Property Overview: 27 Briar Cliff Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 4-level split home, built in 1967, offers a practical and spacious layout in the established Fort Richmond neighborhood. Its primary strength is its generous 1,760 sqft of living space, which ranks in the top 7% for size on its own street and well above average for the area. The home sits on a sizable 6,837 sqft lot, providing ample outdoor space that is notably larger than the Winnipeg citywide average. A key modern update is the renovated basement, adding functional living area. The property includes a detached garage.
The appeal lies in securing above-average interior space and a larger-than-typical city lot in a mature, no-fuss neighborhood. It suits buyers who prioritize practical square footage and yard size over a newer build, and who are comfortable with a home of this vintage. A thoughtful perspective is that while the assessed value is around the area average, you are acquiring a property that outperforms peers in tangible metrics like living and land area, suggesting a solid foundation of utility for the price.
Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1967, it is older than many homes on its street and in Fort Richmond. This typically means maintenance and systems (like roof, windows, plumbing) should be carefully evaluated, but it also often comes with the benefit of mature landscaping and established neighborhood character.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. It’s important to inquire about the finish quality, permits, and whether it includes legal secondary suites or simply additional living/recreational space.
3. Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $430k is a municipal figure for tax purposes. Notably, the last recorded sale was in 2021 for a significantly lower price ($345k-$375k range), indicating substantial market appreciation since then. The current selling price will be determined by recent market conditions.
4. What are the implications of a detached garage?
A detached garage offers flexibility and can reduce noise transfer to the main house. However, it may be less convenient during Winnipeg winters compared to an attached garage, and the condition of the structure should be considered.
5. How does the property rank for livable space compared to the wider market?
The living area is a standout feature. It places in the top 20% within Fort Richmond and the top 19% citywide, meaning it offers more interior space than a large majority of comparable homes in Winnipeg, which is a significant advantage for growing families or those needing room.