Property Overview
23 Mount Allison Bay is a well-maintained, one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1971, it offers 990 sqft of living space on a 6,051 sqft lot. The home features a renovated basement and has seen steady appreciation in recent years. Its assessed value is $36,400.
Key Characteristics & Appeal
This home presents a practical and affordable entry point into the stable Fort Richmond area. Its key appeal lies in its balance of a manageable size and a generous lot. While the living space is compact, the renovated basement adds functional area, making it ideal for a small family, a couple, or a first-time buyer. The lot size is notably larger than the Winnipeg city average, offering valuable outdoor space for gardening, play, or future expansion that is rare for the price point.
The property suits buyers looking for a low-maintenance, single-level layout without the premium price of a newer home. Its consistent value increase, as shown in its sale history, suggests it's in a desirable micro-location within the street itself. It’s a sensible choice for someone who values a quiet, established neighbourhood over high-end finishes or square footage, and who sees potential in the land itself.
Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 990 sqft, the living area is slightly above average for Mount Allison Bay but below the average for the broader Fort Richmond neighbourhood. It's a comfortably sized home for its street.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This would be a key point to clarify with the seller or agent to understand the quality and added functionality.
3. Is the assessed value a reliable indicator of the selling price?
The assessed value for municipal taxes is often different from market value. Recent sale prices on the street and in the area, which have been rising, are more current indicators of what the market may bear.
4. There is no garage. Is there parking?
The listing specifies no garage. Typically, homes in this area have driveway or on-street parking, but verifying the specific parking situation for this property is recommended.
5. The home was last sold in early 2025. Why is it back on the market?
The quick resale could be due to many neutral factors, such as a change in the buyer's circumstances. It does not inherently indicate a problem with the property and is a common question for any viewing.