Property Overview & Key Characteristics
This one-storey home at 11 Cornell Drive in Fort Richmond presents a practical and grounded opportunity. Its key appeal lies in its balance of space and location. With 1,360 sqft of living area and a renovated basement, it offers functional space that is squarely average for its immediate street and neighbourhood, meaning it fits right in without standing out. The detached garage and the notably larger-than-average citywide lot size of 6,268 sqft are significant assets, providing room for vehicles, storage, or outdoor projects.
The home’s metrics tell a story of consistency rather than extremes. Its assessed value, living area, and year built (1965) are all around the median mark for the area, suggesting a stable, no-surprises property in a mature community. A thoughtful perspective is that while the home isn't a standout in its own neighbourhood by the numbers, its lot size is a substantial advantage when viewed across the wider city, hinting at better value for land compared to many other Winnipeg properties. This home would suit first-time buyers, downsizers looking for single-level living, or practical investors seeking a straightforward, renovated property in a well-established area without premium pricing.
Frequently Asked Questions
1. How does the lot size compare to others?
While the lot is slightly below average for both Cornell Drive and Fort Richmond, it ranks in the top 26% citywide. This means you're getting more land than most properties across Winnipeg, which is a valuable asset.
2. What is the significance of the home's "around average" rankings?
The home consistently scores near the 50th percentile for key metrics like living area and assessed value on its street and in Fort Richmond. This indicates a stable, typical property for the area, which can simplify comparisons and set realistic expectations for value and space.
3. Has the home been sold recently?
Yes, according to available data, it was sold in December 2020 for a price in the range of $365,000 to $395,000. For the exact historical sale price, you can request the information directly via the listing page.
4. What are the potential considerations with a home built in 1965?
As a home from the mid-1960s, while the basement has been renovated, a buyer should factor in the potential for age-related updates to major systems like plumbing, electrical, or the roof, which are common for homes of this era.
5. Who might this property not suit?
It may not be ideal for buyers seeking a brand-new, modern build or those who prioritize a very large interior footprint, as the living space is typical for the neighbourhood. It also does not have a pool, which could be a drawback for some.