Property Overview: 74 Tulane Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical, no-frills property built in 1965. With 1,012 sqft of living space, it is notably compact compared to most homes on its street and in the wider area, placing it in the top 91% and 86% for size—meaning it is smaller than the vast majority of its peers. This efficient footprint is paired with a renovated basement, adding functional space, and sits on a roughly 5,800 sqft lot that is fairly typical for the city. The detached garage offers additional storage or parking.
The primary appeal lies in its value and manageability. Its assessed value is modest and around average for the immediate street, suggesting a potentially accessible entry point into the Fort Richmond neighbourhood. This isn't a sprawling show home; its appeal is grounded in practicality. It would suit a first-time buyer, a downsizer looking for single-level living without a large property to maintain, or an investor seeking a straightforward rental property. The renovated basement adds flexibility, potentially serving as a separate suite or family space. A thoughtful perspective: its smaller size and efficient lot could mean lower utility costs and less time spent on upkeep, offering a lifestyle of simplicity in a well-established area.
Section 2: Frequently Asked Questions
1. Is the house significantly smaller than others in the area?
Yes. The living area is 1,012 sqft, which is below average for Tulane Bay, Fort Richmond, and Winnipeg overall. This indicates a more compact, efficient home.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A buyer should inquire about the scope of work, permits, and the current layout (e.g., whether it's a rec room, bedroom, or has a separate entrance).
3. How does the property's value compare?
The assessed value is around average for the immediate street but below average for the broader Fort Richmond area. This can sometimes indicate a more competitively priced home within a desirable neighbourhood.
4. What is the typical lot size here, and how does this one compare?
The lot is 5,826 sqft. It's slightly below average for Fort Richmond but around the typical city-wide size. It provides decent outdoor space without being overly large to maintain.
5. Are there recent sales data for this home?
Yes, it sold in March 2024. The exact sale price is not publicly listed, but the provided range and assessment data offer a strong benchmark for current value.