Property Overview & Key Characteristics
This two-storey home at 579 University Crescent in Fort Richmond presents a compelling blend of space, modernity, and lot size. Built in 1990, it is notably newer than most homes in its immediate area and across Winnipeg, suggesting updated building standards and potentially fewer major maintenance concerns in the near term. With 1,490 sqft of living space, it offers above-average roominess for the street and is on par with the city average.
The property’s standout feature is its generous 11,352 sqft lot, which places it in the top tier citywide for land area. This provides significant outdoor space, rare for newer neighbourhoods, offering privacy and room for gardens, play, or expansion. The home’s assessed value is consistent with the area, indicating it is priced in line with market expectations without being an outlier.
Its appeal lies in this balance: a relatively modern home on a large, established lot in a mature neighbourhood. It would suit buyers looking for a "best of both worlds" scenario—more contemporary construction than a true character home, without sacrificing yard space. It’s particularly suited to growing families or those who value outdoor room but want to avoid the upkeep of a much older property.
Frequently Asked Questions
How does the home’s age compare to others nearby?
Built in 1990, this home is significantly newer than most on its street and in Fort Richmond. This often translates to more modern layouts, wiring, and insulation compared to the area's average, which dates to the 1960s and 70s.
Is the lot size unusual for this area?
Yes. The lot is over 11,000 sqft, which is well above average for the street, the neighbourhood, and especially for Winnipeg as a whole. This is a key differentiator for the property.
What does the "above average" ranking for living area mean?
With 1,490 sqft, the home has more living space than 72% of similar properties on University Crescent. It is comfortably sized compared to local and city-wide averages.
The last sold price shows a range. What was the exact price?
The provided data shows a sold price range from 2019. For the precise historical sale figure, you can request it via email from the listing source, as this detail is manually verified from official records.
Who would this property not be suited for?
Buyers seeking a brand-new build in a suburban subdivision, or those who prefer a very small, low-maintenance yard, might find other options more suitable. The value here is in the established neighbourhood and large lot, which come with corresponding upkeep.