Property Summary: 19 Bass Bay

Section 1: Key Characteristics & Appeal

This property presents a distinct value profile centered on modern efficiency and lower carrying costs. Its key characteristic is a recently built home (circa 2024) with a relatively compact footprint. The living area is modest compared to its immediate neighborhood but is above the city-wide average, suggesting a smart, low-maintenance layout.

The primary appeal lies in its financial advantages. The property tax assessment is notably below average for both its street and the wider South Pointe West community, indicating significantly lower annual property tax bills than most nearby homes. This makes its ongoing ownership costs very attractive. The trade-off is a smaller land size, which is below the community and city averages, resulting in less outdoor space but also less yard upkeep.

This home would ideally suit first-time buyers or downsizers seeking a modern, new-build home without the premium price tag of a larger lot. It’s also a practical choice for investors or owners who prioritize low maintenance and efficient living space over expansive grounds, offering a way to live in a newer community while controlling fixed expenses.

Section 2: Frequently Asked Questions

1. What does the property tax assessment being "below average" actually mean for me?
It means the city’s assessed value for this home is lower than most comparable properties in the area. This directly translates to a lower annual property tax bill, which is a recurring and significant cost of homeownership.

2. Is the smaller land size a major drawback?
It depends on your lifestyle. It means less private outdoor space for gardening, play, or expansions. However, it also means less yard work and lower landscaping costs. For those who prefer community amenities or parks over private yard maintenance, this can be a benefit.

3. The living area is smaller than the neighborhood average. Will the house feel cramped?
While smaller than some homes on the street, the living area is still above the average for all of Winnipeg. The modern build year (2024) likely means an efficient, contemporary floor plan designed to maximize usable space, which can often feel more functional than older, larger layouts.

4. Why is there such a big difference between the street average and city average for tax assessment?
The data shows this street (Bass Bay) and the South Pointe West community have higher average assessments than the city overall. This property’s assessment is low relative to its affluent, newer community, but is closer to the broader city norm. This highlights its value position within a desirable area.

5. How reliable are these comparative rankings?
The rankings are based on the city’s official assessment and property data, providing an objective comparison. They are a reliable snapshot of where this property stands in terms of size, age, and tax value relative to defined groups of "comparable" homes at a specific point in time.