Property Overview & Appeal
This one-storey home in Fort Richmond is a practical property that stands out for its generous, above-average lot size. With 7,558 sqft of land, the lot is larger than roughly 80% of properties in the neighbourhood and 87% citywide, offering significant outdoor space and potential. The home itself, built in 1970, is of average size for the area at 1,211 sqft and features an attached garage and a renovated basement. Its assessed value is consistent with similar homes in Fort Richmond.
The primary appeal lies in the land. For buyers interested in gardening, outdoor recreation, or future expansion, the lot is a substantial asset. The renovated basement adds flexible living space. This property would suit first-time buyers, downsizers looking for single-level living without sacrificing yard space, or value-oriented investors attracted by the lot size relative to the assessed value. It’s a home where the land may hold more long-term value than the structure itself.
Frequently Asked Questions
1. How does the lot size compare to typical properties?
The lot is a key feature. At 7,558 sqft, it is significantly larger than the average for both Fort Richmond and Winnipeg, placing it in the top 21% and 13% respectively.
2. What is the condition of the basement renovation?
The listing confirms the basement is renovated, but specifics on the quality, permits, and finish date are not provided. This would be a key point for a home inspection and discussion with the seller.
3. Is the price in line with the area?
Based on its assessed value, the property is around average for Fort Richmond. Its last known sale was between $31.5k and $34.5k in late 2016, but current market conditions would determine the listing price.
4. Who would this home suit best?
It’s well-suited for those who prioritize outdoor space over a large or modern house. The single-storey layout is ideal for accessibility, while the large lot appeals to gardeners, families wanting play space, or those considering a future addition.
5. How can I get the exact historical sale prices?
The exact sold prices are not publicly displayed. You can request them directly via the "Get exact sold price history" form on the listing page, and the service aims to provide the accurate figures by email.