Property Overview

23 Temple Bay is a one-storey home in Winnipeg's Fort Richmond neighbourhood. Built in 1967, it offers 1,016 sqft of living space and sits on a 5,602 sqft lot. The home features a renovated basement and does not include a garage or pool. Its assessed value is $37,200.

Key Characteristics & Appeal

This home presents a practical, no-frills opportunity in a well-established area. Its primary appeal lies in being an affordable, single-level living option with a move-in-ready basement. The lot size, while below average for the immediate street, is close to the city-wide average, offering decent outdoor space.

It would suit first-time buyers or downsizers seeking a manageable footprint without major renovation projects. The renovated basement adds immediate functional space, which is a key value-add. A less obvious perspective is that its "below average" metrics for the street and neighbourhood could represent a lower entry point into a stable area, potentially appealing to the long-term holder who prioritizes location over size. It’s a home for those who see utility in a compact layout and value the character of an older, settled community over modern square footage.

Frequently Asked Questions

1. How does the size of this home compare to others?
At 1,016 sqft, the living area is below the average for both Temple Bay and the wider Fort Richmond area, positioning it as a more compact option.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value is for taxation purposes. Recent sold price data (Dec 2023: $33.5k–$36.5k) provides a more direct, though historical, market comparison. Exact sold prices are available upon request.

3. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the scope. This would require clarification during a viewing to understand the finish quality and layout.

4. What are the implications of not having a garage?
Buyers should factor in the cost and logistics of alternative parking and storage. The neighbourhood's walkability or public transit access may offset this for some.

5. The home was built in 1967. What should I be aware of?
While the basement has been updated, a home of this age may have original major systems (like plumbing, electrical, or the roof) that require inspection to assess their condition and remaining lifespan.