Property Overview & Key Characteristics
18 Bromley Place is a well-situated one-storey home in Fort Richmond, built in 1974. Its primary appeal lies in offering above-average space and land size for its assessed value. The home features 1,552 sqft of living area and sits on a large 8,910 sqft lot, both of which rank in the top third or better compared to neighbours and the wider city. The basement has been renovated, and the property includes an attached garage.
The home’s standout characteristic is its generous lot size, which is notably larger than most in Winnipeg, offering significant outdoor space or future expansion potential in a mature neighbourhood. While the interior living space is comfortably above average, the assessed value remains competitive, suggesting a solid value proposition. This property would suit buyers looking for a grounded, no-fuss home with room to breathe, whether it's a young family valuing backyard space, someone interested in gardening, or a buyer who sees long-term potential in the sizable lot. Its one-storey layout also appeals to those seeking single-level living or easier maintenance.
Frequently Asked Questions
1. How does this home’s size compare to others nearby?
The living area is larger than average for Bromley Place, Fort Richmond, and Winnipeg overall. The lot size is particularly notable, ranking in the top 9% city-wide for land area.
2. What does the "renovated basement" entail?
The listing confirms the basement is renovated but does not specify the extent or finish. This is a key detail to clarify with the seller or listing agent to understand the quality and layout of the additional space.
3. Is the sold price history from 2022 relevant today?
The last known sale was in July 2022. While it provides a historical benchmark, market conditions have likely changed. This price should be used as a reference point, not a definitive current value.
4. The home was built in 1974. What should I consider?
Being 52 years old, a thorough inspection is essential. However, the data shows it is among the newer homes on its street, and many systems may have been updated over time. Inquire specifically about the roof, windows, and major mechanical systems.
5. How does the assessed value relate to the likely selling price?
The assessed value is for municipal tax purposes and is often lower than market value. This home’s assessed value ranks highly compared to nearby properties, indicating it is considered a valuable asset in the area, but the final sale price will be determined by current market demand.