Property Summary: 54 Montclair Bay, Winnipeg

Key Characteristics & Appeal

This well-situated Waverley Heights home presents a solid, middle-of-the-market opportunity. Its key appeal lies in its balance and context. With 1,120 sqft of living space and a 5,773 sqft lot, the property sits comfortably around neighborhood and city averages for size, suggesting it’s a practical fit for the area without being excessive. The assessed value of $416K follows a similar pattern, positioned comparably to nearby homes.

A standout, less obvious feature is its 1976 build year. While this might seem typical citywide, it is actually the newest construction on its specific street (Montclair Bay), indicating a potentially more modern build quality or systems than its immediate neighbors. This offers a subtle advantage on a block of older homes.

The property would suit first-time buyers or downsizers looking for a manageable, turn-key home in a stable neighborhood. It’s for those who prioritize a sensible, no-surprises purchase—a home that isn’t the largest or smallest on the block, but offers dependable value and a slight edge in relative modernity on its street.

Frequently Asked Questions

1. Is this home a good value compared to others nearby?
The data suggests it is competitively priced within its immediate context. Its assessed value is very close to the street average and sits around the middle of the pack in the broader Waverley Heights neighborhood, indicating it’s aligned with local market norms.

2. How does the lot size compare?
At 5,773 sqft, the lot is slightly smaller than the average for Montclair Bay street but is very close to the neighborhood average. It provides a typical outdoor space for the area, suitable for gardening and recreation without extensive maintenance.

3. The living area seems smaller than the street average. Is it cramped?
At 1,120 sqft, it is below the street's average. This means it is a more efficiently sized home on a street with slightly larger houses. It’s well-suited for smaller households or those seeking easier upkeep, while still being close to the citywide average.

4. What does the 1976 build year mean for me?
Being built in 1976 makes this home the newest on its block. In practical terms, this could mean updated construction standards, wiring, or plumbing compared to older neighbors, potentially reducing the need for some major modernizations common in older homes.

5. How does this property rank overall in Winnipeg?
Across major metrics like living area, value, and lot size, this property consistently ranks in the 35th-65th percentile citywide. This confirms its position as a squarely average, mainstream Winnipeg property, offering stability rather than standing out as exceptionally large or small.