Property Overview: 11 Temple Bay, Fort Richmond, Winnipeg
Key Characteristics, Appeal & Ideal Buyer
This two-storey home in Fort Richmond presents a compelling blend of established neighbourhood character and above-average metrics. Built in 1965, its key strength lies in its generous and efficient living space. At 1,568 sqft, the home ranks in the top 9% for size on its street and the top 28% in Fort Richmond, offering more room than many comparable properties. This is paired with a recently renovated basement, adding valuable finished space. The home’s assessed value also ranks highly, suggesting a solid investment relative to the immediate area.
Its appeal is rooted in being a well-sized, updated home on a quiet bay, likely attracting buyers who prioritize interior space and modernized living areas over a large yard, as the lot size is more compact than some neighbours. The detached garage adds practical storage or workshop potential. It would suit a downsizer from a larger property seeking a manageable home without sacrificing room for family, or a young family looking for move-in-ready space in a mature, convenient neighbourhood. A thoughtful perspective is that this property represents a "sweet spot" – it’s not the newest nor the largest lot, but it offers a premium amount of modernized living area for its setting, which is a trade-off that many practical buyers actively seek.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
This home is notably spacious for its location. Its living area is larger than approximately 91% of similar homes on Temple Bay and 72% of those in the wider Fort Richmond area.
2. What is the significance of the assessed value ranking?
The assessed value is in the top 6% on its street and top 28% in Fort Richmond. This generally indicates the municipality views it as a higher-value property within its peer group, which can be a positive signal for underlying value, though market price is determined by buyers.
3. Is the lot size a drawback?
The lot is smaller than many in Fort Richmond. This may limit extensive landscaping or expansion potential but often results in lower maintenance—a plus for those seeking a manageable yard. The space is efficient and typical for many urban bays.
4. The home was built in 1965. What should I consider?
While the basement has been renovated, a home of this age will have core systems (roof, plumbing, electrical) that are likely older or have been updated over time. A thorough inspection is recommended to understand the condition and any upcoming maintenance.
5. How can I find out the exact historical sale prices?
The provided sold price ranges are based on public data. You can request the precise sale history by emailing the listing service via the "Get exact sold price history" button; they provide this detail manually without using your email for unsolicited marketing.