Property Overview: 96 Tunis Bay, Fort Richmond
Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a well-proportioned living space of 1,972 sqft on a generous 7,364 sqft lot, with an attached garage and a renovated basement. Its primary appeal lies in its above-average scale and established setting. The home ranks consistently in the top tiers for both living area and lot size compared to its immediate street, neighborhood, and city-wide peers, suggesting a property that offers more space than typical for the area. Built in 1966, it is a standard vintage for the street but is slightly older than the Fort Richmond average, indicating a mature, settled streetscape.
The property would suit buyers looking for a spacious family home in a long-established neighborhood, who value larger interior and yard dimensions over a newer build. It also appeals to those interested in a home with a renovated basement, providing immediate functional space. The assessed value places it in the top segments of the market locally, positioning it as a premium offering within its context for buyers who prioritize space and location over a modern construction date.
Frequently Asked Questions
How does the home’s size truly compare to others?
The living area is in the top 18% on its own street and top 11% in all of Fort Richmond, meaning it is significantly larger than most comparable homes in the area.
Is the assessed value a reliable indicator of the likely selling price?
The assessed value of $49.60k places it in the top 10-20% of homes across various comparisons, signaling it is a higher-value property in its peer group. However, market conditions and the home’s specific condition will ultimately determine the sale price.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This would be a key detail to clarify, as it could range from basic finishing to a fully developed secondary suite or living area.
The home is older than the neighborhood average. Should I be concerned?
While built in 1966 (older than the Fort Richmond average), it is typical for Tunis Bay street. This suggests an established, stable area but may mean budgeting for updates to major aging components like roofing, windows, or mechanical systems.
How does the lot size impact the property?
At over 7,300 sqft, the lot is larger than most in Winnipeg (top 14% city-wide). This offers valuable outdoor space, greater privacy from neighbors, and potential for additions or landscaping, which is a key differentiator.