Property Overview: 7 Millikin Road, Fort Richmond, Winnipeg
Section 1: Key Characteristics & Appeal
This home is a 1972 bi-level with 1,171 sqft of living space, an attached garage, and a renovated basement, situated on a 6,599 sqft lot. Its core appeal lies in its position as a solid, no-frills property in a well-established neighbourhood. The data suggests it's not the largest or newest on its street, but it represents a practical entry point into the Fort Richmond area, known for its convenience and amenities.
The home would suit first-time buyers or practical downsizers looking for a manageable layout without a major renovation project, thanks to the updated basement. Its assessed value is modest relative to the city, which may indicate a lower property tax burden—a key, often overlooked factor for long-term affordability. The lot size is notably above the citywide average, offering good outdoor space potential for its category, which is a significant plus for families or those who value a larger yard.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others?
At 1,171 sqft, the living area is below the average for Millikin Road itself but is close to the average for both the Fort Richmond area and the wider city. It offers a compact, efficient footprint.
2. What does the assessed value tell me?
The assessed value ($40.10k) is below the street average but around the neighbourhood average. It’s important to note this is for taxation purposes; the actual market sale price will be different and is influenced by current conditions.
3. Is the lot a good size?
Yes. The 6,599 sqft lot is a standout feature, ranking in the top 21% citywide. This means you get more outdoor space than most comparable Winnipeg properties, which is a valuable asset.
4. The home was built in 1972. What should I consider?
While well-maintained, a home from this era may have original major systems (like plumbing, electrical, or the roof) that are nearing or past their typical lifespan. A thorough inspection is advised to budget for any potential updates.
5. Where can I find the exact historical sale prices?
The listed sale price ranges are based on public data. To obtain the precise sale price history, you can request it via email from the site. They provide this detail manually and state they will not use your contact information for unsolicited marketing.