Property Overview

This one-storey home at 52 Fieldstone Bay in Winnipeg’s Heritage Park neighbourhood presents a practical and comfortable living opportunity. Built in 1967, it features 1,201 sqft of living space, a renovated basement, and an attached garage on a 5,496 sqft lot. The home’s appeal lies in its established, quiet location and its position as a solidly average property within its immediate area—neither over-improved nor lagging behind, which can offer stability and value. It stands out subtly as one of the newer builds on its own street, suggesting potentially fewer age-related issues than some neighbours.

It would suit first-time buyers or downsizers looking for a manageable, single-level layout in a mature neighbourhood. The renovated basement adds flexible living space, making it a fit for those who need a home office, hobby room, or extra family area without the premium of a larger footprint.

Frequently Asked Questions

What does the ranking data actually mean for this home?
The metrics show this home is consistently around the average for its neighbourhood and city in terms of size, value, and lot. This indicates it’s a typical, well-positioned property for the area, not an outlier. Notably, its 1967 build date makes it newer than most on its specific street.

Is the basement renovation a full legal suite?
The listing specifies a renovated basement, but not a separate legal suite. Buyers should verify the scope of renovations, permits, and its intended use (e.g., additional living space vs. a potential income generator) with their agent.

How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes. The last sold price range (2021) and current market conditions will be stronger indicators. The assessment being near neighbourhood averages suggests the property is in line with area norms.

What are the advantages of a home that is "average" for the area?
A property that aligns with area averages can offer predictable resale value and may be easier to finance and insure. It often means you’re less likely to overpay for over-improvements or face challenges selling a home that underperforms its surroundings.

What should I investigate about a home from 1967?
While newer than many on its street, a 1967 home will have aging core components. A thorough inspection should focus on the roof, original windows, plumbing, electrical systems, and the foundation. The recent basement renovation should also be examined for proper moisture control and quality of work.