Property Overview & Key Characteristics
This two-storey home in Fort Richmond’s Rutgers Bay area presents a solid, grounded opportunity. Built in 1967, it sits on a generous 6,438 sqft lot, which is notably above average for Winnipeg overall. The 1,592 sqft living space is comfortably above average for both the neighbourhood and the city, and it includes a renovated basement and an attached garage.
Its primary appeal lies in its established, quiet neighbourhood and the value offered by its spacious lot and practical living area. The home doesn’t rank in the top tier for newness or assessed value on its street, but it represents a stable, middle-of-the-road option in a desirable area. The renovated basement adds immediate functional living space without the need for a major project.
This property would suit practical buyers looking for a family home with room to grow outdoors, or those who value the character and mature streetscapes of an established community over a brand-new build. It’s a sensible choice for someone who wants a home that’s move-in ready with some updates, but who may also see potential in the sizable lot for future gardening, play, or expansion.
Frequently Asked Questions
1. How does this home’s value compare to others nearby?
The home’s assessed value is around the average for both Rutgers Bay and the wider Fort Richmond area. This suggests it is priced consistently with the local market, neither a standout bargain nor overvalued compared to immediate neighbours.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the scope or finish. Buyers should inquire about the quality of the renovation, whether it includes a proper bathroom or kitchenette, and if permits were obtained for the work.
3. Is the lot size a significant advantage?
Yes, particularly from a city-wide perspective. The lot is in the top 23% in Winnipeg for size, offering more private outdoor space than many newer properties. This is a key asset for privacy, recreation, or future landscaping projects.
4. The home was built in 1967. What should I be aware of?
While the systems and structure may be well-maintained, a home of this age may have original or aging components like plumbing, electrical, windows, or the roof. A thorough inspection is recommended to budget for any potential updates.
5. Why is the exact historical sold price not publicly listed?
The provider uses a manual verification process to ensure price accuracy and to protect against misleading automated data. They offer to send the exact figure directly via email upon request, typically by the end of the same business day.