Property Summary: 35 Morningside Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a practical and comfortable living opportunity. Its key appeal lies in a balanced combination of space, location, and value. With 1,404 sqft of living area, the home sits comfortably around the city-wide average, offering ample room without the premium of a significantly larger footprint. A standout feature is the generous 7,878 sqft lot, which places it above average for land size both on its street and across Winnipeg, providing excellent outdoor potential and a sense of space uncommon in many areas.
The home’s assessed value positions it as an above-average offering within Fort Richmond, suggesting good value retention for the neighbourhood. A thoughtfully renovated basement adds functional living space. Built in 1977, it is notably newer than many homes on its street, which can mean fewer immediate concerns with aging core components compared to older peers.
This property would suit first-time buyers or downsizers seeking a manageable single-level layout in a mature neighbourhood. It’s also a strong candidate for value-conscious buyers who prioritize a larger yard over a maximized interior square footage, offering room for gardening, play, or future expansion.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to recent sales?
The home last sold in September 2020 for between $345,000 and $375,000. Its current assessed value of $459,000 is above the average for Fort Richmond, indicating a period of significant appreciation and a strong position in the local market.
2. What does the "above average" land size practically mean for me?
With a lot size in the top 17% for Fort Richmond, you have substantially more outdoor space than many properties. This allows for greater privacy, larger recreational areas, and more flexibility for additions like a shed, deck, or garden compared to a standard lot.
3. The home is newer than others on the street. Why is that important?
While still a mature home, its 1977 build date is among the newest on Morningside Drive. This often correlates with updates to foundational building codes and materials, potentially resulting in more modern electrical wiring, plumbing, and insulation compared to homes built a decade or more earlier.
4. Is the living space smaller than other homes in Fort Richmond?
At 1,404 sqft, the living area is slightly below the current Fort Richmond average (~1,421 sqft). However, this is offset by the renovated basement, which adds functional space, and the significantly larger-than-average yard, shifting the balance of space from interior to exterior.
5. What is the neighbourhood context of this property?
Located on a quiet street, the home is surrounded by properties of similar style and value. The data shows consistent demand in this specific area, with several nearby homes on Morningside Drive having sold in recent years, suggesting a stable and established community.