Property Overview
This one-storey home at 71 Tulane Bay in Fort Richmond presents a practical and comfortable living opportunity. Its key appeal lies in a balance of space, location, and value within a well-established neighbourhood.
Key Characteristics & Suitability
The 1,220 sqft home sits on a 6,255 sqft lot, offering a manageable yard size. A recently renovated basement adds valuable finished living space. The home was built in 1965, placing it among the older homes in Fort Richmond, but its above-average assessed value for the street and city suggests it has been well-maintained or updated. The living area is consistently "around average" when compared to the street, neighbourhood, and wider city, indicating a comfortable, typical size for the area without being overly large or small.
This property would suit first-time buyers or downsizers looking for a single-level layout in a mature neighbourhood. Its appeal is grounded in being a solid, no-frills home—it has no pool but includes an attached garage. The data suggests it's a house that holds its own value well on its street, potentially offering a sense of stability. A thoughtful perspective is that while the lot size is below average for Fort Richmond, it is above average city-wide, meaning less yard maintenance than some area homes but still a good private outdoor space compared to many newer developments.
Frequently Asked Questions
1. How does this home’s value compare to its neighbours?
The home’s assessed value is in the top 14% on Tulane Bay itself, meaning it is valued higher than most directly comparable houses on the same street. This often indicates perceived desirability, updates, or a premium lot position.
2. Is the living space considered small for the area?
No. At 1,220 sqft, the living area is very close to the average for both Tulane Bay and the entire City of Winnipeg. It provides a typical amount of space for a family or couple.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or rooms. This is a key detail to clarify with the selling agent to understand the home’s full liveable space and functionality.
4. The home is older than many in Fort Richmond. Should I be concerned?
Built in 1965, it is older than the neighbourhood average. This typically means potential for older components (like plumbing or electrical) to need attention, but it can also mean a larger lot and more established landscaping than newer homes. Its strong assessed value suggests it hasn’t been neglected.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service provides an estimated range and offers to send the precise sale history via email upon request, which they handle manually without using the contact for unsolicited marketing.