Property Overview: 7 Cornell Drive, Fort Richmond, Winnipeg
Key Characteristics & Appeal
This two-storey home in Fort Richmond is a practical and well-sized property built in 1965. Its primary appeal lies in its above-average living space (1,524 sq ft) compared to many local and city-wide benchmarks, offering more room than typical homes in its category. The house features an attached garage and a renovated basement, adding functional living and storage space. The lot, while slightly smaller than some immediate neighbours, is still a generous city-sized parcel.
The home’s assessed value is consistently average for its street and neighbourhood, suggesting it is priced in line with market expectations without significant premium or discount. This creates a stable, predictable entry point into the mature Fort Richmond community. It would suit first-time buyers or small families looking for a move-in-ready home with a modernized lower level and more interior space than many comparable options. Its straightforward profile also appeals to value-conscious buyers who prioritize practicality over flashy updates.
Frequently Asked Questions
1. How does the living area compare to nearby homes?
The home offers more living space than most comparable properties on its street, in Fort Richmond, and across Winnipeg, placing it in the top 21-32% for size in these groups.
2. What is the significance of the assessed value being "around average"?
It indicates the property’s municipal assessment is typical for the area, suggesting the home is unlikely to be over- or under-valued based on core tax metrics, providing a neutral starting point for market pricing.
3. The land area ranking seems low for the neighbourhood. Is the yard small?
While the lot is smaller than many in Fort Richmond, it is still above the city-wide average. This often means a manageable yard with less maintenance, which can be a benefit for some buyers.
4. The home was built in 1965. What should I consider?
As a home from the mid-60s, prospective buyers should prioritize a thorough inspection of foundational elements, roof, wiring, and plumbing, which are typical focus areas for houses of this era, even with a renovated basement.
5. Can I see the exact historical sale prices?
The exact sold prices are not publicly displayed. The listing service provides estimated price ranges and offers to send the precise figures directly via email upon request, which they handle manually.