Property Overview: 14 Temple Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a compact, one-storey home in Winnipeg's Fort Richmond neighbourhood, built in 1967. With 968 square feet of living space, it is notably smaller than most comparable homes in the immediate area, positioning it as a more manageable and potentially affordable option. Its key feature is a renovated basement, adding functional living space. The property sits on a roughly 5,700 sqft lot, which is modest for the street but close to the city-wide average.
The primary appeal lies in its simplicity and value. It suits first-time buyers seeking an entry point into the market, downsizers looking for a low-maintenance, single-level layout, or investors interested in a property with a modernized basement suite potential (subject to zoning verification). A thoughtful perspective: while its size is below average for the neighbourhood, this can translate to lower utility costs and less upkeep, offering a lifestyle focused on efficiency rather than excess space. Its assessed value is consistent with similar homes city-wide, suggesting it is priced squarely within the market rather than at a premium.
Section 2: Frequently Asked Questions
1. How does the home's size compare to others?
At 968 sqft, the living area is smaller than most similar homes on Temple Bay and in Fort Richmond, but it is closer to the Winnipeg city-wide average for one-storey homes.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key detail to clarify with the seller or agent to understand the quality and use of the space.
3. Is the assessed value a good indicator of the selling price?
The assessed value for municipal taxes is $38,100. Historically, the home sold in the $29,500-$32,500 range in 2019. Market conditions have changed since then, so the current selling price will be determined by recent comparable sales and buyer demand.
4. What are the implications of having no garage?
The property has no garage. Buyers should consider the cost and feasibility of adding parking or storage solutions, and assess on-street parking availability, especially during Winnipeg winters.
5. The home is older—what should I look into?
Built in 1967, the home's major systems (roof, wiring, plumbing, foundation) are nearing or are beyond typical lifespans. A thorough home inspection is essential to understand the condition and anticipate potential maintenance or updates.