Property Overview: 80 Tunis Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond presents a solid, grounded opportunity in a mature neighbourhood. Built in 1965, it features 1,600 sqft of living space and a renovated basement. Its key appeal lies in its generous 7,364 sqft lot, which is notably larger than many city-wide and local comparisons, offering valuable outdoor space and potential. The home’s assessed value and living area are consistently around or above average for its immediate street and broader area, suggesting it’s a well-positioned, typical home for the locale rather than an outlier.
The property would suit practical buyers who value space over flash—first-time homeowners looking for a manageable entry into a stable area, or downsizers seeking a single-family home with room for a garden without the premium of a newer build. Its appeal is less about luxury finishes (there is no pool) and more about the inherent value of land and location. A thoughtful perspective is that this home represents the "backbone" of the neighbourhood: unassuming, spacious, and offering a canvas for personalization rather than a turn-key showcase.
Section 2: Frequently Asked Questions
1. How does this home compare to others on the street and in Fort Richmond?
The data shows it is very typical for Tunis Bay, with living area and assessed value rankings right around the middle. Its standout feature is the land area, which is above average for the street. In the broader Fort Richmond context, the lot size remains a strong point, while the home’s 1965 build date is older than many in the area.
2. What can the sold price history tell me?
The home sold in August 2022 for an estimated range. To understand true market movement and value, comparing this with the current assessed value and requesting the exact sold price (provided via email by the site) is a necessary step for serious evaluation.
3. What are the implications of having a renovated basement?
A renovated basement adds functional living space, which is a significant asset. Buyers should inquire about the nature, quality, and permits for the renovation to understand its value and ensure it meets their needs for additional bedrooms, a family room, or a suite.
4. Who might this property not suit?
It may not suit buyers seeking a modern, low-maintenance property or those prioritizing a recently built home, as some systems and finishes may be due for updates. It’s also likely not for those who prefer a compact, urban lot.
5. The assessed value seems high city-wide but average locally. What does that mean?
This indicates that Fort Richmond and this specific street represent areas of relative value within Winnipeg. The city-wide ranking suggests you get more property here for your assessed value dollar compared to many other city neighbourhoods, while locally, you are buying in line with the market, not overpaying for the immediate area.