87 Purdue Bay

Property Overview

This one-storey home at 87 Purdue Bay in Fort Richmond presents a solid, mid-century property with a recently renovated basement. Its appeal lies in its established neighbourhood setting and its position as a well-maintained, functional home rather than a standout luxury offering. The house sits on a decent-sized lot and, while its living space is modest, the updated basement adds practical square footage. It would suit first-time buyers looking for a move-in-ready home in a mature area, or downsizers seeking single-level living without the need for extensive maintenance. A thoughtful perspective is that its "around average" metrics across the board suggest a property that is unlikely to overheat in a shifting market, offering stability. Additionally, being one of the newer builds on its own street (built in 1970) hints at potentially fewer age-related issues compared to immediate neighbours.

Frequently Asked Questions

1. How does this home's size compare to others in the area?
At 1,266 sqft of living area, it is slightly below the average for both Fort Richmond and the city overall, but is very typical for homes on Purdue Bay itself. The renovated basement effectively adds to the usable space.

2. What is the significance of the assessed value?
The assessed value of $410k is above average for the street and citywide, but around the neighbourhood average. This can indicate the property is in good condition and/or that the area is desirable, but the final sale price is determined by the current market.

3. Is the lot size a pro or a con?
The lot of just over 6,000 sqft is smaller than the Fort Richmond average but is standard for the street and city. It provides good outdoor space for a family without being overly burdensome to maintain.

4. What can past sale prices on the street tell me?
A nearby, somewhat larger home at 63 Purdue Bay sold for between $335k-$365k in 2017. This provides a historical benchmark, but market conditions have changed significantly since then, so it's most useful for understanding the street's general price range rather than predicting the current value.

5. Why do I need to email to get the exact sold price history?
Exact sale prices are not always publicly available in Manitoba. The service to provide them manually via email is a workaround to offer more precise historical data while complying with local data distribution practices.