates a scenario where the land is the standout feature, offering significant outdoor space and potential in a mature neighbourhood.

The appeal lies in this land-to-building ratio. For the assessed value, which is average for Winnipeg but the lowest on Brahms Bay, a buyer secures an above-average parcel of land. It suits a practical buyer who values space and privacy over a large or modern footprint. This could be perfect for someone with gardening ambitions, who desires room for additions like a workshop or garage, or who simply prefers a more substantial buffer between neighbours. It’s a property where the value is arguably in the ground itself, making it an interesting opportunity for a long-term holder or someone willing to update the existing home over time.

Frequently Asked Questions

1. Why is the assessed value the lowest on the street?
The assessment reflects a combination of the home's smaller size and older age compared to neighbours. The lot size adds value, but the overall assessment is weighted by the existing structures.

2. What does the lot size actually mean for me?
Beyond simple privacy, a lot of this scale (over 1/4 acre) is uncommon in the city. It allows for possibilities like extensive landscaping, a large vegetable garden, recreational space, or future expansion, subject to zoning bylaws.

3. Is a 1964-built home a concern?
While the building is older, its age is near the citywide average. It suggests that major components like the roof, windows, and mechanical systems may be due for inspection or replacement, which should be factored into budgeting.

4. How does this property compare to the Winnipeg average?
It offers more living space and significantly more land than the typical Winnipeg home for a roughly average assessed value. You're trading some modern finishes for space and location in an established area.

5. Can I see past sale prices for this home?
Detailed sales history is not publicly displayed here. You can request the exact sold price figures by email using the "Request exact figures by email" link provided on the detail page.