Property Overview
This 4-level split home at 16 Livingston Place in Fort Richmond is a well-sized, established property that offers a practical layout and a solid foundation. Built in 1973, it features 1,783 sqft of living space, an attached garage, and a renovated basement. Its appeal lies in its above-average living area compared to both the neighbourhood and the wider city, providing good space for the price point. The lot, while smaller than others on its street, is still generous by city standards. The home’s assessed value is positioned above average for the area, suggesting a stable investment in a mature community.
This property would suit first-time buyers or growing families looking for move-in-ready space without the premium of a brand-new build. It’s also a sensible choice for value-conscious buyers who prioritize more interior square footage over having the largest yard on the block. The renovated basement adds immediate functional living space, appealing to those who need a rec room, home office, or extra bedrooms.
Key Details & Questions
- Layout & Features: A 4-level split with an attached garage and a renovated basement. No pool.
- Space Context: The living area is notably larger than typical homes in both Fort Richmond and Winnipeg overall.
- Lot Size: The land area is above average for the city but is one of the more modest lots on Livingston Place itself.
- Value History: The home has appreciated since its 2016 sale, with its last sale price in 2022 aligning closely with its current assessed value.
- Neighbourhood: A mature, established area with homes from a similar era, offering a consistent streetscape.
Frequently Asked Questions
Is the lot size a disadvantage?
While the lot is smaller than most on its specific street, it remains larger than the typical Winnipeg lot. This means you still get a good-sized yard for city living, but may have slightly less private space than your immediate neighbours.
What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify during a viewing to understand the quality and functionality of the added space.
How does the 4-level split layout function in daily life?
This style often creates distinct zones, which can be great for separating living and sleeping areas. However, it also means more stairs. It’s ideal for those who don’t mind some vertical movement and appreciate defined spaces.
The home is older—what should I look out for?
Built in 1973, major systems like the roof, windows, furnace, and plumbing may be at or beyond their typical lifespan. An inspection is crucial to understand the condition and any upcoming capital expenses.
How stable is the property's value?
The assessed value is above average for Fort Richmond, and sale price data shows steady appreciation. This suggests it’s in a desirable segment of the market, but as with any older home, future value will be closely tied to maintenance and updates.