Property Overview: 656 Pasadena Avenue, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This one-storey home in Fort Richmond is defined by its generous, above-average lot size—a standout feature both for the neighbourhood and city-wide. With 7,559 sqft of land, it offers significant outdoor space and potential, a rarity in many urban areas. The house itself, built in 1970, is newer than many on its street and features a renovated basement. Its living area of 1,014 sqft is modest compared to local averages, positioning it as a more manageable, efficient footprint.
The appeal lies in this balance: a substantial, private yard coupled with a home that requires less upkeep than a larger property. It suits first-time buyers seeking space to grow into without the maintenance burden of a massive house, or downsizers who want to retain a sizable garden. The detached garage adds practical storage or workshop space. From an investment perspective, the assessed value is solid for the street, suggesting the property holds its ground in the immediate area. A thoughtful perspective is that a smaller home on a large lot can represent future potential, whether for gardening, expansion, or simply enjoying more private green space than typically found.
Frequently Asked Questions
1. How does the home’s size compare to others in the area?
At 1,014 sqft, the living area is below the average for both Pasadena Avenue and the wider Fort Richmond neighbourhood. This indicates a more compact and efficient layout.
2. What is significant about the lot size?
The 7,559 sqft lot is a key feature. It ranks above average for Fort Richmond and city-wide, offering considerably more outdoor space than many comparable properties.
3. What does the sold price history indicate?
The most recent sale in early 2025 was in a range around the assessed value. A prior sale in 2017 was at a notably lower price, reflecting the property’s appreciation over an eight-year period.
4. Is the home older or newer than its neighbours?
Built in 1970, it is newer than the average home on Pasadena Avenue, which may suggest updates to core components compared to some immediate neighbours.
5. Who would this property suit best?
It is well-suited for buyers who prioritize a large yard and a manageable, single-level living space. This includes first-time buyers looking for a starter home with room to enjoy outdoors, or those looking to downsize from a larger property without sacrificing land.