Property Overview: 19 Grimston Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers solid, above-average living space of 1,527 sqft on a generous 6,598 sqft lot. Built in 1975, it is notably newer than many homes in the immediate area, which can be an advantage for systems and structure. The property features a detached garage and a basement that presents an opportunity, as it is noted as not being renovated.
Its primary appeal lies in its balanced, established nature. The home isn't an outlier in any single category but performs consistently well across key metrics—space, lot size, and age—compared to its neighbours, the wider Fort Richmond area, and the city overall. It’s a property that offers more room than the Winnipeg average without being a sprawling estate, situated on a street of similar, mature homes. This steadiness often translates to predictable maintenance and a comfortable fit within the community.
This home would suit a buyer looking for a practical, move-in-ready bungalow with room to grow, possibly a young family or downsizers seeking single-level living. The unrenovated basement is a clear project space, appealing to those who want to customize and add value over time. It’s not a luxury showcase, but a grounded home where the value is in the space, the lot, and the stable location rather than high-end finishes.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others on the street?
The data shows it ranks 6th out of 20 for living area, meaning it's in the top third for size on Grimston Road. Notably, it ranks 1st for year built, making it one of the newest homes on the block—a subtle but significant advantage.
2. What does "above average" for the lot size city-wide mean?
While the lot is around the average for Fort Richmond, it ranks in the top 21% across all of Winnipeg. This means you're getting more outdoor space than most city properties, which is a growing premium.
3. The assessed value seems low. Is that accurate?
The assessed values shown (e.g., 43.40k) are likely not the full market value figures and may represent a portion or an older valuation. Always consult the latest tax assessment or a real estate professional for current market value. The key takeaway is that its assessed value is consistently around the average for its comparison groups.
4. What is the potential downside of an unrenovated basement?
While it offers customization potential, it also means factoring in the cost and effort to finish it to your standards. It's essential to have it inspected for moisture, foundation integrity, and the condition of essential systems like wiring and plumbing before planning any renovations.
5. The home sold twice recently (2022 & 2023). Should that be a concern?
Recent sales activity can be due to many neutral or positive factors, such as estate settlement, relocation, or an investor’s quick turnover. It does not inherently indicate a problem with the property. Reviewing the full listing history and, if possible, discussing it with your agent can provide necessary context.