Property Overview
Key Characteristics & Appeal
This one-storey home at 18 Bryn Mawr Road in Fort Richmond is a well-situated property with solid, above-average fundamentals. Built in 1972, it is notably newer than many of its immediate neighbors on the street. The 1,317 sqft living area is spacious for the local area, and the lot is a generous 7,067 sqft, offering ample outdoor space that is larger than the Winnipeg city average. A key feature is the renovated basement, adding functional living space, along with the convenience of an attached garage.
Its appeal lies in its strong positional value. The home consistently ranks above average for its assessed value and living area both on its own street and citywide, suggesting a good balance of size and valuation in the market. It suits practical buyers looking for a move-in-ready, single-level layout in a mature neighborhood—ideal for downsizers, first-time homeowners wanting room to grow, or investors seeking a property with proven, stable metrics in a established community. The renovated basement and larger lot also offer flexibility for future use or expansion.
Frequently Asked Questions
1. How does this home’s value compare to the area?
The assessed value ranks in the top 17% on Bryn Mawr Road and the top 30% citywide, indicating it is considered a higher-value property compared to many peers, which often reflects its condition, updates, and lot size.
2. Is the living space typical for the neighborhood?
At 1,317 sqft, the living area is above the average for similar homes on Bryn Mawr Road, placing it in the top 30%. It offers more interior space than many immediate comparables.
3. What is the significance of the lot size?
The 7,067 sqft lot is a standout feature citywide, ranking in the top 16%. This provides a larger-than-average outdoor space for gardens, recreation, or potential additions, which is less common in many parts of the city.
4. The home was sold in 2016. What was the price?
The exact sold price is not publicly listed. Available data shows a range from the mid $300,000s for that period. You can request the precise figure via the provided email service for accurate historical context.
5. What are the less obvious points to consider?
While newer than most on its street (top 8%), its 1972 build date means major systems may be nearing or have undergone updates—inquire about the roof, HVAC, and the scope of the basement renovation. Also, its strong above-average rankings in a stable area like Fort Richmond can signal a resilient investment, but also mean you are buying into a property already valued at a premium within its micro-market.