Property Overview
6 Celtic Bay is a 1,540 sqft, 4-level split home built in 1967, situated on a 5,607 sqft lot in Winnipeg's Fort Richmond neighborhood. It features a renovated basement and no garage. Recent sales data indicates it sold in July 2023 for approximately $36,500–$39,500.
Key Characteristics & Appeal
The primary appeal of this home lies in its efficient use of space and its position within a well-established neighborhood. Its living area is notably above average for its immediate street and the city overall, offering more interior room than many comparable homes. The renovated basement adds modern, functional space. As the oldest home on its street, it may possess a character and construction quality distinct from newer builds.
Its assessed value is relatively low for the area, which could present an entry point into Fort Richmond for value-conscious buyers or indicate potential for value growth. The property would suit a buyer looking for a spacious, multi-level layout in a mature neighborhood, who prioritizes interior square footage over a large yard or garage. It’s a practical choice for those comfortable with a home of this vintage and its associated maintenance, but who appreciate the updates that have been made.
Frequently Asked Questions
1. Why is the assessed value lower than many neighbors?
While the home's living space is generous, its assessed value is below average for the street and area. This can be due to a variety of factors, including the home's age, specific market conditions at the time of assessment, or the lack of certain features like a garage.
2. What are the pros and cons of a 4-level split?
This layout offers good separation of living and sleeping areas, often creating distinct zones for entertainment, family life, and private quarters. However, it involves navigating several flights of stairs, which may not suit everyone's lifestyle or mobility needs.
3. What does "renovated basement" typically include in a home of this age?
While specifics would require an inspection, in a 1967 home this often means updated flooring, lighting, and drywall, and possibly modernized electrical or moisture management. It's important to clarify the scope and permits for any renovations.
4. How does the lack of a garage affect daily life and value?
This means all vehicle parking will be on the driveway or street, which requires consideration for Winnipeg winters. The absence of a garage also removes a typical storage and utility space, though it may be offset by the basement renovation.
5. The home sold recently in 2023. What does that suggest?
The relatively quick resale could indicate a number of things—from a change in the owner's circumstances to investor activity. It underscores the importance of a thorough inspection to understand the property's current condition since the last sale.