Property Overview
This two-storey home at 27 Fordham Bay in Fort Richmond is a property defined by generous space, both inside and out. Built in 1965, its key appeal lies in its above-average scale compared to most homes in Winnipeg. With 1,872 sqft of living area, it sits in the top 14% citywide. More notably, the land parcel is substantial at 10,525 sqft, placing it in the elite top 5% of all city lots, offering significant outdoor potential. The home features a renovated basement and a detached garage.
Its appeal is for the value-conscious buyer seeking room to grow, garden, or simply enjoy more privacy than a typical city lot allows. It would suit a family looking for a long-term home with space for additions, landscaping, or recreational areas, or an investor/renovator who sees value in the lot size and the solid foundation of a 1960s build. A thoughtful perspective is that while the house itself is older, its spaciousness is a modern luxury that is increasingly rare, making it a strategic purchase in a land-scarce market.
Frequently Asked Questions
1. How does the home’s age affect its value?
While the 1965 build date is older than many area homes, the property’s value is strongly supported by its large, desirable lot and above-average living space. The renovated basement also adds modern functionality.
2. What does the “elite” land area ranking practically mean?
A lot size in the top 5% citywide is uncommon. It provides ample yard space for gardening, play, future additions like a deck or garage, and greater distance from neighbours compared to standard lots.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is a historical snapshot. Market conditions, the home’s interior condition, and the premium for a large lot will ultimately determine the sale price. The provided sales history for nearby homes offers a more current market comparison.
4. What are the considerations with a detached garage?
A detached garage offers flexibility for use as a workshop or storage without impacting the main house’s living space. However, it requires going outdoors to access, which can be a factor during Winnipeg winters.
5. The data shows sold price ranges, not exact figures. Why?
Exact sold prices are not always publicly available in Manitoba. The ranges provided are based on public data estimates. You can request the precise historical sold price via email from the source for a confirmed figure.