Property Overview
11 Acadia Bay is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1969, it features 1,523 sqft of living space and sits on a 6,267 sqft lot, with a detached garage and a renovated basement. The home does not have a pool.
Its primary appeal lies in its strong and consistent standing compared to other homes. It ranks above average in both living area and assessed value not just on its own street, but also within the wider neighbourhood and across the city. This suggests a property that has been updated and cared for, offering more space and value than many peers. While the lot size is slightly smaller than others on Acadia Bay, it remains above the city-wide average. Recent sale history indicates steady value appreciation.
This home would suit buyers looking for a move-in ready, single-level layout in a mature neighbourhood, particularly those who value space and a history of solid investment over a massive yard. It's a practical choice for downsizers, small families, or investors attracted by its renovated basement and strong comparative metrics.
Frequently Asked Questions
How does this home truly compare to others in the area?
The data shows it consistently outperforms averages. Its living space is in the top 21% on its street and top 29% city-wide. More notably, its assessed value is in the top 10% on Acadia Bay and top 26% in Fort Richmond, indicating it is considered more valuable than a majority of comparable properties.
Is the lot size a disadvantage?
While the lot is smaller than the average on Acadia Bay, it is still larger than the typical Winnipeg lot. This could mean less yard maintenance, which some buyers may prefer. The trade-off is a home with above-average interior space on a still-generous city lot.
What does the sold price history indicate?
The home sold in 2021 and again in 2022, with a noticeable increase in price between those sales. This suggests a strong market reception and potential value-add during that period. For the most accurate sale figures, you can request the exact price history via email.
What is the significance of a renovated basement?
A renovated basement in a 1960s home adds valuable finished living space and suggests important moisture-proofing and insulation upgrades have likely been addressed, which is a key consideration for homes of this era.
Who might this property not suit?
Buyers seeking a very large, private yard or a brand-new build may want to look elsewhere. The lot is proportional but not expansive, and the home, while well-kept, is from the late 1960s. It’s best for those who appreciate the character and established streets of a mature neighbourhood.