Property Overview: 661 Silverstone Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This 4-level split home, built in 1965, sits on a generous 6,472 sqft lot in Winnipeg's Fort Richmond neighborhood. Its primary appeal lies in its above-average living space (1,497 sqft) and land size compared to many local and city-wide benchmarks, offering room to grow within a mature community. The home features a detached garage and a basement that is noted as being unrenovated, presenting a classic canvas.
The property’s assessed value is notably below average for its immediate street and neighborhood, which could signal an opportunity for value-conscious buyers. This combination—more house and land than many peers, at a below-average assessment for the area—makes it a practical candidate for buyers looking for space and potential over immediate modern finishes. It would suit a handy homeowner comfortable with gradual updates, a family seeking affordability in a established area, or an investor considering the value of the sizable lot in a long-term context.
Section 2: Frequently Asked Questions
1. Is the basement finished?
No, the basement is noted as "not renovated," meaning it is likely unfinished or in original condition, offering potential for customization.
2. How does the property’s value compare to the area?
The home’s assessed value is below the average for both Silverstone Avenue and the wider Fort Richmond area, though it is around the city-wide average. This suggests it may be priced accessibly within its immediate community.
3. What are the advantages of a 4-level split layout?
This style typically provides distinct living zones across multiple half-levels, offering good separation between living, sleeping, and utility areas, which can be ideal for family living.
4. Has the property been sold recently?
Yes, according to available data, it sold previously in September 2020 and July 2016. The exact sold prices can be requested from the listing source.
5. The lot size is noted as "above average." What does that mean practically?
With a lot size ranking in the top 23% city-wide, you have more outdoor space than most Winnipeg homes, which is valuable for gardening, recreation, or future expansions like a deck or shed.