Property Overview
This one-storey home at 54 Briar Cliff Bay in Fort Richmond presents a practical opportunity in a mature Winnipeg neighbourhood. Built in 1969, its key appeal lies in its generous 7,710 sqft lot, which is notably larger than most in the area, offering valuable outdoor space and potential. The living area of 1,232 sqft is comfortably average for the street and neighbourhood. A renovated basement adds functional living space. The home lacks a garage and pool, positioning it as a straightforward, lower-maintenance property.
Its assessed value is modest and in line with area averages. The home last sold in 2020. This property would suit a first-time buyer, a downsizer looking for a manageable single-level layout, or an investor seeking a land-value play with a rentable dwelling. Its true standout feature is the lot size, which provides a sense of space and privacy that is becoming rarer in established suburbs.
Frequently Asked Questions
How does the lot size compare to others?
The lot is a significant feature. At 7,710 sqft, it ranks in the top 11% on its own street and the top 18% in Fort Richmond, meaning it offers more yard space than the vast majority of comparable properties.
Is the home recently updated?
The listing specifies a renovated basement, suggesting modernized living space below grade. The condition of the main floor and systems (roof, windows, HVAC) of the 1969-built structure should be verified by a professional inspection.
What are the parking arrangements?
The home has no garage. Buyers should plan for driveway and street parking, which is common for homes of this vintage in the area.
How does the assessed value relate to market price?
The assessed value is for municipal tax purposes. The last known sale was in 2020, so current market value will be influenced by recent neighbourhood sales, condition, and market trends. The assessed value provides a baseline but is not a sale price.
What is the neighbourhood like for amenities and convenience?
Located in Fort Richmond, it is close to the University of Manitoba, major transportation routes, and retail corridors. The area is well-established with mature trees and a mix of long-time residents and students.