Property Overview: 7 Rutgers Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond presents a solid, well-maintained property with notable space and value. Its 1,582 sqft of living area is comfortably above average for both the neighbourhood and the city, offering more room than many comparable homes. A key feature is the renovated basement, adding modern, functional space. The attached garage and a generous 6,539 sqft lot provide practical suburban living.
The appeal lies in its established, mature setting and its strong positional value. While built in 1968, the home's assessed value ranks in the top third locally, suggesting it has been well-kept or updated. It sits on a street where it is one of the newer homes, which can be an advantage in an older neighbourhood. This isn't a flashy property, but a grounded one that offers above-average space and a solid foundation. It would suit practical buyers—growing families, or those looking to upsize from a starter home—who value interior space and a sizable yard over a brand-new build. It’s ideal for someone who appreciates a neighbourhood with mature character and sees potential in a home that already has key renovations like the basement completed.
Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,582 sqft, the living space is above the average for both Fort Richmond and Winnipeg as a whole, placing it in the top 30% locally. You are getting more interior space than most comparable homes.
2. What does the assessed value ranking tell me?
With an assessed value ranking in the top 22% on its own street and top 30% citywide, this suggests the property is valued higher than many of its peers. This often reflects desirable updates, lot placement, or overall condition within its market segment.
3. The home was built in 1968. What should I consider?
While older, it’s actually one of the newer homes on Rutgers Bay. This can mean newer infrastructure compared to neighbours. A thorough inspection is always recommended to understand the condition of major systems like roof, wiring, and plumbing, which may be original or updated.
4. Is the sold price history available?
A past sale is recorded for early 2021 in a range of $32.5k to $35.5k (note: this figure likely represents a down payment or atypical reporting; market value would be significantly higher). For the exact historical sold price, you can request it directly via the provided email service.
5. What are the immediate neighbours like?
The listing shows several nearby properties on Rutgers and Purdue Bays, indicating a stable, established residential area. The proximity to other similar-sized homes suggests a consistent neighbourhood character.