Property Overview: 153 Baylor Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1972, offering 840 square feet of living space on a roughly 3,800 square foot lot. Its key characteristic is its position as a modest, entry-level property in the established Fort Richmond neighbourhood. The appeal lies in its relative affordability and simplicity, underscored by a below-average assessed value compared to most of the city and its immediate area. The home has a basement (not renovated) and no garage.
It would best suit a first-time buyer, an investor, or a downsizer seeking a low-maintenance footprint with potential. Its smaller size and lot make it a manageable property, while the data suggests it's priced below many peers, which could appeal to those comfortable with a home that may require updates. A thoughtful perspective is that while the living space is smaller than average, it sits on a lot that is typical for its specific street, offering a balanced footprint for the area. Its age places it right in the middle of the city's housing stock, indicating common systems and materials for its era.
Frequently Asked Questions
1. Is this a small house?
Yes. At 840 sqft, it is below the average size for both the Fort Richmond neighbourhood and Winnipeg overall. It is, however, closer to the average for other homes on Baylor Avenue itself.
2. Why is the assessed value notably lower than area averages?
The assessed value is in the bottom tier for Fort Richmond. This typically reflects the home's smaller size, lack of renovations (noted in the basement), and the absence of features like a garage compared to many area homes.
3. What does "basement, not renovated" imply?
It confirms the house has a basement, but it is in original or functional condition, not modernized. Buyers should budget for potential updates and consider it usable space that may not add significant premium value in its current state.
4. How does the lot size compare?
The lot is approximately 3,838 sqft, which is standard for Baylor Avenue but significantly smaller than the typical, larger lot found elsewhere in Fort Richmond. This means less yard maintenance but also less private outdoor space than many neighbours.
5. What can recent sale prices tell me?
A nearby, very similar home at 157 Baylor Avenue sold recently. While exact prices require a request, this provides a direct, current comparison for value. The data shows this property sits in a more affordable price tier city-wide.