98 Macalester Bay

Property Overview: 98 Macalester Bay, Fort Richmond, Winnipeg

Section 1: Key Characteristics & Appeal

This home is a 1,482 sqft, four-level split built in 1965, situated on a 6,707 sqft lot in Fort Richmond. Its key appeal lies in its balance of space, location, and value. The living area is consistently "around average" compared to the street, neighborhood, and city, offering comfortable, practical space without being oversized. A recently renovated basement adds modern livability to the classic split-level layout.

The property’s standout characteristic is its value proposition. The assessed value is notably below average for both the street and Fort Richmond, ranking in the top 5% and 17% respectively for being lower than peers. This suggests a potentially attractive entry point into the area. Coupled with an above-average city-wide lot size, it offers solid yard space. While the home is older than most on its street, its age is typical for Winnipeg overall, indicating a well-established neighborhood character.

This home would suit practical buyers looking for a balanced offering: first-time homeowners seeking space and a yard without a premium price tag, or value-focused investors. It’s for those who appreciate a renovated basement ready for use and are comfortable with the functional layout of a classic split-level. The data suggests it’s not a luxury property, but a grounded opportunity in a mature neighborhood.

Section 2: Frequently Asked Questions

1. What does the "below average" assessed value actually mean?
It means the city’s assessment for this property is lower than most comparable homes on its street and in Fort Richmond. This can indicate a more affordable tax base and may reflect a value price point, but it is not a direct marker of market selling price.

2. How does the four-level split layout function in daily life?
This style typically features short flights of stairs separating living, sleeping, and utility areas. It offers good separation of space and privacy, but may be less suitable for those seeking single-level living or open-concept flow.

3. The home is older than most on the street. Is that a concern?
It places the home in the older third on Macalester Bay. This isn’t unusual for Winnipeg, but it underscores the importance of a thorough inspection to understand the condition of major aging components like the roof, windows, and foundation.

4. How does the lot size compare?
At 6,707 sqft, the lot is above average for Winnipeg, providing good outdoor space. On its own street and in Fort Richmond, it is squarely average, so it fits the neighborhood norm without standing out as particularly large or small.

5. What is the context of the past sold prices shown?
The listed price ranges from 2022 are based on public data estimates. To get the exact historical sold prices for deeper insight, you must request them via email from the source site, as they are not publicly disclosed in detail.