Property Overview: 600 Silverstone Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond presents a compelling blend of space, location, and value. Its key strength is the generous 7,719 sqft lot, which is significantly larger than most in the immediate area, offering ample outdoor potential. The 1,332 sqft living area is above average for the street, and the home benefits from a renovated basement and an attached garage. Built in 1972, it is newer than many comparable properties. The assessed value of $440k reflects its above-average standing on the street and citywide.
The appeal lies in its established neighbourhood setting combined with metrics that outperform local averages. It’s a property that offers more land than you might typically find, providing room for gardens, play, or expansion. The renovated basement adds functional living space. This home would suit practical buyers looking for a solid, single-level layout in a mature area, particularly those who value a larger private yard over a brand-new build. It’s a sensible choice for first-time homeowners seeking room to grow, or downsizers wanting main-floor living without sacrificing outdoor space.
Frequently Asked Questions
1. How does the property’s value compare to recent sales?
Based on available data, the home last sold between $285,000 and $315,000 in August 2017. Its current assessed value of $440k indicates significant appreciation, which is consistent with broader market trends. For the exact historical sold price, you can request details via email from the listing source.
2. Is the lot size a major advantage?
Yes. The land area is in the top 6% on its own street and the top 12% citywide. This is a standout feature, offering more privacy and flexibility than many lots in established neighbourhoods.
3. What does "above average" for year built mean for a 1972 home?
While 1972 isn't new, this home is newer than many of its direct peers. On Silverstone Avenue, it ranks in the top 21%, meaning it’s among the newer homes on the block, which can sometimes correlate with updates in original construction standards or layout.
4. Who might this property not suit?
Buyers seeking a modern, open-concept layout or a brand-new home without any potential for updates may find this less suitable. As a one-storey home from the 1970s, the original floor plan may feel more compartmentalized compared to newer designs.
5. What are the immediate next steps to learn more?
Review the nearby and similarly-valued properties listed to gauge the neighbourhood. To get precise historical price data for this address, use the provided email request function for a manual reply from the listing source.