Property Overview
63 Acadia Bay is a one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1968, it features 1,034 sqft of living space, a renovated basement, and a detached garage on a 6,264 sqft lot.
Key Characteristics & Appeal
This home presents a practical opportunity in a well-established area. Its primary appeal lies in its efficient, single-level layout and the value-added potential of a renovated basement, which expands usable living space. The lot size is notably larger than the city-wide average, offering generous outdoor space for a home of this style—a relative rarity that provides room for gardening, play, or future expansion.
The data suggests it is a modestly-sized home even for its immediate street and neighbourhood, indicating it may be one of the more accessible entry points into the Acadia Bay area. With an assessed value that is consistent with nearby properties, it represents a grounded, no-frills option. This property would suit first-time buyers, downsizers seeking a manageable single-level home, or value-focused investors looking for a stable rental property in a mature community. Its appeal is functional rather than luxurious, offering the fundamentals of homeownership in a convenient location.
Frequently Asked Questions
1. How does the home's size compare to others?
At 1,034 sqft, the living area is below the average for both the immediate street and the Fort Richmond neighbourhood, but is close to the average for the entire city. It is a compact, efficiently planned home.
2. Is the lot size a positive feature?
Yes. While the lot is below average for the street, it ranks in the top 26% city-wide. This means you get more outdoor space than most Winnipeg homes, which is a significant advantage for privacy and outdoor activities.
3. What does the assessed value tell us?
The assessed value is around average for the area, indicating the property is priced consistently with its local market and isn't an outlier. It suggests a stable, realistic valuation.
4. The home was last sold in 2019. What should I consider?
As a home that changed hands relatively recently, any major updates were likely made by the current owners. It’s important to inquire about the specifics and quality of the basement renovation and any other changes made since then.
5. Who might this property not suit?
Given its below-average living space for the neighbourhood, it may feel cramped for growing families needing multiple bedrooms or dedicated workspaces. Buyers seeking a move-in-ready home with modern, open-concept layouts may find the 1968 floor plan requires updates.