Property Overview: 91 Macalester Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and straightforward property built in 1965. With 1,202 sqft of living space, it is moderately sized, offering a manageable footprint that is common for the area. A key feature is the renovated basement, which adds valuable finished space. The property sits on a 6,374 sqft lot, which is notably larger than the Winnipeg city average, providing generous outdoor space uncommon in many newer neighbourhoods. A detached garage offers additional storage or workshop potential.
The appeal lies in its position as a solid, no-frills home in a well-established community. It suits first-time buyers seeking an entry point into the market without major immediate renovations, or downsizers looking for a single-level layout with a low-maintenance yard. The renovated basement and larger lot offer flexibility—space for a growing family, a home office, or simply room to garden and relax. From an investment perspective, its assessed value is stable and in line with the street, suggesting it’s a typical, fairly priced offering for the locale rather than an outlier. It’s a home for those who value space and practicality over modern luxury.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,202 sqft, the living area is below the average for Macalester Bay itself but is very close to the overall Winnipeg city average. This indicates it's a moderately sized home on a street where many houses are slightly larger.
2. What does the "renovated basement" typically include?
The listing confirms the basement is renovated but does not specify the finishes or layout. Buyers should inquire about the quality of the renovation, whether it includes a bathroom or kitchenette, and if proper permits were obtained.
3. Is the lot size a significant feature?
Yes. While the lot is slightly smaller than others on Macalester Bay, it is larger than the typical Winnipeg lot. This is a less obvious advantage, providing more private outdoor space than many properties city-wide.
4. How does the assessed value relate to the likely selling price?
The assessed value for tax purposes is $39,900k. It's crucial to note that this is not a market valuation. Recent sold price ranges for the home (e.g., $39.5k–$42.5k in 2021) and comparable local listings should be used to gauge current market value.
5. What is the neighbourhood like for amenities and convenience?
Fort Richmond is a mature neighbourhood near the University of Manitoba. Residents typically benefit from proximity to academic institutions, parks, and established shopping routes, offering a quiet residential feel with convenient access to services.