Property Overview: 83 Purdue Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical, above-average living space of 1,608 sqft, which ranks within the top 20% of homes on its own street. Its appeal lies in its established, quiet neighbourhood and a recently renovated basement, adding valuable finished space. The attached garage and a standard 5,908 sqft lot provide the expected amenities for the area.
The home suits buyers looking for a move-in-ready property with some modern updates in a mature community. It’s particularly well-matched for first-time homeowners or small families who value space over a sprawling yard, as the lot size is more modest compared to others in Fort Richmond. A thoughtful perspective is that while the home’s assessed value is average for the wider city, it represents a solid value within its immediate, desirable pocket of Purdue Bay, suggesting a well-regarded micro-location. The 1968 build date means it comes with the character and sturdy construction of its era, but prospective buyers should be mindful of the potential for age-related maintenance.
Frequently Asked Questions
1. How does the living space truly compare to nearby homes?
At 1,608 sqft, the living area is notably larger than the average home on Purdue Bay (~1,370 sqft) and in Winnipeg overall (~1,342 sqft), offering more interior room than many comparable properties.
2. What does the assessed value tell me about this property?
With an assessed value of $41.50k, this home sits around the middle range for the broader Fort Richmond area and citywide, but is above average for its specific street, indicating it may be a premium property on its block.
3. Is the lot size a drawback?
The lot of 5,908 sqft is average for the street but below average for the larger Fort Richmond neighbourhood, where lots are typically larger. This means less yard maintenance but also less private outdoor space than some area homes.
4. What can recent sale history tell us?
The home sold in late 2021 for between $38.50k and $41.50k, aligning closely with its current assessed value. This suggests a stable market value without extreme fluctuations in recent years.
5. Who are the most direct comparable properties?
The most relevant comparisons are neighbours on Purdue Bay, like 63 Purdue Bay, which has a similar age and assessed value but a different layout and living area. This street-specific data is more useful than wider neighbourhood averages for gauging true value.