Property Overview: 12 Rampart Bay, Winnipeg

Section 1: Key Characteristics & Appeal

This home at 12 Rampart Bay in the Maybank neighbourhood presents a compelling case for a specific type of buyer. Built in 1954, it is one of the older homes on its street, which can suggest a well-established, mature streetscape. With 1,032 sqft of living space, it is notably larger than many comparable homes on Rampart Bay, placing it in the top 7% for size on the street. The lot size of 3,873 sqft is also above the street average, offering decent outdoor space relative to its immediate neighbours.

The primary appeal lies in its strong positioning within its micro-location. It offers more interior space and a larger lot than most homes directly around it, while maintaining a relatively modest assessed value for the street. This creates a value proposition within the context of its own neighbourhood. It would suit a practical, value-conscious buyer—perhaps a first-time homeowner or a downsizer—who prioritizes more living and yard space over a newer build or a city-wide comparison. This property is for someone who judges value based on what they get within a specific, desirable pocket rather than against city-wide averages.

Section 2: Frequently Asked Questions

1. Why is the assessed value so much lower than the city-wide average?
The assessed value is primarily a reflection of the home’s age, characteristics, and the specific market values within the Maybank neighbourhood. While below the Winnipeg average, it is actually above average for Rampart Bay itself, indicating it is a relatively higher-valued property on its own street.

2. How does the 1954 build year affect the property?
As one of the older homes on the street (top 2%), it likely has the classic character and solid construction of its era. Buyers should budget for potential updates to major aging components like plumbing, electrical, or the roof, which is a typical consideration for homes of this vintage.

3. What does the sold price history from 2018 tell us?
The previous sale in the CA$200k–250k range provides a historical benchmark. However, market conditions have likely changed since 2018. For the most accurate and recent sale price to inform your offer, you can request the exact figure directly via the provided email service.

4. Is the living space adequate for a family?
At 1,032 sqft, it is a compact but efficiently sized home. It is larger than most similar properties on its street, suggesting a good use of space for its footprint. It may suit a small family or couple very comfortably, but those needing multiple large bedrooms or extensive living areas should review the layout carefully.

5. How does this property compare to others on the same street?
This is where the home shines in comparison. It ranks highly for both living area and lot size on Rampart Bay, meaning you get more house and more land than most of your direct neighbours for a price that is still proportionate to the street’s value range.