Property Overview: 137 Linacre Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond presents a practical and comfortable living option. Its key characteristics include a renovated basement, an attached garage, and a 1,391 sqft layout on a sizable 7,036 sqft lot. Built in 1975, it is notably newer than many homes on its own street and in the wider neighbourhood.
The appeal lies in its balance of space, updates, and location. The renovated basement adds valuable finished living area, while the lot size is above average city-wide, offering good outdoor space. From an investment perspective, its assessed value ranks above average for both Fort Richmond and Winnipeg, suggesting solid underlying value for the area. This home would suit buyers looking for a manageable single-level layout, those who value a larger yard, or savvy purchasers who recognize the advantage of a home that is newer than its immediate peers—a subtle point that can mean updated core components and potentially lower near-term maintenance.
Section 2: Frequently Asked Questions
1. How does the living space compare to nearby homes?
At 1,391 sqft, the living area is slightly below the average for Fort Richmond but is very close to the city-wide average for comparable homes. The renovated basement effectively expands the usable space beyond the main floor square footage.
2. What does the "above average" assessed value ranking mean?
The home’s assessed value ranks in the top 25% city-wide and top 20% in Fort Richmond. This indicates that, for property assessment purposes, this home is valued higher than many of its peers, which often reflects factors like lot size, condition, and improvements like the renovated basement.
3. Is the 1975 build date a positive?
Yes, particularly in this context. The home is newer than most on Linacre Road (ranking in the top 9%) and in the Fort Richmond neighbourhood. A newer build date within an established area can often mean more modern construction standards for its era and possibly less immediate need for major system replacements.
4. How private or spacious is the lot?
With a 7,036 sqft lot, the property offers more land than the typical Winnipeg home, ranking in the top 17% city-wide. This provides ample backyard space for gardening, recreation, or future additions, which is a premium in many neighbourhoods.
5. Where can I find the exact historical sold price?
The displayed sold price history is a range based on public data. To obtain the precise sale price from June 2021, you can use the email request feature provided on the listing page. The service is manual but straightforward, with a commitment to respond by the end of the same business day.