19 Valence Avenue

Property Overview: 19 Valence Avenue, Fort Richmond, Winnipeg

Key Characteristics & Appeal

This well-maintained one-storey home in Fort Richmond offers a practical and comfortable living space. With 1,284 sqft of living area, a renovated basement, and an attached garage, it provides the essential features for day-to-day living. The home was built in 1975, which is notably newer than many others on its street and in the wider neighbourhood, suggesting potentially fewer concerns with outdated major systems compared to older peers.

The appeal lies in its balanced, no-fuss profile. It’s not the largest or smallest home in its comparisons, but it sits consistently around average or above for its immediate area in key metrics like living space and assessed value. The lot size of over 6,000 sqft is a solid offering, providing good outdoor space. A thoughtful perspective is that this property represents a stable, middle-ground option—it avoids the premium price of a top-tier home or the potential heavy lifting of a true fixer-upper, making it a sensible choice.

This home would suit first-time buyers looking for a move-in-ready property in a established neighbourhood, or downsizers seeking single-level living without sacrificing yard space. It’s ideal for buyers who value practicality and a sense of community in Fort Richmond over luxury finishes or expansive square footage.

Frequently Asked Questions

1. How does this home’s value compare to others nearby?
The home’s assessed value of $420k ranks above average on its own street and is competitive within the Fort Richmond area. City-wide, it sits above the median benchmark, indicating a solid valuation for a property of its type and age.

2. Is the lot size typical for the area?
The lot is approximately 6,157 sqft. This is slightly below the average lot size within Fort Richmond specifically, but it is larger than the typical city-wide lot, offering a good balance of manageable upkeep and usable outdoor space.

3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the details. A professional inspection or inquiry with the seller is recommended to determine the scope, quality, and permits for the renovation, and whether it includes a legal secondary suite.

4. The home was built in 1975. Are there any common concerns for houses of this age?
While newer than many Winnipeg homes, a 1975 build may still have original components like windows, roofing, or plumbing that are nearing the end of their lifespan. A thorough home inspection is advised to assess the condition of these elements and the major systems.

5. What is the neighbourhood and street like?
Located in the family-friendly Fort Richmond area, Valence Avenue appears to be a stable, mature street. The proximity to nearby schools, the University of Manitoba, and major routes is a key draw. The consistent home values and similar building eras on the street suggest a neighbourhood with a cohesive character.