Property Overview
This one-storey home at 23 Radcliffe Road in Fort Richmond presents a practical opportunity in a well-established Winnipeg neighbourhood. Built in 1970, the 1,470 sqft house sits on a 6,592 sqft lot. Its key updated feature is a renovated basement, adding valuable finished living space. There is no garage or pool. The home’s assessed value is notably lower than others on its own street, which may indicate room for value growth or a different starting point for negotiations.
Key Characteristics & Appeal
The primary appeal of this property lies in its efficient use of space and its position as a solid, mid-century home in a mature neighbourhood. The renovated basement is a significant plus, effectively increasing the usable living area without the need for immediate investment. While the living space is average for the city, the lot size is above average city-wide, offering good outdoor space relative to many Winnipeg homes.
This home would suit first-time buyers or downsizers looking for single-level living without a major renovation project. Its below-average assessed value on Radcliffe Road could appeal to value-conscious buyers or investors who see potential in a street where most homes are valued higher. It’s a home for someone content with a standard layout who prioritizes location and a move-in-ready basement over modern open-concept designs or garage parking.
Frequently Asked Questions
1. Why is the assessed value so much lower than other homes on the same street?
This is a key point to investigate. It could be due to differences in upkeep, finishes, or specific lot characteristics compared to neighbours. It’s advisable to review the municipal assessment details and consider a current appraisal.
2. What does the basement renovation include?
The listing notes it is renovated, but specifics on the quality, permits, and the nature of the finish (e.g., drywall, flooring, ceiling height, moisture control) should be confirmed through a viewing and inspection.
3. Where do residents park without a garage?
The property has no garage. Buyers should assess the driveway capacity and on-street parking availability, especially during Winnipeg winters.
4. How does the age of the home (1970) affect major systems?
While the home is of average age for the area, the roof, windows, plumbing, and electrical systems may be original or have been updated at various times. An inspection will clarify the condition and any upcoming capital costs.
5. What are the immediate neighbours like?
The listing shows very close proximity to neighbouring houses (e.g., 19 Radcliffe Road is 18 meters away). This suggests a typical density for the area, but viewing the property will give a sense of privacy and neighbourhood character.