Property Overview: 63 Fordham Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond is a practical and well-situated property. Built in 1969, it is slightly newer than many in its immediate area, which can be a plus for maintenance considerations. With 1,418 sqft of living space and a renovated basement, it offers functional room for a family. The attached garage is a valuable asset for Winnipeg winters. Its assessed value of $420k positions it as an average offering within the broader Fort Richmond and city-wide markets, suggesting a fair market entry point.
The appeal lies in its established neighbourhood and its above-average citywide lot size of 6,495 sqft, which is a notable feature for outdoor space compared to many Winnipeg homes. However, perspective is key: while the lot is generous citywide, it is actually on the smaller side for Fordham Bay itself. This creates an interesting dynamic—you get a larger-than-city-average yard in a mature area where lots are typically even bigger. The home suits first-time buyers or growing families looking for a solid, no-fuss property in a convenient south Winnipeg neighbourhood without the premium of a brand-new build. It’s for buyers who value space and location over a modern footprint, and who see potential in a home that has seen some updates, like the basement, but may require other modernizations over time.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
Based on available data, the last known sale was in June 2019 for approximately $335k-$365k. The current assessed value of $420k reflects market changes since then. For precise, up-to-date sold prices, you can request the exact history via email from the listing source.
2. Is the lot size a pro or a con?
This depends on your benchmark. The lot is larger than the typical Winnipeg home, offering great private outdoor space. However, it is smaller than most other lots on Fordham Bay itself. If you prize a big yard, you’re getting one by city standards, but not necessarily the largest on the block.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope, finish quality, or whether it includes a legal secondary suite. This is a key detail to clarify with the seller or your agent to understand the home’s full utility and value.
4. How does the living space compare to the neighbourhood?
At 1,418 sqft, the living area is slightly below the average for both Fordham Bay and Fort Richmond. This indicates the home is comfortably sized but not among the largest in the area, aligning with its position as a more accessible option in the neighbourhood.
5. What are the implications of the 1969 build year?
Being built in 1969 means the home is from an era with generally solid construction, but it also places it in the range where major components (like roof, windows, HVAC, or plumbing) may be due for inspection or replacement. Its slightly newer age compared to some neighbours could be a minor advantage.