Property Overview & Key Characteristics
This well-situated one-storey home in Fort Richmond presents a practical and comfortable living opportunity. Its key appeal lies in a combination of above-average space and a generous, private lot. With 1,470 sqft of living area, the home is notably larger than many on its own street and sits comfortably above the city-wide average. The nearly 7,000 sqft lot size is a significant asset, offering ample outdoor space that ranks well above average for Winnipeg, providing room for gardening, recreation, or future expansion.
The home’s assessed value consistently ranks in the top tiers for its immediate area, suggesting it is viewed as a solid asset within its local market. A recently renovated basement adds modern, functional living space. The detached garage offers flexibility for parking, storage, or workshop use.
This property would suit first-time buyers or downsizers looking for single-level living without sacrificing indoor and outdoor space. It’s also a sensible fit for value-conscious buyers who appreciate a home that stands out positively in its neighbourhood metrics—offering more house and land than many comparable properties—without being the most expensive option on the block. The mature neighbourhood and 1973 build date indicate a settled area, appealing to those seeking an established community feel.
Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows this home consistently outperforms local averages. Its living space is in the top 30% on its own street, and its lot size is in the top 17% city-wide, meaning you get more interior room and significantly more land than a typical Winnipeg property.
2. What does the "above average" assessed value mean for me?
While a higher assessment can influence property taxes, it also strongly indicates the municipality views this as a higher-value property within its peer group. This can be a positive signal of the home’s underlying worth and stability in the area.
3. Is the renovated basement a legal suite?
The listing notes a renovated basement but does not specify it as a legal secondary suite. Buyers should verify its compliance with local regulations if considering rental income potential.
4. The home was built in 1973. What should I be aware of?
While the basement has been renovated, a home of this age may have original major systems (like plumbing, electrical, or the roof) that are nearing or past their typical lifespan. A thorough inspection is advised to understand the condition and timeline for any potential updates.
5. The sold price history shows a wide range. What's the actual price?
The listed ranges are estimates from public data. For precise historical sale figures, you must request the exact information directly from the listing service, as they manually provide this detail to ensure accuracy.