Property Overview: 91 Thornhill Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home built in 1976, offering 1,158 sqft of living space on a generous 6,153 sqft lot in the established Fort Richmond neighborhood. Its key appeal lies in its balance of space, location, and value. The home features a renovated basement and a detached garage.
The property presents a grounded, middle-of-the-road profile in its immediate area. Its living space is slightly below average for Thornhill Bay but is complemented by a lot size that is above average citywide, offering good outdoor potential. With an assessed value of $410,000, it sits in a comfortable median range for the street and neighborhood, suggesting a fair market entry point without the premium of a newer or significantly larger home.
This home would suit first-time buyers, downsizers, or value-oriented investors seeking a manageable, single-level layout in a mature community. Its appeal is for those who prioritize a solid foundation and lot size over modern square footage, and who appreciate a neighborhood with settled character rather than new development.
Section 2: Frequently Asked Questions
1. How does the size of this home compare to others nearby?
At 1,158 sqft, the living area is slightly smaller than the average home on Thornhill Bay (~1,328 sqft). However, the lot size of over 6,000 sqft is notably larger than the Winnipeg average, trading some interior space for more generous outdoor area.
2. Is the assessed value a good indicator of the likely selling price?
The assessed value of $410,000 is a municipal valuation for tax purposes. Recent nearby sales data from late 2024 indicates final sold prices in the mid-$400k range, which is a more direct indicator of current market value.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or agent to understand if it’s a full legal suite, a recreational space, or updated living quarters.
4. As a home from the 1970s, what should I be aware of?
While the home is of average age for the area, a 50-year-old property may have original major systems (like roofing, plumbing, or electrical) nearing or due for updates. A thorough home inspection is highly recommended to assess the condition and plan for any future investments.
5. What are the advantages of a detached garage?
A detached garage offers flexibility—it can be used for vehicle storage, a workshop, or extra storage without impacting the home's living space. It may also provide more options for future landscaping or garden layouts on the lot.