Property Overview: 619 Patricia Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This well-situated one-storey home in Fort Richmond offers a practical and comfortable living space. Its key features include a renovated basement, a detached garage, and a generous 6,474 sqft lot that is notably above average in size citywide. With 1,166 sqft of living area, the home provides a manageable footprint that is typical for the immediate street and neighborhood.
The appeal lies in its balanced, no-frills offering. The renovated basement adds valuable finished space, while the large lot presents opportunities for gardening, expansion, or simply more private outdoor space than many city properties. The home’s assessed value positions it as a solid, mid-range option in the area. It was built in 1970, making it newer than many comparable homes on its own street, which can be a plus for systems and upkeep.
This property would suit first-time buyers looking for a move-in-ready home with room to grow, or downsizers seeking single-level living without sacrificing yard space. It’s a pragmatic choice for someone who values a quiet residential street in a established neighborhood like Fort Richmond, with the University of Manitoba and major amenities close by.
Frequently Asked Questions
1. How does the property’s size compare to others?
The living space is average for the street and neighborhood. The standout is the land area, which is above average compared to homes across Winnipeg, offering a larger-than-typical yard.
2. What does the “renovated basement” include?
The listing confirms the basement is renovated but does not specify the finishes or layout. This is a key detail to clarify with the selling agent to understand the quality and scope of the renovation.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value of $410k is a municipal valuation for tax purposes. While it provides a benchmark, the final sale price is determined by the market. Recent sold price data for the area should be reviewed for a more accurate picture.
4. What are the implications of the home being built in 1970?
Built in 1970, this home is newer than many on its block. This can suggest updated building standards for its era, but it remains essential to have a thorough inspection of the roof, wiring, plumbing, and insulation, which may be nearing or due for updates.
5. What is the typical buyer competition like for this type of home?
Given its profile as a modest, updated bungalow on a large lot, it would likely attract both practical first-time buyers and downsizers. This can mean steady, but not typically frenzied, competition compared to newer or more highly styled properties.