165 Northwater Bay

Property Overview

This two-storey home at 165 Northwater Bay is a modern property in Winnipeg's South Pointe West neighbourhood, built in 2023. Its appeal lies in being a nearly new home that offers move-in readiness without the wait of a new build. The property sits on a generous 4,876 sqft lot, which is above average for its street, providing ample outdoor space in a newer community.

The home’s key characteristics include an attached garage, an unrenovated basement offering potential for future customization, and a living area of 2,081 sqft that ranks well within the wider city. The recent sale history shows steady market activity, and its current assessed value is in line with similar properties in the area.

This home would suit first-time buyers looking for a modern, low-maintenance property, or growing families seeking a established neighbourhood with newer infrastructure. It’s also a practical choice for buyers who want the benefits of a recent build but prefer the landscaping and community maturity that comes after the initial development phase.

Frequently Asked Questions

How does the lot size compare to others nearby?
At 4,876 sqft, the lot is larger than 61% of properties on the same street, offering more private outdoor space than many of its immediate neighbours.

Is the basement finished?
No, the basement is not renovated. This presents a clean slate for future expansion or customization to suit a buyer's needs, adding potential value.

How does the property’s age and size rank in Winnipeg?
The home, built in 2023, is newer than 99% of properties in Winnipeg. Its living area is also larger than 92% of homes in the city, making it a notably modern and spacious option within the broader market.

What does the sale history indicate?
The property sold in February 2023 and again in May 2023. This recent activity suggests strong market interest and provides clear, current data points for price comparison and valuation.

Are there many other new homes in the area?
Yes. The list of nearby and comparable properties shows several homes built between 2021 and 2024, indicating South Pointe West is a relatively new and developing community with modern housing stock.