Property Overview: 655 Grierson Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home in Fort Richmond offers a practical and spacious layout with 1,632 sqft of living space, which is notably above average for both the immediate street and the wider city. Built in 1969, it sits on a generous 7,538 sqft lot, providing ample outdoor space that is a relative rarity citywide. A key modern update is the renovated basement, adding functional living area. The home features a detached garage.
Its primary appeal lies in its balanced offering of above-average interior space and a larger-than-typical yard within a mature, established neighbourhood. The recent basement renovation adds immediate move-in comfort without the need for a major project. It suits buyers looking for a family-sized home with room to grow, garden, or entertain outdoors, and who value the stability and convenience of the Fort Richmond area. A thoughtful perspective is that while the home's assessed value is average for its local area, the combination of a large lot and renovated basement in a single property presents a value proposition that can be harder to find in newer subdivisions.
Section 2: Frequently Asked Questions
1. How does the living space compare to typical homes?
At 1,632 sqft, the living area is in the top 16% on its own street and the top 24% citywide, meaning it is significantly more spacious than the average Winnipeg home.
2. What is the significance of the lot size?
The 7,538 sqft lot is notably larger than the Winnipeg average, placing it in the top 13% citywide. This offers more privacy, yard space, and potential for gardening, play, or expansion than many properties.
3. What does "renovated basement" typically include?
While exact finishes should be verified, a renovated basement generally means the lower level has been updated to include finished living space, such as a recreation room, additional bedrooms, or a modern laundry/utility area.
4. Is the assessed value a good indicator of the selling price?
Not directly. The assessed value (listed as $43.80k) is for municipal tax purposes. The home last sold in late 2022 for approximately $42.50k - $45.50k. Market conditions and property demand determine the actual sale price.
5. What are the implications of a detached garage?
A detached garage offers flexibility for its use as a workshop or studio separate from the house. It may mean a short walk to your vehicle in winter, but it can also reduce noise and fumes from entering the main living area.