63 Loyola Bay

Property Overview: 63 Loyola Bay, Fort Richmond

Key Characteristics & Appeal

This one-storey home in Fort Richmond is a practical property that stands out for its generous, above-average lot size of over 7,500 sqft—a notable feature within its immediate area and across Winnipeg. Built in 1969, the 1,002 sqft house presents a straightforward opportunity. Its appeal lies in its relative affordability, as reflected in its below-average assessed value for the Fort Richmond neighbourhood, and the value-added potential of its renovated basement. The home doesn't offer flashy extras like a garage or pool, but it provides solid fundamentals: a manageable living space on a large parcel of land in a mature, established community.

This property would suit a first-time buyer looking for an entry point into the market with room to grow outdoors, or a downsizer seeking a single-level layout without compromising on yard space. It’s a home for those who see potential in the land itself and appreciate a house that is competitively priced within its local context, allowing budget for future updates to the main living areas.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The assessed value is around average for its specific street but is below the average for the broader Fort Richmond area. This suggests it may offer a more accessible price point within a desirable neighbourhood.

2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify with the seller or listing agent to understand the finish quality and any added living space.

3. Is the large lot a usable shape, or is it an odd configuration?
While the total land area is a significant asset, it’s wise to verify the lot’s dimensions and layout to ensure it meets your needs for gardening, recreation, or potential additions.

4. Given the age of the home, what should I investigate during a viewing?
With a construction date of 1969, pay close attention to the condition of major systems like the roof, plumbing, electrical, and foundation, which may be original or nearing the end of their service life.

5. Why are past sold prices shown as a range?
The provided sold price ranges are based on publicly available data. To obtain the exact historical sale figures for this property, you must request them directly from the listing service via the provided email link.