Property Overview: 83 Rutgers Bay, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 4-level split home, built in 1967, offers a compelling blend of space and value in the established Fort Richmond neighbourhood. Its primary appeal lies in its generous proportions: the 1,759 sqft living area is notably larger than most comparable homes locally, ranking in the top 10% on its street. The lot size of 6,773 sqft is also well above average, providing ample outdoor space. While the basement is noted as unrenovated and there is no garage, the property’s assessed value is positioned below the local street average, suggesting potential value for the square footage offered.
This home would suit practical buyers looking for room to grow without a premium price tag. It’s ideal for those who prioritize interior and yard space over turn-key condition and are comfortable with a home that may require updates. The unrenovated basement presents a blank canvas for customization. A less obvious perspective is that its "below average" assessment for the street could represent a relative value opportunity in a stable, mature neighbourhood, especially for a buyer planning to hold the property long-term.
Frequently Asked Questions
1. What does the "below average" assessed value ranking mean?
It indicates the home’s official assessed value is lower than most similar homes on Rutgers Bay. This doesn't directly dictate market price, but it can sometimes point to a value proposition or reflect the unrenovated condition of the basement.
2. Is the lack of a garage a significant drawback?
This depends on the buyer’s needs. While it saves on maintenance and costs, it requires alternative planning for vehicle storage and storage space. The large lot may offer potential for adding a garage or shed, subject to local bylaws.
3. What are the implications of a 1967 build date?
The home is of average age for the area. Buyers should budget for expected maintenance and updates common to houses of this era, such as windows, roofing, and mechanical systems, while also appreciating the character and established lot that come with an older property.
4. How accurate are the listed past sale prices?
The listed price ranges are based on public data. For precise historical sale figures, you must request the exact data via email, as noted on the detail page.
5. What is the neighbourhood like?
Fort Richmond is a mature, established community. The proximity to similar-valued homes on different streets suggests a consistent, stable area, likely appealing to those seeking a quiet, residential setting without being brand-new.