Property Overview: 621 Patricia Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This one-storey home in Fort Richmond is a practical property that presents a clear value proposition. Its key characteristic is its modest 952 sqft living area, which is notably compact compared to most homes on its street and in the neighbourhood. However, this is balanced by a fully renovated basement, adding functional living space, and a generous 6,474 sqft lot that is above average for Winnipeg. The detached garage and the home's 1961 vintage round out the profile.
The primary appeal lies in its efficiency and lot size. It suits buyers seeking an affordable entry into a mature Winnipeg neighbourhood like Fort Richmond, potentially including first-time homeowners, downsizers looking for minimal upkeep, or investors. A thoughtful perspective is that while the house itself is smaller, the large lot offers valuable future potential—whether for gardening, expansion, or simply enjoying more private outdoor space than is typical in the city. It’s a property where the land may be a more significant long-term asset than the current structure.
Section 2: Frequently Asked Questions
1. Is the home's smaller living area a concern?
While the above-ground living space is compact, the renovated basement significantly increases the usable square footage. The layout and functionality of both levels will be key considerations for daily living.
2. What does the assessed value indicate?
The assessed value of $35,300 is below average for Fort Richmond but near the city-wide average. This typically suggests a more affordable purchase price point within the area, but the final market value is determined by current conditions and the property's specific features.
3. How does the lot size compare?
The lot is a standout feature. At over 6,400 sqft, it is larger than the average Winnipeg lot, offering ample yard space which is a relative rarity and a strong positive for the property.
4. What is the neighbourhood like?
Fort Richmond is a well-established, family-friendly neighbourhood near the University of Manitoba. It offers a mix of residential streets, parks, schools, and convenient access to amenities and major routes.
5. Are there any known sale prices for this home?
Public data indicates a sale in September 2016 in the $23,500-$26,500 range. For the exact historical sold price, you can request the information via email from the listing source.