14 Rambling River Bay: Property Summary

Key Characteristics & Buyer Profile

This is a newer home (built around 2013) with a living area above the citywide average, sitting on a 4,133 sqft lot. Its standout feature is location: the property ranks at the very top of its immediate street, Rambling River Bay, for both assessed value and land size. However, at the broader neighbourhood level (Rosser-Old Kildonan) and citywide, the home ranks below average—meaning it is a strong property on a specific good street, but not in a top-tier neighbourhood overall. The assessed value is notably lower than both the neighbourhood and city averages for comparable homes.

Appeal: This home offers a newer build, decent interior space, and a lot that is functional for the area, all at a price point that is well below what you would expect for a home on a top-ranked street. The value gap between the street-level prestige and the neighbourhood-level affordability could present a practical opportunity.

Who it suits: Buyers who want a newly built home on a quiet, well-regarded street without paying a premium for a high-status neighbourhood. It will likely appeal to people who prioritize a modern, low-maintenance floor plan and a strong immediate street over being in a sought-after district. Not ideal for those who need a large lot or want the cachet of a top-ranked neighbourhood name.

Frequently Asked Questions

1. Why is the street ranked #1 but the neighbourhood ranked near the bottom?
The street (Rambling River Bay) appears to have very few—potentially only one—comparable properties in the dataset, so a #1 ranking there means little in absolute terms. The neighbourhood (Rosser-Old Kildonan) has 559 properties, and this home ranks near the bottom for assessed value within that group. In other words, you are buying a top house on a small street within a neighbourhood where property values tend to be higher overall.

2. How does a newer home end up with a below-average assessed value for the neighbourhood?
Assessed value reflects market estimates based on recent sales and property characteristics, but it does not always align neatly with age. In this case, while the home is newer (2013 vs. 2013 average on the street), the neighbourhood average assessed value is $544,700, and this property is assessed at only $52,000. This large gap could point to a data limitation (e.g., the assessed value may be incomplete or based on a different measurement) or it could reflect that the home is significantly smaller or has fewer features than typical homes in the area.

3. Is the land area of 4,133 sqft small for this neighbourhood?
Yes. The neighbourhood average for Rosser-Old Kildonan is 29,921 sqft, and citywide average is 6,570 sqft. At 4,133 sqft, this lot is well below the neighbourhood norm. This suggests most homes in the area sit on larger, likely more suburban or semi-rural lots, whereas this property is on a compact urban-style lot. That could appeal to someone wanting less maintenance, but it is a clear trade-off.

4. What does the bar color and “tier” mean in the rankings?
The fill color on the ranking bars (red, blue, amber, gray) roughly indicates how the property compares within a given peer group. A more filled bar means you outperform more peers. The specific tier is not defined in the data, but the general pattern is that a fuller bar with a stronger color suggests a better relative ranking. The “avg” shown is a rough median benchmark for comparable homes in that scope, not an exact average.

5. How can I see how this property compares to nearby homes in detail?
The property summary includes a link to an “Open neighbourhood map analysis” page. That tool allows you to view this home on a map alongside surrounding houses, and compare specific data points like year built, living area, assessed value, and lot size directly. This is the best way to understand whether the street-level rankings are meaningful or just a function of a small sample size.