Property Overview: 51 Rutgers Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and spacious layout on a generous lot. With 1,601 sqft of living space, it sits above the average for both the neighbourhood and the wider city, providing ample room. A key feature is the renovated basement, adding valuable finished space. The property includes a detached garage and sits on a large 6,814 sqft lot, which is notably above average for its immediate street and the city, offering excellent outdoor potential.
The home’s appeal lies in its solid, above-average metrics across key categories—space, lot size, and assessed value—within a mature, established neighbourhood. Built in 1968, it is one of the older homes on its street, which can suggest a well-rooted location with larger, established lots. The recent basement renovation adds modern livability without compromising the home’s original character.
This property would suit buyers looking for a single-level living layout, perhaps downsizers or young families seeking move-in-ready space and a large yard. It’s ideal for someone who values quantifiable value—getting more house and land than the typical area or city averages—and appreciates the quiet stability of a mature Fort Richmond street.
Frequently Asked Questions
1. How does the assessed value compare to recent sale prices?
The current assessed value is $44,900. For reference, the home last sold in September 2017 for a price range estimated between $38,500 and $41,500. An exact sale price is available upon request.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated, but the specific scope, quality, and permits should be verified by a buyer's inspection. It signifies added living space but requires due diligence on the finishes and any moisture management.
3. Is the large lot a benefit for future expansion?
The 6,814 sqft lot is a significant asset, well above many city lots. It offers ample space for gardening, recreation, or potential future additions like a deck, shed, or even an extension, subject to local zoning bylaws.
4. As one of the older homes on the street, are there concerns?
Built in 1968, the home’s age means systems like roofing, plumbing, and electrical may be original or nearing their lifespan. A thorough inspection is crucial. Conversely, its age on this street often correlates with a larger, more private lot compared to newer infill developments.
5. Who are the typical neighbours?
The nearby properties on Rutgers Bay and Baldry Bay are primarily similar single-family homes, suggesting a stable, residential character. The direct neighbours at 47 and 55 Rutgers Bay are just steps away, indicating a typical close-knit suburban lot layout.