Property Overview: 44 Rochester Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a solid, grounded opportunity. Its primary appeal lies in a combination of above-average land size and a recently renovated basement, set on a generous 7,349 sqft lot that ranks within the top 15% citywide for comparable properties. With 1,272 sqft of living space, the home offers a practical layout that is very typical for the area.
The data reveals a nuanced position: while the living area is average for the neighbourhood, the property's assessed value of $450k consistently ranks in the top 30% on its street, in Fort Richmond, and across Winnipeg. This suggests perceived value is driven by factors beyond pure square footage—likely its larger lot and modernized lower level. Built in 1976, it is a newer home relative to many on its street.
This property would suit a buyer looking for a manageable single-level layout with room to grow outdoors, or who values a finished basement for additional living space. It’s a practical choice for someone who appreciates a home that holds its value well within its immediate community, as indicated by its strong assessment ranking. The recent sale in 2023 also provides a clear, modern price benchmark.
Frequently Asked Questions
How does the home’s size compare to others nearby?
At 1,272 sqft, the living area is very close to the average for both Rochester Avenue and the wider Fort Richmond area. The interior space is typical, making the property’s appeal more about its lot size and updated features.
Why is the assessed value notably higher than the average?
The $450k assessment ranks well above average. This is likely due to the combination of the large lot and the renovated basement, which add value beyond the home’s straightforward living area square footage.
Is the lot size a significant feature?
Yes. At 7,349 sqft, the lot is a standout, placing in the top 12% on its street and top 14% citywide. This offers more outdoor space than many comparable properties, providing room for gardening, play, or future expansion.
What does the sale history indicate?
The home sold between $425k-$455k in August 2023. This recent sale, following a prior sale in 2016, shows a significant increase in value over that period and establishes a current, relevant market price.
Is the age of the home a concern?
Built in 1976, the home is 50 years old but is actually newer than many on its street (ranking in the top 6% there). While systems may need monitoring due to age, it is not among the oldest housing stock in the broader city context.