Property Overview: 25 Fieldstone Bay, Heritage Park, Winnipeg

Key Characteristics & Appeal

This is a well-situated, 1965-built bi-level home on a generous 5,779 sqft lot in Winnipeg's Heritage Park neighbourhood. With 1,046 sqft of living space and a renovated basement, it presents a practical, grounded opportunity. Its primary appeal lies in its balance: the lot size is notably above average for its immediate street, offering more outdoor space than many neighbours, while the home's assessed value and living area are consistently average for the area, suggesting a stable, in-line investment without premium pricing for the location.

The home would suit first-time buyers or downsizers looking for a manageable footprint with room to garden or enjoy outdoor living. It’s also a sensible fit for value-oriented buyers who prioritize a established neighbourhood character over brand-new construction. A thoughtful perspective is that this property represents a "middle ground" offering—it doesn’t top the charts in size or newness, but its larger-than-street-average lot provides a subtle advantage and potential for personalization that isn't immediately reflected in its assessed value.

Frequently Asked Questions

1. How does the living space compare to nearby homes?
At 1,046 sqft, the living area is below the average for both Fieldstone Bay and the wider Heritage Park area, but aligns closely with the Winnipeg citywide average. This indicates a more compact, efficient layout typical of many bi-levels from its era.

2. Is the assessed value a good indicator of the likely selling price?
The assessed value ($34.60k) is around average for the street, neighbourhood, and city. It serves as a stable baseline for municipal taxation, but market conditions, the home's updated basement, and lot size will ultimately determine the sale price.

3. What does the "above average" lot ranking mean?
The lot is ranked in the top 22% on its own street for size. This means you get more yard space than most homes on Fieldstone Bay, a distinct advantage for privacy, recreation, or future projects.

4. What should I know about a home built in 1965?
Built 61 years ago, the home is of a typical age for the area. Buyers should prioritize a thorough inspection to understand the condition of major aging components, like the roof, windows, and plumbing, balanced against the benefits of a renovated basement.

5. How can I find out the exact historical sold prices?
The exact sold prices are not published publicly. The listing agent or a registered real estate professional can provide this information through the local MLS system.