Property Overview

This 4-level split home at 7 Briar Cliff Bay in Fort Richmond offers a practical layout with a recently renovated basement. Built in 1967, it sits on a generous, mature lot with a detached garage. Its key appeal lies in offering above-average interior space for the area within a well-established neighbourhood.

Key Characteristics & Ideal Buyer

The home’s primary strength is its living space. At 1,760 sqft, it is notably larger than most comparable homes on its street, in Fort Richmond, and across Winnipeg, placing it in the top 7-20% for size. This makes it a strong option for buyers needing more room without moving to a newer, often more distant suburb. The renovated basement adds immediate functional space.

The lot size of nearly 7,000 sqft is comfortably above the city-wide average, providing good outdoor potential. However, the home itself is older than many on the street, which may indicate a need for updates to main living areas. The assessed value is consistently around the average for its immediate area, suggesting it is priced in line with neighbourhood expectations rather than standing out as a premium or bargain property.

This property would best suit a buyer who prioritizes interior square footage and a sizable yard over a modern, turn-key home. It’s a practical choice for a family or long-term resident willing to undertake gradual updates to a solid, spacious house in a convenient location.

Frequently Asked Questions

1. How does the home’s age affect its value and condition?
Built in 1967, the home is older than most on its street. While the basement has been renovated, buyers should budget for potential updates to major systems (like roof, windows, plumbing) and main living areas to modernize the property.

2. Is the assessed value a reliable indicator of the likely selling price?
The assessed value ($41,500) is around the neighbourhood average. Recent nearby sales data (like the November 2022 sale in the $39.5k-$42.5k range) suggests the market price should be relatively close to this assessment, but always consult a local agent for a current market evaluation.

3. What are the advantages of a 4-level split layout?
This style typically offers good separation of living spaces, which can be ideal for families seeking defined zones for living, sleeping, and recreation. The multiple levels can also allow for more windows and natural light.

4. The lot is large compared to the city average. What does this mean for me?
The above-average lot size (top 17% city-wide) offers more private outdoor space than many newer homes. This is valuable for gardening, play areas, or future additions like a deck or shed, though it also means more yard maintenance.

5. How can I find out the exact historical sale prices for this home?
The exact sold prices are not publicly listed in detail. As noted on the listing, you can request the precise sale history by emailing the provided service; they manually provide this data without using your email for marketing.