Property Overview: 200 Killarney Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This 4-level split home, built in 1967, presents a practical opportunity in the Fort Richmond neighbourhood. Its primary appeal lies in its generous proportions relative to many city homes. With 1,568 sqft of living space, it offers more room than most comparable properties in Winnipeg, and it sits on a larger-than-average city lot of 6,912 sqft, providing valuable outdoor space. The home features a renovated basement and a detached garage.
The property’s assessed value is notably modest for its size and lot, positioning it as a value-conscious option. This creates a distinct profile: you get more physical space (both indoors and out) for your dollar compared to city averages, but the home itself is of an older vintage. It would suit a buyer looking for room to grow or adapt over time, who values land and interior square footage over a modern build, and who is comfortable with a home from the 1960s. It’s a practical choice for those prioritizing space and lot size within a budget, possibly appealing to families, multi-generational households, or buyers with renovation or expansion plans.
Frequently Asked Questions
1. Why is the assessed value relatively low for a home of this size?
The assessed value reflects the property’s older age (1967) and its market position relative to newer or more updated homes in the area. It indicates a value-oriented entry point for the amount of living and land space provided.
2. What does "4 Level Split" mean for daily living?
This style typically features multiple short flights of stairs separating living, sleeping, and utility areas. It offers good separation of spaces and can be energy-efficient for zoning heat, but may be less suitable for those seeking single-level living.
3. How does the lot size compare practically?
At nearly 7,000 sqft, the lot is above the Winnipeg average. This translates to more private yard space, potential for gardening, additions, or a shed, and greater distance from neighbours compared to many newer infill lots.
4. The home last sold in mid-2021. What might have changed since then?
While the core structure and lot remain constant, the owner may have made further updates beyond the renovated basement. A current interior viewing is essential to understand its present condition and any changes in the last four years.
5. Is the detached garage a pro or a con?
It depends on preference. A detached garage provides separation from house noise and fumes, can be versatile as a workshop, and may simplify future lane-way suite considerations. The trade-off is exposure to the elements when going between your car and house during Winnipeg winters.