Property Overview

This 4-level split home at 88 Briar Cliff Bay in Fort Richmond presents a practical opportunity in a mature Winnipeg neighbourhood. Built in 1969, it offers 1,509 sqft of living space and sits on a 6,156 sqft lot. The home features a renovated basement and a detached garage. Its assessed value is positioned around the average for its immediate area, though it sits on a lot that is larger than many city-wide comparables. The property last sold in 2017.

Key Characteristics & Appeal

The primary appeal of this property lies in its established location and functional layout. The renovated basement adds modern, usable space to a home from a sought-after era for its solid construction. While the living area is fairly typical for the street and neighbourhood, the lot size is a standout feature city-wide, offering above-average outdoor space for its class—a valuable asset for gardening, play, or expansion. The detached garage provides flexible storage or workshop potential.

This home would suit a buyer looking for a character property in a mature area without taking on a full renovation project, thanks to the updated basement. It’s also a sensible fit for those who prioritize private outdoor space over a massive interior footprint. First-time buyers or downsizers seeking a manageable yard and a multi-level floor plan for defined living zones should find it particularly suitable.

Frequently Asked Questions

1. How does the property’s value compare to recent sales?
The home last sold in September 2017. For the exact historical sold price, you can request the information via email from the listing service.

2. Is the lot size a pro or a con?
It depends on your priorities. The lot is below the average size for Briar Cliff Bay and Fort Richmond, which may mean less privacy from immediate neighbours. However, it remains above the Winnipeg city-wide average, offering a very decent yard for an urban setting.

3. What does the “4 Level Split” layout typically mean?
This popular 1960s/70s design features multiple short flights of stairs creating four distinct levels. It often provides good separation between living and sleeping areas, but may not be ideal for those seeking single-level living or who have mobility concerns.

4. The assessed value seems low compared to typical market prices. Why?
The assessed value (shown here in thousands) is for municipal tax purposes and is not an indicator of current market value. Market value is determined by recent sales of comparable homes, condition, and buyer demand.

5. What are the implications of the home’s age?
Built in 1969, the home is newer than many on its street. This can be an advantage, potentially meaning updates to major systems in its history. However, as with any home over 50 years old, a thorough inspection of the roof, wiring, plumbing, and foundation is essential.