Property Overview: 62 Newcastle Road, Fort Richmond
Key Features & Ideal Buyer
This two-storey home in Fort Richmond presents a compelling blend of space, location, and value. Its key characteristic is its above-average living area of 1,608 sqft, which places it in the top 9% of homes on its own street and the top 25% citywide, offering more interior room than many comparable properties. The home features an attached garage and a renovated basement, adding functional living space. Built in 1973, it is notably one of the newer homes on Newcastle Road.
The appeal lies in its strong positioning within a mature, established neighbourhood. While the lot size is slightly smaller than others on the street, it remains larger than the Winnipeg average, offering a manageable yard. The assessed value of $440k is above average for the city, yet appears consistent for the area, suggesting a stable investment in a desirable location. This property would suit buyers looking for a spacious, move-in-ready home without the premium for a brand-new build. It’s particularly well-suited for small families or professionals who value more interior square footage over an expansive yard, and who appreciate the practical benefits of a renovated basement and attached garage in a well-ranked neighbourhood.
Frequently Asked Questions
1. How does the home’s size compare to others?
At 1,608 sqft, the living area is significantly larger than the average for both the immediate street and the city of Winnipeg as a whole, placing it in the top quarter of homes locally.
2. Is the assessed value a good indicator of the likely selling price?
The $440k assessment is above the citywide average and sits around the average for the broader Fort Richmond area. It serves as a useful benchmark, but market conditions, the home’s condition, and the renovated basement will ultimately determine the final sale price.
3. What does the "renovated basement" include?
The listing confirms the basement is renovated but does not specify the scope. A prospective buyer should inquire about the finishes, permits, and the nature of the renovation (e.g., cosmetic updates versus structural changes) to understand its value fully.
4. The lot is noted as smaller than others on the street. Is this a concern?
While the lot is below the street average, at 6,717 sqft it is still larger than the typical Winnipeg lot. This may appeal to buyers who prefer less yard maintenance while still having decent outdoor space.
5. How can I find out the exact historical sale prices?
The provided sold price history shows estimated ranges. The listing service offers to provide the exact sold prices via a manual email request, which they aim to fulfill by the end of the same business day.