Property Overview: 15 Magdalene Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 1972 bi-level home at 15 Magdalene Bay presents a practical and affordable entry point into Winnipeg’s Fort Richmond neighborhood. With 804 square feet of living space and a renovated basement, it offers a compact, low-maintenance footprint on a standard 5,496 sqft lot. The home lacks a garage or pool, emphasizing its straightforward, value-oriented nature.
Its primary appeal lies in its accessibility. The assessed value is notably below average for the immediate street and neighborhood, positioning it as one of the more affordable options in the area. This is a home for those prioritizing location and lot ownership over square footage. It would suit first-time buyers, downsizers, or investors seeking a rental property in a well-established community. A thoughtful perspective is that while the living area is modest, the renovated basement adds functional space, and the home’s age is actually above average for its specific street, suggesting it may be among the better-maintained or updated houses in this particular row.
Frequently Asked Questions
1. How does the size of this home compare to others?
At 804 sqft, the living area is below the average for both Fort Richmond and the city overall. It’s a compact home, making efficient use of space, particularly with the finished basement.
2. Is the assessed value a good indicator of the selling price?
The assessed value is a municipal figure for tax purposes. The last recorded sale was in late 2021. Market conditions and property updates since then mean a current listing price could differ significantly.
3. What does "Top 10%" for Year Built on its street mean?
This statistic indicates that, on Magdalene Bay itself, this 1972 home is newer than about 90% of its direct neighbors. This can sometimes correlate with newer systems or updates compared to other homes on the block.
4. What are the implications of not having a garage?
Buyers should budget for alternative parking solutions and consider the impact of street parking during Winnipeg winters. This is a common trade-off for affordability in older neighborhoods.
5. How can I find out the exact historical sale prices?
The provided sale price ranges are estimates from public data. As noted on the detail page, you can request the exact sale price history by emailing the site directly; they provide this verified information manually.