Property Overview: 94 Tulane Bay, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a well-maintained, one-storey home from 1965 on a generous, mature lot in the established Fort Richmond neighbourhood. With 1,042 sqft of living space and a renovated basement, it offers functional, single-level living. The home’s assessed value is notably accessible compared to many in the city, presenting a value-oriented entry point into a desirable area.
Its primary appeal lies in its balance of space, location, and price. The lot size is above the city-wide average, offering ample outdoor potential. While the living area is modest for the immediate street and neighbourhood, it is close to the city-wide average, suggesting a comfortable footprint for the right buyer. The renovated basement adds valuable flexible space. This property would suit first-time buyers, downsizers seeking single-level living, or value-focused investors attracted by the below-average assessment in a stable area. A thoughtful perspective is that a home of this vintage on a large lot may offer more potential for personalization and outdoor enjoyment than newer, denser developments, appealing to those who value character and space over sheer square footage.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others in the area?
At 1,042 sqft, the living area is below the current average for both Tulane Bay and the broader Fort Richmond neighbourhood. However, it is close to the Winnipeg city-wide average, indicating a comfortable size for many households, especially when combined with the additional renovated basement space.
2. What does the assessed value indicate?
The assessed value of $37,900 is below the neighbourhood average but around the average for the city. This often suggests a more affordable entry point into Fort Richmond, which can mean a lower property tax base, but it’s essential to compare this with the final sale price for true market context.
3. What are the implications of the home’s age?
Built in 1965, the home is of average age for its street and the city. Buyers should factor in the potential for updates to major aging components (like roof, windows, plumbing) while appreciating the established neighbourhood and mature landscaping that comes with an older property.
4. Is the detached garage a drawback?
A detached garage offers flexibility for use as a workshop or studio separate from the house but is less convenient in Winnipeg winters than an attached one. The large lot likely provides good driveway space for parking.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are based on public data. The exact sold price history is available by request via email from the listing source, which provides the accurate figures manually without using your email for unsolicited marketing.