Property Overview: 82 Acadia Bay, Fort Richmond
Section 1: Key Characteristics & Appeal
This is a well-situated, single-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1970, it stands out on its street as one of the newer homes in the area. The property’s key strength is its generous, above-average lot size of nearly 7,000 sqft, offering significant outdoor space relative to many city and local comparisons—a notable asset for gardening, play, or future expansion.
The appeal lies in its grounded, no-frills practicality. The living area is modest and below the average for Acadia Bay, suggesting a cozy, efficient layout. It features a renovated basement, adding functional living space without the upkeep of a pool or garage. The recent sold price and assessed value position it as a more accessible entry point within the neighbourhood.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in a mature community. The large lot is a particular draw for those who value private outdoor space over a larger interior footprint. It’s a property for buyers who see potential in land and location, and who prefer a home that is simpler in scope, avoiding the complexities and costs associated with much older foundations or extensive original features.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighbourhood?
At 1,158 sqft, the living area is below the average for both Acadia Bay and Fort Richmond. This indicates a more compact, efficient floor plan compared to many nearby homes.
2. What does the "Elite" ranking for Year Built mean?
On Acadia Bay, where many homes are older, a 1970 build date places it in the top 2% for being newer. This can suggest potentially fewer age-related issues than some immediate neighbours.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value is for tax purposes and is often lower than market value. The home sold in 2023 for a price range above its current assessed value, which is common. For an exact historical sold price, you can request it via email from the site.
4. What are the implications of having no garage?
Buyers should plan for street parking or consider the cost and feasibility of adding a driveway or parking structure. The large lot does provide space for such an addition, subject to local bylaws.
5. The lot is large, but is the house itself expandable?
The significant lot size does create potential for additions, a large shed, or a garage. Any expansion would require checking zoning regulations, setback requirements, and obtaining the necessary permits.