26 Rutgers Bay

Property Overview

This one-storey home in Fort Richmond presents a practical and comfortable living opportunity. Its key appeal lies in its balance and readiness. With 1,266 sqft of living space and a 6,537 sqft lot, the property sits comfortably around the average for its immediate street and neighbourhood, offering a manageable size for maintenance. A significant feature is the renovated basement, which adds valuable finished space. The attached garage is a practical asset for Winnipeg's climate. Built in 1966, the home is older than many on its street, suggesting a well-established lot and neighbourhood character, but the updated basement indicates some modernization.

This home would suit first-time buyers or downsizers looking for a solid, single-level layout in a mature neighbourhood. It’s also a candidate for buyers who value a larger-than-average city lot for the price point, offering potential for gardening or outdoor space. The property’s assessed value is consistently average for its area, indicating a stable, predictable market position rather than a standout bargain or premium offering.

Frequently Asked Questions

1. How does the home’s size compare to others?
The living area is slightly below the average for similar homes on Rutgers Bay and in Fort Richmond, but is very close to the citywide average. It's a comfortably sized home for its type, not overly large or small.

2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and whether it includes a legal suite or additional bedrooms should be verified through a viewing and inspection.

3. Is the assessed value a good indicator of the selling price?
The assessed value of $41,500 is for municipal tax purposes. The last known sold price range was $33,500-$36,500 in late 2020. Market conditions have changed since then, so the current listing price will be determined by the seller and recent comparable sales.

4. What are the implications of the 1966 build date?
While the home is older than most on its block, it is near the citywide average age. This typically means well-established infrastructure and mature landscaping, but a thorough inspection is advised to understand the condition of major aging components like the roof, windows, and plumbing.

5. How does the lot size benefit a buyer?
At over 6,500 sqft, the lot is above the citywide average. This provides more private outdoor space than many newer properties and could be a long-term asset for expansion (subject to zoning) or simply for enjoying a larger yard.