Property Overview: 54 Rutgers Bay, Fort Richmond, Winnipeg
This one-storey home in Fort Richmond presents a practical opportunity in a well-established neighbourhood. Built in 1968, it features an attached garage and a renovated basement. With 1,204 sqft of living space on a 6,011 sqft lot, its size is modest compared to immediate neighbours but aligns more closely with broader city averages. The home’s assessed value is positioned below the street average but is competitive within the wider Fort Richmond area.
Key Characteristics & Appeal
The primary appeal of this property lies in its balance and potential. It suits first-time homebuyers, downsizers, or investors looking for a solid entry point into a mature Winnipeg neighbourhood like Fort Richmond. The renovated basement adds immediate functional living space without the need for initial work. While the living area is smaller than others on the street, this can translate to lower utility costs and less maintenance—a practical advantage. The lot size, though below the neighbourhood average, still provides ample outdoor space for a garden or recreation. A thoughtful perspective is its "age rank" on the street; being one of the newer homes in this specific cluster suggests potentially fewer major age-related issues than some direct comparables. Its historical sold prices indicate steady value, appealing to those seeking a stable, no-frills investment.
Frequently Asked Questions
1. How does the size of this home compare practically?
While below the average for Rutgers Bay, the living area is near the city-wide average for homes. The renovated basement effectively expands the usable space, making the home feel larger than the main-floor square footage suggests.
2. What does the assessed value indicate?
The assessed value is below the street average but around the average for Fort Richmond. This can sometimes represent a value opportunity relative to the immediate area, but property taxes will be based on this figure.
3. Is the older build year a concern?
Built in 1968, the home is of a typical age for the area. Notably, it is one of the newer homes on its specific street, which may be advantageous. A thorough inspection is always recommended to understand the condition of major systems.
4. What is the neighbourhood like?
Fort Richmond is a long-established neighbourhood with a mix of residential streets. The proximity to similar-valued homes on other streets, like Woodchester Bay, suggests a consistent community character and value range.
5. Where can I find exact historical sold prices?
The listing service provides sold price ranges from public data. For precise sale figures, you must request the information directly from them via email, as they manually verify and provide the exact numbers.