Property Overview: 19 St Dunstan's Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-established, single-storey home in the Fort Richmond neighbourhood. Built in 1969, it offers 1,186 sqft of living space and sits on a 6,161 sqft lot. A key feature is its renovated basement, adding functional living area. The home does not have a garage or pool.
Its primary appeal lies in its value proposition within a mature, stable community. The assessed value is notably below average for its immediate street and area, which can present an opportunity for buyers seeking entry into the neighbourhood. While the living space is modest compared to nearby homes, the lot size is generous by city-wide standards, offering good outdoor potential. The renovated basement adds immediate utility without the need for a major project.
This property would best suit first-time buyers, downsizers looking for single-level living, or value-focused investors. It’s for those who prioritize lot size and location over a large interior footprint and are comfortable with a home that offers solid fundamentals rather than high-end finishes or extensive amenities.
Section 2: Frequently Asked Questions
1. How does this home’s value compare to others in the area?
The home’s assessed value is below the average for both St Dunstan’s Bay and the wider Fort Richmond area, but is around the middle range when compared city-wide. This suggests it may be priced more accessibly within its immediate neighbourhood.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. Buyers should inquire about the finish quality, permits, and the nature of the renovation (e.g., is it a legal suite, a rec room, or additional bedrooms?).
3. Is there potential for expansion or adding a garage?
The lot size is above the Winnipeg average, which provides good outdoor space and potential for future additions like a garage, shed, or deck, subject to local zoning and permit approvals.
4. What are the typical property taxes for an assessed value of $39,400?
Property taxes are not listed. Buyers should use the City of Winnipeg’s tax calculator with this assessed value to estimate annual taxes.
5. The home sold in late 2019. What has changed since then?
The last known sale was between $32.5k and $35.5k in October 2019. The current assessed value is higher. A buyer’s agent can provide a current market analysis to see how recent neighbourhood sales and any updates to the home align with today’s asking price.