Property Overview: 35 Purdue Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and comfortable living space. With 1,488 sqft of living area, it provides ample room and sits above the average size for similar homes in Winnipeg. A key feature is the renovated basement, adding valuable finished space. The property sits on a standard city lot of just under 6,000 sqft and includes a detached garage.
Its primary appeal lies in its solid positioning within a mature neighbourhood. The home's assessed value is notably strong for its immediate street, ranking in the top 12%, which suggests it is well-maintained or has features that are valued above others in the direct area. This creates an interesting dynamic: while the house itself is of average size and age for the broader city, it stands out as a higher-value property on its own block. It would suit buyers looking for a move-in ready, single-level layout in a established community, particularly those who value a renovated basement for extra living space or storage. The recent sales history indicates steady market interest.
Section 2: Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The home last sold in July 2021 for an estimated range of $395,000 - $425,000. Its current assessed value is $443,000. This indicates the city's assessment aligns with or slightly exceeds that recent sale price, reflecting market trends or improvements.
2. Is the lot size typical for the area?
At 5,916 sqft, the lot is around the city-wide average but is somewhat smaller than the typical lot in the broader Fort Richmond area, where many properties are larger.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, the quality of finishes, and whether any permits were obtained for the renovation.
4. How does this home compare to others on Purdue Bay?
The data shows this home has a higher assessed value than most on its street (top 12%) and is slightly newer than the street average. However, its living space and lot size are very typical for Purdue Bay.
5. What is the significance of a detached garage?
A detached garage offers flexibility, potentially allowing for a workshop space separate from the house. It may also present future opportunities, like adding a lane-way suite (subject to zoning), but also means dealing with snow removal and access separate from the main house.