34 Newcastle Road

Property Overview & Key Characteristics

This one-storey home at 34 Newcastle Road in Fort Richmond presents a straightforward, practical living option. Its key appeal lies in its consistency and recent updates. The 1,317 sqft living space is squarely average for the street, neighbourhood, and city, meaning it offers standard room sizes without surprises. A notable feature is the renovated basement, adding valuable finished space. The home sits on a 6,476 sqft lot, which is more generous than the typical Winnipeg lot, offering good outdoor potential despite being smaller than others on Newcastle Road.

Built in 1973, it is one of the newer homes on its street, suggesting potentially fewer immediate concerns with aging infrastructure compared to older peers. The attached garage adds convenience. Its assessed value positions it as a mid-range property in the area.

This home would suit first-time buyers or downsizers looking for a manageable, single-level layout in a well-established neighbourhood. It’s also a sensible fit for value-conscious buyers who prioritize a renovated basement and a decent lot size over above-average square footage. The property doesn’t stand out for luxury or size, but for its practicality and recent improvements.

Frequently Asked Questions

1. How does the lot size compare to the area?
While the lot is smaller than the average for Newcastle Road, it is actually larger than the typical Winnipeg city lot. This means you get more outdoor space than many homes citywide, but less than the immediate neighbours.

2. What does the "renovated basement" typically mean for a home of this age?
In a 1973 home, a renovated basement often addresses common issues like outdated finishes, lighting, and moisture control. It adds liveable space but it’s wise to check the quality of the renovation and ensure any foundational or waterproofing work was completed.

3. The home is "newer" on its street. What advantage does that offer?
Being one of the newest homes on the block (built in 1973) can imply updates to original construction standards, like electrical wiring or plumbing, that might be more modern than those in older homes nearby, potentially reducing some upgrade costs.

4. Is the assessed value a reliable indicator of the selling price?
The assessed value is for municipal tax purposes and is often lower than market value. Recent sales data suggests homes in this area have sold above their assessed values. The exact sold price history for this property is available by request.

5. Who would this property not suit?
Buyers seeking a large, expansive interior or a premium lot on their specific street may find it limiting. It’s also not a fit for those wanting a brand-new home or extensive original character, as it represents a standard, updated design from the early 1970s.