Property Overview: 50 St Edmund's Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 4-level split home, built in 1971, stands out for its generous proportions both indoors and out. With 1,790 sqft of living space, it offers significantly more room than the average home in its neighborhood, city, and even on its own street. Its most distinctive feature is the land: a 12,401 sqft lot that places it in the top 5% of Fort Richmond for property size, offering exceptional outdoor space and privacy that is rare in the area. The home has a renovated basement and an attached garage.
The appeal lies in this combination of above-average interior space and an elite-sized lot, providing a canvas for family living, gardening, or future expansion. The assessed value is consistently above average across all comparison levels, suggesting a property that holds its worth. It would suit buyers looking for a established-home character with room to grow, who value generous private outdoor space over a brand-new build, and who appreciate a home that performs well in key metrics compared to its peers.
Frequently Asked Questions
1. What does the "Elite" ranking for land area actually mean?
It means this property's lot size is larger than approximately 95-97% of comparable properties in Fort Richmond and citywide. You are getting a parcel of land that is now very uncommon for new developments.
2. The home was built in 1971. What should I consider?
While the systems and structure of a well-maintained 55-year-old home can be solid, a pre-purchase inspection is crucial to understand the condition of major components like the roof, wiring, plumbing, and foundation. The renovated basement is a positive update.
3. How reliable are the past sold price ranges shown?
These ranges are based on public data. For precise historical sale figures to inform your offer, you can request the exact sold price history directly from the site via email, as noted in the details.
4. The assessed value is high for the street. Is that good or bad?
It indicates the municipal assessment recognizes the property's superior attributes (like lot size and living area) compared to its immediate neighbors. It generally reflects a higher valuation, which is positive for equity, but it also informs the calculation for property taxes.
5. What is the practical benefit of a 4-level split design?
This style often provides distinct zones for living, sleeping, and recreation across its levels, which can offer good separation of space and privacy for families. However, it also means multiple sets of stairs, which is a consideration for accessibility and daily life.