Property Overview: 24 Rampart Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 24 Rampart Bay in the Maybank neighbourhood presents a specific and practical value proposition. Built in 1954, its key characteristic is its established, no-frills footprint, featuring 888 sqft of living space on a modest 1,876 sqft lot. The appeal lies in its relative affordability and efficiency. With an assessed value significantly below city and area averages, it offers a lower entry point into homeownership. The home suits first-time buyers, downsizers, or investors seeking a straightforward, manageable property without the upkeep of a larger lot or a modern, expanded layout. A less obvious perspective is that its older vintage (one of the earliest on its street) and compact lot could represent a future redevelopment opportunity in an established area, appealing to those with a long-term view.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value is around average for Rampart Bay itself but is notably below the average for both the wider Maybank neighbourhood and the city of Winnipeg, indicating a potentially more affordable option in the area.
2. Is the living space smaller than typical homes?
Yes. At 888 sqft, the living area is below the average for Maybank and Winnipeg. This suggests a compact, efficient layout best suited for individuals, couples, or those comfortable with cozy spaces.
3. What should I know about the lot size?
The lot is modest, ranking below average on its own street and significantly smaller than typical city lots. This means lower exterior maintenance but also limited private outdoor space.
4. The home was built in 1954. What does that mean?
It is one of the older homes on the street. While this can mean character and established landscaping, it also implies that major systems (like plumbing, electrical, or the roof) may be older or have been updated over time, which should be factored into inspections and budgeting.
5. Where can I find more detailed context about the area?
You can open the provided neighbourhood analysis page to see this property on a map alongside nearby homes, comparing details like year built, living area, and lot size for a clearer picture of its immediate context.