Property Overview: 14 Baldry Bay, Fort Richmond

This two-storey home in Fort Richmond presents a compelling blend of space, updates, and established neighborhood character. Built in 1966, it sits on a generous 6,820 sqft lot and offers 1,650 sqft of living space. Key features include a renovated basement, an attached garage, and a private pool. The home’s assessed value places it in the top tier for its immediate area, suggesting a property that stands out in terms of perceived worth or improvements relative to its peers.

Section 1: Key Characteristics & Appeal

The primary appeal of this property lies in its combination of functional updates and above-average space within a mature neighborhood. The renovated basement adds valuable finished living area, while the in-ground pool is a notable amenity for a Winnipeg home. The lot size is larger than the city-wide average, offering good outdoor potential.

Its value proposition is particularly strong on its own street and within Fort Richmond, where its assessment ranks in the top 5-8% of comparable homes. This indicates it is likely viewed as a premium property in its local context, possibly due to its renovations and condition. The home would suit buyers looking for a move-in-ready property in an established area, who value both indoor living space (with the basement finish) and private outdoor recreation (with the pool). It’s a fit for those who appreciate a home with a strong relative value position in its micro-market, rather than just a newer build.

Section 2: Frequently Asked Questions

1. How does the assessed value compare to likely market price?
While the assessed value is a strong indicator for municipal tax purposes and shows the home is a high-ranking property in its area, it is not a direct prediction of sale price. Market conditions, the exact nature of the renovations, and buyer demand will determine the final selling price.

2. What should I consider with a pool in Winnipeg’s climate?
A private pool is a rare luxury but requires specific consideration. Ask about its age, liner condition, filtration system, and typical seasonal maintenance and closing/opening costs. Factor in ongoing upkeep and insurance implications.

3. The home is older—what might need attention?
While the basement is renovated, a 1960s home may have original components elsewhere. A thorough inspection should review the roof, windows, plumbing, electrical systems, and the foundation. The high assessed value may reflect updates to some of these areas.

4. How does the living space compare practically?
At 1,650 sqft, the living area is above average for both the neighborhood and the city. Combined with the renovated basement, it offers ample room for a family. Consider the layout and flow between the main floors and the basement to ensure it meets your daily living needs.

5. What is the neighborhood and street like?
Baldry Bay appears to be a established, quiet street. The data shows homes here have a mix of ages and sizes, with this property being one of the more highly assessed. It’s advisable to visit at different times of day to gauge traffic, noise, and general neighbor activity.