Property Overview: 636 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This well-situated bi-level home in Fort Richmond presents a solid, above-average offering for its immediate area. With 1,459 sqft of living space and a renovated basement, it provides practical, flexible space. Its key strength lies in its strong assessed value, which places it in the top 30% both on its own street and citywide, suggesting a property that holds its worth well. The lot size is a notable feature—at 7,534 sqft, it is substantially larger than the Winnipeg average, offering excellent outdoor potential, though it is slightly smaller than others on Grierson Avenue.
The appeal here is grounded in value and space. It suits buyers looking for a established home in a mature neighbourhood, who prioritize a generous yard over a brand-new build. It’s an ideal match for a growing family seeking room to play and garden, or a practical buyer who sees the value in a renovated basement and a detached garage for storage or projects. A less obvious perspective is that its 1965 build date, while not new, means the home is from an era of sturdy construction and may sit on a prime, larger lot that is no longer available in newer subdivisions.
Section 2: Frequently Asked Questions
1. How does the property’s value compare to its neighbours?
The home’s assessed value of $450k ranks in the top 28% on Grierson Avenue and citywide, indicating it is considered more valuable than many comparable properties, likely due to its size, condition, and lot.
2. Is the lot size a pro or a con?
It’s primarily a pro. While it’s slightly below the average for Grierson Avenue, it is significantly larger than the typical Winnipeg lot (ranking in the top 13% citywide), offering more private outdoor space than most homes in the city.
3. What does the sold price history indicate?
Public records show it last sold in July 2019 for an estimated range of $40.50k to $43.50k. It’s important to request the exact sale price from the site to understand its appreciation relative to the current assessed value.
4. Who would this home not suit?
It may not suit those seeking a modern, open-concept layout typical of new builds, or buyers who prefer a low-maintenance, small yard. The bi-level style and 1960s vintage require an appreciation for functional, multi-level living.
5. Are the rankings for Year Built a concern?
Not necessarily. Built in 1965, its age is typical for the area and city. The "below average" ranking in Fort Richmond simply means many homes in that specific neighbourhood are newer, but the home’s overall value and land size compensate for its vintage.