Property Overview
59 Temple Bay is a 4-level split home built in 1965, situated on a generous lot in Winnipeg's Fort Richmond neighbourhood. Its key appeal lies in offering more space than many comparable homes, both indoors and out, while presenting a value-oriented entry point into the area.
Key Characteristics & Appeal
This home presents a compelling mix of space and value. Its nearly 1,500 sqft of living area is notably larger than many homes on the same street and in Fort Richmond overall. The most distinctive feature is the land: at over 9,000 sqft, the lot size is well above average for the street, neighbourhood, and city, offering significant outdoor potential. The basement has been renovated.
The home’s assessed value is positioned below the local averages for Temple Bay and Fort Richmond, suggesting it may appeal to buyers seeking a cost-effective way to secure a larger property in the area. It suits first-time buyers, value-conscious families looking for room to grow, or investors attracted by the below-average assessment relative to the physical attributes. The 1965 build date places it among the older homes on the street, indicating a property with established character that may appeal to those willing to take on gradual updates in exchange for its spacious fundamentals.
Frequently Asked Questions
1. How does this home’s size compare to others?
Its living space of 1,482 sqft is above average for homes on Temple Bay and in Fort Richmond. The lot size of 9,009 sqft is a standout feature, ranking in the top 12% on its street.
2. What does the below-average assessed value indicate?
While the home is physically larger than many comparables, its assessed value is below the averages for its immediate street and neighbourhood. This can sometimes indicate a value opportunity, but buyers should investigate the property's condition and any factors influencing its municipal assessment.
3. What is the typical home like on this street?
Temple Bay consists primarily of homes built in the mid-1960s. This home is typical in age but offers more living space and a significantly larger lot than the street average.
4. Has the property been updated?
The listing confirms the basement has been renovated. The extent and quality of updates elsewhere in this 1965 home should be verified during a viewing.
5. How can I find out the exact historical sale prices?
The provided sold price ranges are based on public data. The listing service offers to provide exact sold prices via a manual email request, typically fulfilled by the end of the same day.