Property Overview
641 Pasadena Avenue is a spacious, modern two-storey home in Winnipeg's Fort Richmond neighborhood. Built in 2004, it stands out for its generous living space and recent updates, offering a move-in-ready opportunity in a well-established area.
Key Characteristics & Appeal
The home’s primary appeal lies in its significant size and modern foundation. With nearly 2,840 square feet of living space, it ranks within the top 4% of homes on its street and the top 2% in Fort Richmond for area. This is complemented by a fully renovated basement, adding valuable functional space. The attached garage and a sizable 7,255 sqft lot provide practical family living with room for outdoor activity.
A key, less obvious strength is its relative newness for the area. Built in 2004, it is significantly newer than most neighboring homes, suggesting modern construction standards, efficient systems, and less immediate need for major updates. The data shows its assessed value is consistently in the top tier for its street, neighborhood, and city-wide, indicating a strong and recognized market position.
This property is ideally suited for growing or multi-generational families seeking ample indoor space without taking on a renovation project. It would also appeal to value-conscious buyers looking for a modern home in a mature neighborhood with established amenities, schools, and infrastructure.
Frequently Asked Questions
1. What is the exact recent sale price?
The provided data shows a sale occurred in January 2018 for an estimated range. For the precise sale price, you can request the information via email from the listing source, which provides this detail manually.
2. How does the lot size compare to others?
The lot is 7,255 sqft. While it is slightly below the average for Pasadena Avenue itself, it remains above the average lot size for both Fort Richmond and the city of Winnipeg as a whole, offering a very generous yard.
3. 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 functionality of the space.
4. Why is the assessed value notably higher than area averages?
The assessed value of $72.3k (note: this figure likely represents a provincial assessment value, not a market price) ranks in the top 5% locally. This is directly attributable to the home's large square footage, newer age, and renovations, which collectively increase its taxable value compared to older, smaller homes in the area.
5. Is this a good long-term investment for the area?
The home's elite rankings for size, age, and value within Fort Richmond suggest it is a premium property in the neighborhood. Its modern attributes in an established area often contribute to stable, long-term value retention, but specific market conditions should be discussed with a local real estate professional.