Property Summary: 34 Thornhill Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-situated bi-level home in Fort Richmond, built in 1976. With 1,015 sqft of living space, the home is notably compact compared to most in its immediate area, ranking in the top 98% (meaning it's among the smallest). However, this is balanced by a generous and above-average 6,397 sqft lot, offering significant outdoor space relative to the neighbourhood and city. The home features an attached garage and a renovated basement.
Its primary appeal lies in this balance of a modest, manageable house on a large parcel of land. It suits buyers looking for an entry point into a stable neighbourhood without the upkeep of a larger home, or those who prioritize yard space for gardening, recreation, or future expansion over interior square footage. The assessed value is strong for its street and aligns with area averages, suggesting a solid value proposition for the location. It’s a practical choice for first-time buyers, downsizers, or investors seeking a land-value play with a rentable dwelling.
Section 2: Frequently Asked Questions
1. Is the house too small?
While the living area is below average for the street and area, the layout and renovated basement likely maximize the usable space. This appeals to those seeking efficient, low-maintenance living.
2. What does the high land area ranking mean?
Ranking in the top 20% for lot size on its street and top 24% city-wide indicates the property has a larger-than-typical yard for the area. This is a key asset, offering privacy and potential not found on newer, denser lots.
3. How current is the sold price data?
The last recorded sale was in June 2017. For the exact sold price and to understand current market value, you must request the data via email, as per the listing service's verification process.
4. What does "around average" for assessed value indicate?
It means the property’s official city assessment is typical for Fort Richmond. This can signal a stable, established value without the premium or discount associated with outliers, which some buyers find reassuring.
5. Who would this property not suit?
It may not fit buyers who need substantial indoor living space, multiple large bedrooms, or who prefer a brand-new home. The appeal is geared toward those who value land size and location over a large interior footprint.