Property Overview
This 4-level split home at 3 St Edmund’s Bay in Fort Richmond offers a practical and spacious layout in a well-established neighbourhood. Built in 1971, it features 1,790 sqft of living space, which is notably above average for the street, area, and city overall. The property sits on a 6,921 sqft lot, providing ample outdoor space that is larger than the typical Winnipeg lot. Key features include a renovated basement and an attached garage.
The home’s primary appeal lies in its generous interior and land size relative to its assessed value, which is in line with area averages. It represents a solid opportunity for buyers seeking more room without a premium price tag, in a neighbourhood of similar, mature homes. This property would suit a growing family, a first-time buyer needing space to expand, or an investor looking for a well-sized rental in a stable area. A thoughtful perspective is that while the home isn't new, its above-average square footage on an above-average city lot offers a foundation for customization and value addition that newer, denser subdivisions often can't match.
Frequently Asked Questions
1. How does the home’s size compare to others nearby?
At 1,790 sqft, the living area is in the top 14% of homes on St Edmund’s Bay and top 18% citywide, making it a notably spacious home for the area.
2. What is the property’s assessed value?
The assessed value is $435,000. This is around the average for the street and Fort Richmond, but the home offers more living space than many peers at that value point.
3. Has the home been updated?
The listing confirms the basement has been renovated. The age of other major systems (roof, windows, HVAC) should be verified during a viewing or inspection.
4. What was the recent sale history?
Public data indicates it sold between $355,000 and $385,000 in August 2024. The exact sale price can be requested directly from the listing provider.
5. Is the lot size typical?
The 6,921 sqft lot is average for the street but falls within the top 18% of lot sizes across Winnipeg, offering more outdoor space than many city properties.