Property Overview: 58 McGill Place, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home in the established Fort Richmond neighborhood. Built in 1983, it is notably newer than most homes on its street and in the wider area, which is a key advantage. With 960 sqft of living space and a renovated basement, the home offers efficient, single-level living. The lot is a manageable 5,002 sqft. Its assessed value is modest and in line with area averages, and recent sold price history suggests a stable, accessible price point.
The primary appeal lies in its lower maintenance footprint and modern (relative to the area) construction, suited for a first-time homebuyer, downsizer, or an investor seeking a straightforward rental property. It represents an entry point into a mature neighborhood without the typical concerns of an older home's major systems. A thoughtful perspective is that while the house itself is smaller than area averages, its newer age could mean fewer immediate repair costs compared to larger, older homes in the same price range, effectively balancing space with potential savings.
Frequently Asked Questions
1. How does the home's size compare to the neighborhood?
The living area is below average for both McGill Place and Fort Richmond, making it one of the more compact homes in the immediate area. This translates to lower utility costs and less upkeep, but also limited space for a growing family.
2. What is the significance of the 1983 build year?
Built in 1983, this home is significantly newer than most comparable properties on its street and in Fort Richmond. This often suggests updated building materials and standards, potentially reducing the need for near-term major renovations common in older homes.
3. Is there a garage or parking?
The listing specifies there is no garage. Buyers should inquire about driveway space or on-street parking provisions.
4. What can recent sold prices tell me?
The home sold in May 2024 and previously in September 2021. The price range increased modestly over that period, indicating stable local market value. For the exact sold price, you can request details via email from the listing source.
5. What is the basement like?
The basement is noted as being renovated, adding valuable finished space to the home's total usable area. It's advisable to confirm the nature of the renovation, ceiling height, and whether it includes a separate entrance or legal suite potential.