Property Overview: 50 Morningside Drive, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical and well-situated property. Built in 1975, it features 1,396 sqft of living space and sits on a 6,297 sqft lot. A key highlight is its renovated basement, adding valuable finished space, and it includes a detached garage. The home’s assessed value is notably above average for both the Fort Richmond area and Winnipeg citywide, suggesting a solid valuation foundation.
Its primary appeal lies in its balance and location. While the living space is modest for the immediate street, it offers comfortable, single-level living with the bonus of a modernized lower level. The lot size, though smaller than some neighbors, is still generous by wider city standards. This combination makes it a sensible choice for downsizers, small families, or first-time buyers seeking a move-in ready home with a low-maintenance footprint in a mature, established neighborhood. A thoughtful perspective is that its above-average assessment in a stable area could indicate a history of improvements and a resilient long-term value, appealing to the pragmatic buyer.
Section 2: Frequently Asked Questions
1. How does the home’s size compare to the neighborhood?
The living area is below the average for Morningside Drive itself but is very close to the average for both the broader Fort Richmond area and the entire city. It offers a comfortable, efficient layout rather than expansive square footage.
2. What does the "above average" assessed value mean?
The assessment is higher than most homes in Fort Richmond and citywide. This typically reflects the property’s market value as determined by municipal assessors, potentially influenced by the renovated basement and the overall desirability of the location.
3. Is the lot size a drawback?
While the lot is smaller than many on the same street, it is still above the Winnipeg city average. It provides ample outdoor space for gardening or recreation without the burden of a very large yard to maintain.
4. What is the significance of the sold price history?
The home sold in late 2023. The provided price range is an estimate from public data; the exact sale price is available upon request to give you a precise benchmark for current market value.
5. Who would this home suit best?
It’s an excellent fit for those seeking single-level living, like downsizers or young families, who value a renovated basement for extra space and a location in a mature suburb. Its balanced metrics make it a straightforward, no-surprises option in a well-regarded area.