Property Overview: 91 Rampart Bay, Winnipeg
Section 1: Key Characteristics & Appeal
This home at 91 Rampart Bay in the Maybank neighbourhood presents a compelling case for a specific type of buyer. Built in 1954, it is one of the older homes on its street, which can imply a well-established, mature streetscape. With 1,032 sqft of living space, it offers more room than most comparable homes in the immediate area, ranking in the top 7% on Rampart Bay for size. The assessed value is notably modest, especially when viewed against city-wide averages, suggesting a potentially lower property tax burden.
The primary appeal lies in its positioning as a relatively spacious home in a neighbourhood context, paired with a very accessible price point. It would suit a first-time homebuyer, an investor looking for a rental property, or a downsizer seeking a manageable home without sacrificing all their living space. A thoughtful perspective is that its "below average" city-wide rankings for lot size and value might actually be an advantage, offering entry into a stable area without the premium price tag of a larger lot. It’s a practical choice for those prioritizing interior space and value over a sprawling yard or a brand-new build.
Section 2: Frequently Asked Questions
1. How does the home’s age affect its value and condition?
Built in 1954, the home is among the oldest on the block. This typically means potential for original charm but also suggests that key systems (like plumbing, electrical, or the roof) may need updating or have been updated over time. A thorough inspection is highly recommended.
2. The assessed value seems low compared to the city. What does this mean?
The assessed value is used for calculating property taxes. A value significantly below the Winnipeg average generally points to lower annual property taxes, which is a financial positive. It reflects the municipality’s valuation, not necessarily the current market sale price.
3. Is the living space actually larger than nearby homes?
Yes, the data indicates that at 1,032 sqft, this home has more living area than approximately 93% of the 60 comparable properties on Rampart Bay itself. This is its standout feature within the immediate locale.
4. What can the past sale price range tell me?
The home sold between $200k-$250k in 2019. This provides a historical benchmark, but market conditions have likely changed. For the exact sale price to inform your offer, you can request it directly from the listing service.
5. The lot is smaller than many in Winnipeg. Is that a drawback?
With a 3,199 sqft lot, the property requires less exterior maintenance than larger city lots. This can be a benefit for those seeking a lower-maintenance lifestyle. However, it may limit options for large additions, pools, or extensive landscaping.