Property Overview: 41 Fieldstone Bay, Heritage Park, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home, built in 1965, presents a practical and straightforward living opportunity in Winnipeg's Heritage Park neighbourhood. Its key appeal lies in its efficient use of space and its position as a relatively affordable entry point into a stable area. With 1,206 sqft of living space, the home is notably above average for its immediate street (ranking in the top 20%), offering more room than many direct neighbours. A recently renovated basement adds modern, functional space.
The property suits first-time homebuyers, downsizers, or practical investors seeking a low-maintenance, single-level layout. Its assessed value is below average for both the street and the wider Heritage Park area, which can indicate a potentially lower property tax burden and an opportunity for value growth. The lot size, while slightly smaller than some area averages, is still generous for the neighbourhood. A thoughtful perspective for a buyer is that this home represents a "value-consistent" choice—it doesn't lead the area in metrics like assessed value, but it offers solid, above-average living space, suggesting you're paying for usable square footage rather than premium positioning or finishes.
Section 2: Frequently Asked Questions
1. How does the home's value compare to recent sales on the street?
Based on available data, the home last sold in July 2023 for an estimated range of $32.5k to $35.5k. At that time, this sale price ranked in the top 31% compared to other sales on Fieldstone Bay, meaning it sold for more than many neighbouring homes historically.
2. Is the living space typical for the area?
Yes, and in one key way it's better. While the living area is around the city-wide average, it is actually above average for Fieldstone Bay specifically, ranking 9th largest out of 46 comparable homes on the street.
3. What does a below-average assessed value mean?
The home's assessed value is below the average for both Fieldstone Bay and the Heritage Park area. This generally suggests a potentially lower annual property tax bill compared to neighbours. It can sometimes indicate a home that is undervalued relative to its market potential, especially given its above-average living space.
4. Are homes from 1965 a concern?
The year built (1965) is very typical for this street and neighbourhood. It's around the average age for the area, so major systems and structures are of a similar vintage to surrounding homes. The renovated basement is a positive update. A standard home inspection is always recommended to understand the condition of the roof, wiring, plumbing, and foundation.
5. What is the neighbourhood context?
Heritage Park is an established, mature neighbourhood. The data shows that homes here, including on Fieldstone Bay, have very consistent ages and lot sizes. This creates a uniform, settled streetscape. The home's metrics suggest it fits comfortably within this consistency, while offering more interior space than many of its direct neighbours.