Property Overview
This 4-level split home at 2 Thornhill Bay in Fort Richmond offers a practical and spacious layout on a generous lot. Built in 1976, it features 1,790 sqft of living space, which is notably larger than most homes on its street and in the wider area. The property includes an attached garage and a full, unrenovated basement, presenting a classic Winnipeg family home with clear potential.
Its primary appeal lies in its above-average interior space and land size (6,817 sqft) for the immediate neighborhood, offering room to grow or customize. The assessed value is consistent with area averages, suggesting a stable investment. This home would suit a buyer looking for a solid, spacious property in a mature community, who is comfortable with a home of this era and may see value in the opportunity to update the basement and other areas over time. It’s a practical choice for those prioritizing square footage and lot size over modern turn-key finishes.
Frequently Asked Questions
How does the living space truly compare to nearby homes?
At 1,790 sqft, this home's living area ranks in the top 4% on its own street and the top 17% in Fort Richmond, meaning it offers significantly more interior space than most comparable properties in the local area.
What is the significance of the "unrenovated basement"?
This indicates the lower level is functional but awaits modernization. For a buyer, it represents both a current cost-saving on the purchase price and a future opportunity to add value and customize the space to their needs.
Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($43,200) is a municipal tax valuation. While it provides a benchmark, the actual market price is determined by current demand, condition, and recent sale prices of similar homes, such as the noted sale in late 2021 in the $39.5k-$42.5k range.
What are the practical implications of a 4-level split design?
This layout offers good separation of living and sleeping areas across multiple half-levels, which can provide privacy for a family. However, it also means more stairs to navigate daily, which is a consideration for mobility or future planning.
How does the lot size benefit a buyer?
The lot of 6,817 sqft is larger than most on the street (top 16%), offering ample backyard space for recreation, gardening, or potential additions like a deck or shed, which is a valuable asset in a mature neighborhood.