Property Overview: 30 Thornhill Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This 3-level split home, built in 1977, sits on a quiet street in the established Fort Richmond neighborhood. With 1,092 sqft of living space and a recently renovated basement, it offers a functional layout for daily living. The attached garage and a land size just under 6,000 sqft are practical features for the area.
The primary appeal lies in its value proposition within a specific context. While the home's living space is modest compared to others on its street, it is competitively priced, with an assessed value that is typical for the immediate area. A key, less obvious strength is its relative "newness"—it is one of the youngest homes on Thornhill Bay, which can suggest updated core components compared to older neighbors. This isn't a sprawling property, but a grounded, manageable home in a mature community.
It would best suit first-time buyers, downsizers, or pragmatic investors seeking an entry into a stable Winnipeg neighborhood without a premium price tag. It’s for those who prioritize a renovated basement and a younger build date over sheer square footage, and who value a home that aligns with the average values of its surroundings rather than standing out.
Section 2: Frequently Asked Questions
1. How does this home's size compare to others nearby?
The living area is below the average for both Thornhill Bay and the broader Fort Richmond area. This is reflected in its pricing and suggests a more compact, efficient layout rather than a spacious one.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent, as it could range from cosmetic updates to a fully finished legal suite or family room.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value ($421,000) is around the local average. Recent sold price ranges from 2020 and 2017 suggest a history of selling below current assessment, but market conditions change. It serves as a benchmark, but the final sale price will be determined by current market demand.
4. What are the potential implications of it being a "younger" home on the street?
Built in 1977, it is newer than most on its block. This can be advantageous, potentially meaning fewer major age-related issues (like original roofing or plumbing) have arisen compared to older homes, but a thorough inspection is still essential.
5. What is the lot like, and are there expansion possibilities?
The lot is approximately 5,937 sqft, which is smaller than many in Fort Richmond but near the city-wide average. Any potential for future additions or expansions would be subject to lot coverage bylaws and should be verified with the city.