Property Overview: 26 Michigan Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical blend of space and location. Built in 1977, it features 2,146 sqft of living area, which is notably above average for both the neighbourhood and the city, providing ample room for a growing family or those who value spacious interiors. A key feature is the renovated basement, adding functional living space. The lot size of 6,356 sqft is compact for the street but remains generous by wider city standards, offering manageable outdoor space without excessive upkeep.
The appeal lies in its strong positioning within the market. The home’s assessed value sits above average for Fort Richmond, suggesting a solid investment in a desirable area. It suits buyers looking for a move-in-ready, spacious home without the premium for a massive lot. It’s particularly well-matched for professionals or families seeking the community benefits and amenities of Fort Richmond, who prioritize interior space over extensive landscaping, and appreciate a home that already has a modernized lower level.
A less obvious perspective is the value of its "middle-ground" metrics. It isn't the largest or newest on its street, but it outperforms most homes in the broader area, offering a balance that can mean less competition than for top-tier properties while still providing above-average comfort and investment potential.
Section 2: Frequently Asked Questions
1. How does the lot size compare?
While the lot is smaller than most on Michigan Avenue, it is still larger than the typical Winnipeg lot. This translates to less yard maintenance than neighbours while providing adequate private outdoor space.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the finish. A viewing or inquiry with the listing agent is necessary to determine the rooms, finishes, and whether it includes a separate entrance or legal suite potential.
3. Is the assessed value a reliable indicator of the listing price?
Not directly. The assessed value of $51.70k (likely meaning $517,000) is for municipal tax purposes and establishes the home's value relative to others. The final sale price is determined by the current market, condition, and buyer demand.
4. What are the implications of no garage?
The property has no garage. Buyers should consider where vehicles will be parked, potential for street parking permits, and the feasibility or cost of adding a garage or carport in the future, subject to local bylaws.
5. The home is older; what major systems should be checked?
As a home built in the late 1970s, special attention during an inspection should be paid to the age and condition of the roof, windows, plumbing, electrical systems, and the foundation, even with a renovated basement.