Property Overview: 28 Bernfield Bay, Richmond West, Winnipeg
Key Characteristics & Appeal
This home at 28 Bernfield Bay is a well-positioned property in Winnipeg's Richmond West neighbourhood, built in 1993. Its primary appeal lies in offering above-average space and value when viewed from a city-wide perspective. With 1,582 sqft of living area, it provides more interior space than roughly 74% of Winnipeg homes. The assessed value of $488,000 is notably above the city-wide average, yet it sits below the average for its own street, suggesting a potentially attractive entry point into this specific location.
The lot size of 5,607 sqft is consistent with area norms, providing typical outdoor space for the community. The home’s age places it among the newer half of properties citywide, likely meaning modern construction standards without the premium or potential issues of a very recent build.
This property would suit practical buyers looking for a balanced, move-in-ready family home in a stable neighbourhood. It’s ideal for someone who values more interior space than the typical Winnipeg home offers, while being mindful of value within a desirable local context. It may also appeal to buyers who see opportunity in a home assessed below its immediate street average, anticipating future equity growth as the area evolves.
Frequently Asked Questions
1. How does this home’s value compare to others on the same street?
The home’s assessed value of $488,000 is below the average ($513,000) for comparable homes on Bernfield Bay. This could indicate a value opportunity, but it’s wise to investigate the specific reasons, which may include factors like updates, layout, or lot specifics.
2. Is the living space sufficient for a growing family?
At 1,582 sqft, the living area is slightly below the Richmond West average but remains above the Winnipeg city average. It should comfortably accommodate a typical family, though those wanting significantly larger rooms or more bathrooms may want to verify the specific floor plan.
3. What does the 1993 build year imply for maintenance?
Built 33 years ago, this home is past the initial wear period of major components. A thorough inspection is recommended to assess the current condition and potential upcoming investments in roofing, windows, or major mechanical systems, which may be nearing the end of their service life.
4. Why is there no sales history shown for this listing?
As noted in the data, sold price information is not sourced from the MLS. You can request exact historical sales figures manually via the provided email option to get a complete picture of its transaction history.
5. Are the property taxes likely to be high given the assessed value?
While the assessed value is above the city average, property taxes are also influenced by the municipal mill rate. You can estimate taxes by applying the current Winnipeg mill rate to the assessed value, but consulting with the city or a tax professional for an exact calculation is advisable.