Property Overview: 47 Newcastle Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a practical and straightforward opportunity. Its key appeal lies in its solid, average positioning across most metrics, offering a stable entry into a mature neighbourhood. The 1,256 sqft living space is typical for the area, fitting comfortably within the local average. A notable feature is the renovated basement, adding valuable finished space.
The property stands out in two less obvious ways. First, it sits on a larger-than-average citywide lot (7,240 sqft), offering more outdoor space than many Winnipeg homes. Second, for its immediate street, it is the newest build (1973), suggesting potentially fewer age-related issues than its direct neighbours. There is no garage or pool, keeping maintenance simpler and costs focused on the home itself.
This home would suit first-time buyers or downsizers seeking a manageable, single-level layout in an established community. It’s a practical choice for someone who values a generous yard and a renovated lower level over premium finishes or extra amenities, and who is comfortable with a property that is competitively average in size and assessed value for its area.
Section 2: Frequently Asked Questions
1. How does this home truly compare to others in the area?
The data shows it is consistently "around average" for Fort Richmond in living area, assessed value, and lot size. Its lot is actually above average compared to the wider city. This indicates a home that is very typical for the neighbourhood, not over- or under-sized, which can be an advantage for resale value.
2. What does the "Elite" ranking for Year Built on its street mean?
This simply means that at 53 years old (built in 1973), it is the newest home among the 34 comparable properties on Newcastle Road. It doesn't imply luxury, but rather that it may be relatively younger than the other houses directly around it.
3. Is the assessed value the same as the market price?
No. The assessed value (approximately $40,900) is for municipal tax purposes. The actual market price is determined by recent sales, condition, and demand. The last recorded sale was in March 2020, so current market value would be different.
4. What are the implications of having no garage?
This means lower building maintenance and property taxes, but it requires planning for vehicle parking and storage. The large lot may offer potential for adding a garage or shed in the future, subject to local bylaws.
5. Where can I find the exact historical sale prices?
The exact sold prices are not publicly displayed in detail here. As noted on the listing, you must request this information via email from the service, which provides it manually without using your email for marketing.