Property Overview

82 Celtic Bay is a 1,540 sqft, 4-level split home built in 1967, situated on a 5,607 sqft lot in Winnipeg's Fort Richmond neighborhood. It features a renovated basement and does not include a garage or pool. The home's assessed value is $39,600.

Key Characteristics & Appeal

This home’s primary appeal lies in its efficient use of space and its established neighborhood setting. With 1,540 sqft of living area, it offers significantly more room than most homes on its street and is above the city-wide average, providing a sense of spaciousness within a modest footprint. The renovated basement adds modern, functional living space. As the oldest home on Celtic Bay (built in 1967), it likely possesses a character and construction quality distinct from newer builds, potentially featuring more mature landscaping. The lot size, while smaller than the Fort Richmond average, is typical for the city overall.

It would suit practical buyers looking for a home with room to grow in a settled area, particularly those who value a renovated lower level for a family room, home office, or suite potential. It’s also a sensible option for buyers who prioritize interior space over a large yard or garage, and who appreciate the stability of an older, well-established street.

Frequently Asked Questions

1. What does the assessed value of $39,600 mean for the likely selling price?
The assessed value is for municipal tax purposes and is typically much lower than market value. The actual selling price will be determined by current market conditions, the home's condition, and buyer demand. Historical data shows a sale in the $305,000-$335,000 range in early 2016.

2. How does the lack of a garage affect daily living and value?
This means relying on street parking or adding a driveway or structure later. For some buyers, this is a trade-off for lower maintenance and cost, but it's a key consideration for vehicle storage and winter climate convenience.

3. What are the advantages and considerations of a 4-level split design?
This layout offers good separation of living and sleeping areas, often creating distinct zones. However, it involves multiple short flights of stairs, which is worth considering for mobility or with young children.

4. The home is noted as the oldest on the street. Is this a concern?
Not necessarily. While it may require diligent maintenance on aging components like the roof or windows, it also suggests the home is part of the original neighborhood fabric, often on a desirable lot. Its "elite" ranking for year built on the street indicates it is a well-preserved original property.

5. How does the living area compare to nearby homes?
The home ranks in the top 6% on its own street for living area, meaning it is substantially larger inside than most of its immediate neighbors. This is a notable advantage for space within the same location.