Property Overview: 4 Miami Place, Fort Richmond, Winnipeg
Key Characteristics & Buyer Profile
This is a 1974 bi-level home with a renovated basement, an attached garage, and a modest 956 sqft of living space. Its standout feature is the 6,496 sqft lot, which is notably larger than the typical Winnipeg city lot. While the home itself is smaller and simpler than many in the immediate area, its assessed value is in line with the Fort Richmond neighbourhood average.
The appeal lies in a practical balance: it offers a manageable, updated living space on a generous piece of land in a well-established community. It suits first-time buyers or downsizers seeking an affordable entry into the Fort Richmond area without a large home to maintain. The sizable lot presents a clear long-term value proposition, offering room for gardening, expansion, or simply more private outdoor space than is commonly available. It’s a property for those who prioritize land over square footage and see potential in the balance of a renovated interior and outdoor possibilities.
Frequently Asked Questions
1. Is the home significantly smaller than others in the area?
Yes. At 956 sqft, the living area is below average for both the immediate street and the broader Fort Richmond neighbourhood. This is the trade-off for the larger lot size and neighbourhood location.
2. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. This is a key detail to clarify with the seller or listing agent, as it could range from cosmetic updates to a fully developed secondary suite.
3. How does the lot size compare to a standard city lot?
The 6,496 sqft lot is above average for Winnipeg overall. While it's not the largest on its street, it provides substantially more yard space than the typical city property.
4. The sold price history shows a range. What is the exact recent sale price?
The provider states that exact sold prices are available upon request via email, which they manually provide without using the contact for unsolicited marketing.
5. The home is 52 years old. What should I be aware of?
While the systems and structure of a 1974 home will be age-appropriate, the renovated basement is a positive update. A thorough inspection is always recommended to assess the roof, foundation, wiring, plumbing, and the quality of the renovation work.