30 Macalester Bay

Property Overview: 30 Macalester Bay, Fort Richmond

Section 1: Key Characteristics & Appeal

This one-storey home in Fort Richmond presents a compelling blend of established neighbourhood character and solid value. Built in 1965, it features 1,247 sqft of living space and sits on a 6,507 sqft lot, offering ample outdoor space that is notably above average for Winnipeg overall. A key highlight is the renovated basement, adding valuable finished space, along with the convenience of an attached garage.

The home’s primary appeal lies in its strong financial positioning within its immediate area. Its assessed value ranks consistently above average for Macalester Bay, Fort Richmond, and citywide, suggesting a well-maintained property or desirable lot attributes. While the living area is modest compared to some neighbours, this translates to a manageable footprint with lower utility and maintenance costs. The recent sale in late 2024 indicates a stable, current market valuation.

This property would suit practical buyers looking for a solid, single-level home in a mature neighbourhood. It’s ideal for first-time homeowners seeking a manageable entry point, downsizers wanting a generous lot without excessive indoor square footage, or value-focused investors attracted by its above-average assessment and renovated basement. It appeals to those who prioritize outdoor space and long-term equity over having the largest house on the street.

Section 2: Frequently Asked Questions

1. Is the living space too small?
While below the average for Macalester Bay specifically, the home’s living area is close to the Winnipeg citywide average. The renovated basement significantly expands the usable space, making the overall footprint practical for many households.

2. What does the "above average" assessed value mean for me?
A consistently high assessment across multiple comparisons (street, neighbourhood, city) often reflects desirable property traits or improvements. It can indicate strong underlying value, but it's important to review recent sale prices and property conditions for a complete picture.

3. Given its age, what major repairs should I anticipate?
As a home built in the mid-1960s, a pre-purchase inspection is essential. While the basement is renovated, attention should be paid to the age of core components like the roof, windows, plumbing, and electrical systems, which may be nearing or past their typical lifespan.

4. How does the lot size compare?
The lot is a standout feature. It’s larger than most in the city (ranking in the top 22% citywide) and offers generous outdoor space for gardens, recreation, or future additions, which is a significant asset in an established neighbourhood.

5. Why is the sold price listed as a range?
The provided range is based on publicly available data. To receive the exact, verified sale price from the latest transaction, you can request it via email from the listing service. This is a common practice to ensure accuracy while complying with data distribution rules.