Property Overview: 80 St Dunstan's Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond presents a solid, above-average offering in several key metrics. Built in 1969, it features 1,568 sqft of living space and sits on a 6,818 sqft lot, both of which rank notably above average for the city. The home includes an attached garage and a renovated basement. Its assessed value is positioned in the top quarter of Winnipeg homes, indicating strong underlying value for the area.
The appeal lies in its established neighbourhood setting combined with a sense of space. The lot size is a significant asset, offering more outdoor room than most city properties, which is increasingly valued. The renovated basement adds functional living space without the need for immediate work. This property suits practical buyers looking for a move-in-ready home in a mature neighbourhood, who prioritize a larger yard and more interior space over a brand-new build. It’s a sensible choice for growing families or those seeking a long-term home with room to breathe, without venturing into the premium price tiers of newer subdivisions.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street and in Fort Richmond?
The data shows this home is competitive within its immediate area. Its living area and lot size are above the street average, and its assessed value ranks 8th highest out of 35 comparable properties on St Dunstan's Bay, placing it in the top tier for the street.
2. What does the "above average" assessed value indicate?
An assessed value in the top 27% citywide suggests the property is viewed as a higher-value asset compared to the typical Winnipeg home. This often correlates with desirable location factors, lot size, and improvements (like the renovated basement), and can be a marker of stability, though market sale price can vary.
3. Is a 1969-built home a concern?
The year of build is around the average for both the neighbourhood and the city. While some systems (like roof, windows, plumbing) may be due for updates or have been modernized, the age also typically means a mature landscape and an established community feel. A thorough inspection is always recommended.
4. What is less obvious about the value here?
The standout metric is the land area. A lot of this size (over 6,800 sqft) in an established city neighbourhood offers a rarity that isn't always apparent from photos—it provides privacy, gardening potential, and expansion space that is harder to find in newer developments.
5. Who might this property not suit?
Buyers seeking a modern, open-concept layout or who wish to avoid any potential updates that come with a home of this age may find it less suitable. It may also not fit those prioritizing a brand-new neighbourhood aesthetic or who have a strict budget at the very lowest end of the market, given its above-average assessed value.