54 Fieldstone Bay

Property Overview: 54 Fieldstone Bay, Heritage Park, Winnipeg

Section 1: Key Characteristics & Appeal

This two-storey home, built in 1965, presents a solid opportunity in Winnipeg's Heritage Park neighbourhood. Its key characteristic is well-proportioned, practical space: at 1,344 sqft of living area, it is notably above average for its immediate street (ranking in the top 9%) and comfortably on par with city-wide averages. The home sits on a 5,496 sqft lot, offering decent outdoor space typical for the area. A significant feature is the renovated basement, adding functional living space. There is no garage or pool.

The appeal lies in its established neighbourhood setting and its position as a spacious, no-fuss property within its local context. For its street and immediate area, it offers more interior space than many comparable homes. The renovated basement adds modern utility without the need for immediate major projects. Its assessed value is positioned moderately within the market, suggesting a potentially accessible entry point.

This home would suit practical buyers looking for move-in-ready space in a mature neighbourhood, particularly first-time homeowners or downsizers who value room to breathe over extravagant features. It’s a property for someone who appreciates a home that performs well on core metrics like living area within its peer group, without the premium often attached to newer builds or luxury finishes.

Section 2: Frequently Asked Questions

1. How does this home’s size really compare to others?
While its living area is average for the entire city, it ranks in the top 9% for size among homes directly on Fieldstone Bay. This means it offers more interior space than most of its immediate neighbours.

2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and functionality of the space.

3. Is the assessed value a reliable guide for the selling price?
The home’s assessed value is $32,600. Notably, the home sold in August 2023 for an estimated $37,500–$40,500, which was significantly above its assessed value at that time. This indicates market conditions and property specifics often drive the sale price rather than the assessment alone.

4. With no garage, what are the parking options?
The property has no garage. Buyers should investigate the driveway capacity (if any) and on-street parking regulations directly with the city or via a site visit to plan for vehicle storage.

5. The home was built in 1965. What should I be aware of?
While the basement has been renovated, the core structure and major systems (like plumbing, electrical, and the roof) are from the original build era. A thorough home inspection is essential to understand the condition and potential future costs for these older components.