Property Overview: 18 Oberlin Road, Fort Richmond
Key Characteristics & Buyer Appeal
This two-storey home in Fort Richmond offers a practical, renovated living space of 1,536 sqft on a 6,190 sqft lot, with an attached garage. Built in 1967, its key appeal lies in its balance of established neighborhood character and modernized functionality, notably in the renovated basement. The home presents a grounded opportunity: its living space is above average citywide, yet its assessed value sits around the median for both the neighborhood and Winnipeg, suggesting a potentially reasonable entry point for the area. The lot size, while smaller than many on its own street, is actually above average compared to the wider city, offering a decent outdoor space without excessive maintenance.
This property would suit a first-time homebuyer or a downsizer seeking a move-in-ready home with recent updates in a mature, convenient suburb. It’s also a sensible fit for a value-conscious buyer who prioritizes functional interior space over having the largest lot on the block. The home’s metrics indicate it’s not the largest or newest on Oberlin Road, but it holds its own as a solid, updated property within the broader market.
Frequently Asked Questions
1. How does the home’s value compare to recent sales on the street?
The home last sold in September 2021. To understand its current market position relative to recent, exact sale prices of nearby homes, you can request the detailed sold price history via email.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated, but specifics on the scope, quality, permits, and the nature of the finished space (e.g., recreational room, suite, bedroom) should be verified through a viewing and disclosure documents.
3. Is the lot size a disadvantage?
While the lot is below average for Oberlin Road, it is above average compared to the entire city. This means you likely get more outdoor space than many Winnipeg homes, but with less yard upkeep than some immediate neighbors. It’s a trade-off that depends on your priorities.
4. What are the implications of the 1967 build year?
Being built in 1967 means the home is from an era of solid construction, but it also places it before some modern building standards. While the basement has been renovated, the age underscores the importance of checking the condition of major systems like the roof, plumbing, electrical, and foundation.
5. Who are the most likely competing buyers?
Given its size, updated features, and assessed value, this home will likely attract practical buyers looking for a balanced offering—not a premium estate nor a fixer-upper, but a comfortable, updated family home in a established neighborhood. Competition may come from other buyers seeking move-in readiness without a premium price tag.