Property Summary: 663 Pasadena Avenue, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This is a classic, one-storey home built in 1961, situated on a notably generous lot in Winnipeg's Fort Richmond neighbourhood. Its primary appeal lies in the balance between a modest, renovated living space and a substantial, above-average land area of over 7,500 sqft. The 988 sqft house is compact and efficient, featuring a renovated basement, and is complemented by a detached garage.
The property suits practical buyers looking for a solid entry point into a well-established neighbourhood. It’s ideal for those who value outdoor space and potential over immediate square footage—think first-time homeowners, downsizers seeking manageable indoor maintenance, or investors who see value in the land itself. A less obvious perspective is its appeal to buyers who prefer character from a specific era (early 1960s) and the opportunity to gradually expand or upgrade the existing home in the future, given the ample yard space. Its assessed value is positioned around the average for the area, suggesting a stable, no-surprises investment rather than a luxury purchase.
Section 2: Frequently Asked Questions
1. How does the living area compare to nearby homes?
The living area is compact at 988 sqft, which is below the average for both the immediate street and the broader Fort Richmond area. This indicates a home focused on efficient use of space.
2. What is the significance of the large lot size?
The lot is a key feature, ranking in the top 20-30% for size locally. This offers valuable outdoor space, potential for additions, gardening, or future development, setting it apart from many properties with similar house sizes.
3. What can the sold price history tell me?
The home sold in July 2021 for an estimated range of $345k-$375k. For the exact historical sold price, you can request the information directly via the provided email service on the listing page.
4. Is the age of the home (1961) a concern?
While older than many homes on its street and in Fort Richmond, its age is near the city-wide average. A home of this vintage may have undergone updates (like the basement renovation mentioned), but a thorough inspection is always recommended to understand the condition of major systems.
5. Who are the most comparable nearby properties?
The listing identifies similar homes primarily by assessed value (also at $381k) in neighbourhoods like Varsity View and Elmhurst. On Pasadena Avenue itself, the direct neighbours are the most immediate comparables for location and lot characteristics.